The conflict's impact on oil supply highlights vulnerabilities in global energy security, potentially accelerating shifts towards alternative energy sources.
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Key Takeaways Trump claimed gas prices fell “very substantially” on May 8, but AAA data shows they rose to $4.52/gal that day. The U.S.-Iran conflict disrupted roughly 20% of global oil supply, pushing Brent crude past $100/barrel in May 2026. EIA forecasts Brent could peak near $115/bbl in Q2 2026 before easing if the Strait of Hormuz tensions resolve. U.S. Gas Prices Are up $1.40 From Last Year Trump made the claim during a press exchange this week when reporters asked about his Middle East strategy amid pump prices exceeding $4.50 per gallon. He pushed back, telling reporters that gas prices had fallen “very substantially” that day and were “way down.” However, AAA data shows prices held near elevated levels before a 1-cent easing — well short of any substantial decline. The numbers tell a different story. At Trump’s January 2025 inauguration, the natio
The U.S. national average price for regular unleaded gasoline reached $4.52 per gallon on May 10, 2026, directly contradicting President Donald Trump’s assertion that prices had dropped sharply. U.S. Gas Prices Are up $1.40 From Last Year Trump made the claim during a press exchange this week when reporters asked about his Middle East strategy […]
In the first quarter of 2026, 65.6 million PCs were sold worldwide, according to data released this week by IDC. That represents a 2.5% increase compared to the same quarter a year ago. The research firm attributed the increase to customers moving to buy PCs now ahead of expected significant price hikes.
The fact that computer sales are rising despite the uncertain global situation and a worldwide shortage of RAM is seen as a positive sign, but the industry faces uncertainty in the months ahead.
“The conflict in the Middle East has introduced a new layer of volatility to the fragile computer market, which is weighing on global logistics with a double-edged sword of rising energy and transportation costs,” Isaac Ngatia, senior research analyst, IDC Devices Research, said in a statement.
As usual, Lenovo, HP, and Dell were the top PC sellers, followed by Apple and Asus. The latter accounted for the largest increase — specifically, up 17.1%.
American military reinforcements continue to arrive in the Middle East, as uncertainty persists over the possibility of US boots on the ground in Iran. Amid these tensions, a surge of misinformation has spread online about US forces, as Vedika Bahl explains.
