Politics & Policy

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Food

Not just gasoline: Rising costs from Iran conflict will impact food, plastics and electronics

The Strait of Hormuz is an artery through which oil, natural gas, petrochemicals and nitrogen fertilizers flow. Just about every consumer product will be more expensive with increased costs of diesel, gasoline, fertilizers, plastics and helium, all of which require oil products. How high prices go and what the impact will be on the economy will depend on how long the conflict continues, and its eventual outcome.

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Keystone

U.S. Supreme Court denies Michigan pipeline case

The Sixth Circuit Court of Appeals allowed Enbridge Energy's lawsuit against the state policy to continue. Whitmer argued Michigan has a right to decide how its public lands can be used and should be allowed to revoke the company's pipeline access.