The Effects of High Oil PricesOur chief economics correspondent, Ben Casselman, breaks down how gasoline prices have responded to the oil crisis in the Persian Gulf, and what is in store for inflation if the price of oil remains above $100 per barrel. By Ben Casselman, Sutton Raphael, James Surdam, Joey Sendaydiego, Estelle Caswell and June KimMarch 19, 2026

Source: International New York Times March 19, 2026 13:21 UTC