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The United States' oil production is double the level of Saudi Arabia's.
The United States has become the largest exporter of natural gas in the last 10 years, surpassing Qatar.
Goldman Sachs lowered its U.S. GDP growth forecast from 2.4% to 2.1% due to the ongoing war and elevated oil prices.
The U.S. Justice Department has asked the Federal Reserve's Inspector General to investigate Chairman Jerome Powell.
Kevin Hassett believes it would be a policy error for the European Central Bank or the Federal Reserve to raise interest rates in response to a temporary spike in energy prices.
The White House has taken action to open up offshore oil drilling in California that was previously shut down by the state.
Iranian oil production fell from 5 million barrels per day to 1 million barrels per day due to sanctions imposed by the Trump administration.
After the Biden administration stopped sanctions, Iran's energy production increased back to 5 million barrels per day over a couple of years.
Iran's stock market has been shut down for more than two months.
The Iranian currency has depreciated by 98% over the last 10 years.
Iran has lost as many as one million jobs due to economic pressures.
A potential U.S. military strike on Iranian infrastructure could put an additional 10 to 12 million jobs at risk, representing 50% of Iran's workforce.