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Plus: Anthropic sues the Trump administration.
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Tuesday, March 10, 2026
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The U.S. war on Iran is already showing up at gas pumps across the country. The national average for a gallon of gas hit $3.48 on Monday, up nearly 50 cents since the U.S.-Israeli strikes on Iran began 10 days ago, according to
AAA.
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But this sharp spike in prices is likely only to be preliminary.
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The first wave of increases is here, and it’s simple enough to understand: When gas stations know their next delivery will cost more, they usually raise prices preemptively, before the more expensive fuel even arrives. The result is that pump prices tend to respond to crude spikes faster than the strict underlying supply-chain economics. Thus, the 50-cent jump Americans have already seen is likely just the first wave of the
pass-through.
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But eye-popping tallies at the pump are themselves likely only the beginning of the effects on consumer prices.
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<td align="center" bgcolor="#105C8E" style="text-align:center;-webkit-border-radius:6px;-moz-border-radius:6px;border-radius:6px;font-family:Arial,Helvetica,sans-serif;font-size:15px">
<!--[if
!mso]><!-->
<a style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 12px; border: none; display: block; ">
Just another inflation tax
</a>
<!--<![endif]-->
<!--[if mso]><a href="https://www.ne16.com/t/10412747/222404108/9336989/1/1009235/?abb9e380=NGYzZmQyODYtMmZhOS00YzdjLWFkYzktMzQyOGNhZmI3ZDBl&f5d63f87=REIlMjAwMy0xMCUyMCUyMA&x=f5870150" target="_blank"
style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 12px; border: none; display: block; ">Just another inflation tax</a><![endif]-->
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
<table border="0" cellpadding="0" cellspacing="0" style="margin: 0 0 8px 0;" width="100%">
<tbody>
<tr>
<td align="center" bgcolor="#105C8E" style="text-align:center;-webkit-border-radius:6px;-moz-border-radius:6px;border-radius:6px;font-family:Arial,Helvetica,sans-serif;font-size:15px">
<table border="0" cellpadding="0" cellspacing="0" style="border:none; border-spacing: 0; border-collapse: collapse; mso-table-lspace:0; mso-table-rspace:0; mso-margin-top-alt:0px; mso-margin-bottom-alt:0px; mso-padding-alt: 0px 0px 0px 0px;" width="100%">
<tbody>
<tr>
<td height="40" style="vertical-align:middle;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size:15px" valign="middle">
<a style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 12px; border: 1px solid
#105C8E; display: block; " target="_blank">
</a>
<table bgcolor="#105C8E" cellpadding="0" cellspacing="0" class="newButton" height="40" style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; padding-right:10px;mso-padding-right-alt: 10px;padding-left:10px;mso-padding-left-alt: 10px;padding-top:10px;mso-padding-top-alt: 10px;padding-bottom:10px;mso-padding-bottom-alt: 10px; " width="100%">
<tbody>
<tr>
<td align="center" bgcolor="#105C8E" style="text-align:center;vertical-align:middle;-webkit-border-radius:6px;-moz-border-radius:6px;border-radius:6px;font-family:Arial,Helvetica,sans-serif;font-size:15px" valign="middle">
<table bgcolor="#105C8E" cellpadding="0" cellspacing="0" style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; " width="100%">
<tbody>
<tr>
<td align="center" bgcolor="#105C8E" style="text-align:center;-webkit-border-radius:6px;-moz-border-radius:6px;border-radius:6px;font-family:Arial,Helvetica,sans-serif;font-size:15px">
<!--[if
!mso]><!-->
<a style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 12px; border: none; display: block; ">
Recession alarm bells
</a>
<!--<![endif]-->
<!--[if mso]><a href="https://www.ne16.com/t/10412747/222404108/9336990/1/1009235/?abb9e380=NGYzZmQyODYtMmZhOS00YzdjLWFkYzktMzQyOGNhZmI3ZDBl&f5d63f87=REIlMjAwMy0xMCUyMCUyMA&x=0e58b9de" target="_blank"
style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 12px; border: none; display: block; ">Recession alarm bells</a><![endif]-->
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
<table border="0" cellpadding="0" cellspacing="0" style="margin: 0;" width="100%">
<tbody>
<tr>
<td align="center" bgcolor="#105C8E" style="text-align:center;-webkit-border-radius:6px;-moz-border-radius:6px;border-radius:6px;font-family:Arial,Helvetica,sans-serif;font-size:15px">
<table border="0" cellpadding="0" cellspacing="0" style="border:none; border-spacing: 0; border-collapse: collapse; mso-table-lspace:0; mso-table-rspace:0; mso-margin-top-alt:0px; mso-margin-bottom-alt:0px; mso-padding-alt: 0px 0px 0px 0px;" width="100%">
<tbody>
<tr>
<td height="40" style="vertical-align:middle;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size:15px" valign="middle">
<a style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 12px; border: 1px solid
#105C8E; display: block; " target="_blank">
</a>
<table bgcolor="#105C8E" cellpadding="0" cellspacing="0" class="newButton" height="40" style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; padding-right:10px;mso-padding-right-alt: 10px;padding-left:10px;mso-padding-left-alt: 10px;padding-top:10px;mso-padding-top-alt: 10px;padding-bottom:10px;mso-padding-bottom-alt: 10px; " width="100%">
<tbody>
<tr>
<td align="center" bgcolor="#105C8E" style="text-align:center;vertical-align:middle;-webkit-border-radius:6px;-moz-border-radius:6px;border-radius:6px;font-family:Arial,Helvetica,sans-serif;font-size:15px" valign="middle">
<table bgcolor="#105C8E" cellpadding="0" cellspacing="0" style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; " width="100%">
<tbody>
<tr>
<td align="center" bgcolor="#105C8E" style="text-align:center;-webkit-border-radius:6px;-moz-border-radius:6px;border-radius:6px;font-family:Arial,Helvetica,sans-serif;font-size:15px">
<!--[if
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<a style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 12px; border: none; display: block; ">
Proof things can get much worse
</a>
<!--<![endif]-->
<!--[if mso]><a href="https://www.ne16.com/t/10412747/222404108/9336991/1/1009235/?abb9e380=NGYzZmQyODYtMmZhOS00YzdjLWFkYzktMzQyOGNhZmI3ZDBl&f5d63f87=REIlMjAwMy0xMCUyMCUyMA&x=9dc9bd34" target="_blank"
style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 12px; border: none; display: block; ">Proof things can get much worse</a><![endif]-->
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</div>
</div>
</td>
</tr>
<tr>
<td class="td100" colspan="6" height="24" style="width:100%;height:24px;font-size:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif">
<!--[if mso]><img
src="//editor.ne16.com/spacer.gif" style="mso-hide:all;border:0;"><![endif]-->
</td>
</tr>
<tr class="trpad10">
<td class="td100" colspan="6" style="padding:10px;width:100%;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:15px">
<h1 style="mso-line-height-rule:exactly;Margin:0;font-family:Arial;font-size:24px;font-weight:bold;">
<span style="font-family:Arial;font-size:24px">
Here's what you need to know
</span>
</h1>
</td>
</tr>
<tr>
<td class="snippet td100" colspan="6" style="width:100%;position:static;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:15px">
<table border="0" cellpadding="0" cellspacing="0" class="dragndrop" data-rss-posts="undefined" height="100%" style="table-layout:fixed;" width="100%">
<tbody>
<tr class="trpad10" style="background-color:#EFEFEF">
<td class="td100" colspan="2" style="background-color:#EFEFEF;width:33.3333%;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:15px">
<a aria-label="Hassan Ghaedi/Anadolu via Getty Images" style="color:#105C8E;" target="_blank" title="Hassan Ghaedi/Anadolu via Getty Images">
<img alt="Hassan Ghaedi/Anadolu via Getty Images" class="img100" data-linktype="Normal" data-target="_blank" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fqz.com%252Fcdn-cgi%252Fimage%252Fwidth%253D640%252Cheight%253D360%252Cfit%253Dcover%252Cquality%253D85%252Cformat%253Dauto%252Fhttps%253A%252F%252Fassets.qz.com%252Fmedia%252FGettyImages-2264958486%2520%25281%2529.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZxei5jb20lMkZjZCIsInRpbWUiOjE3NzMxMzY4OTcuODIzNjQ5fQ:1vztuD:i3CkGIvnbLwkGVKhF3OzDSHQ4spQ4GzMAQYw9mnZKAE" style="width:200px;max-height:338px;vertical-align:middle;border:0;" width="200"/>
</a>
</td>
<td class="td100" colspan="4" style="background-color:#EFEFEF;padding:10px;font-size:15px;font-family:Arial,Helvetica,sans-serif;width:66.6667%;vertical-align:top">
<div style="line-height: 1.4">
<strong style="color:#105C8E">
<a data-linktext="Oil price shock slams stocks as war drags on." data-linktype="Normal" style="color:#105C8E;" target="_blank">
Oil price shock slams stocks as war drags on.
</a>
</strong>
Over the weekend, U.S. stock market futures fluctuated deep into negative territory. On Monday, the major indexes tumbled more than 1% heading into the market
open.
</div>
</td>
</tr>
<tr style="background-color:#EFEFEF">
<td class="td100" colspan="6" height="24" style="background-color:#EFEFEF;width:100%;height:24px;font-size:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif">
<!--[if mso]><img src="//editor.ne16.com/spacer.gif" style="mso-hide:all;border:0;"><![endif]-->
</td>
</tr>
<tr class="trpad10" style="background-color:#EFEFEF">
<td class="td100" colspan="2" style="background-color:#EFEFEF;background-repeat:no-repeat;background-size:auto;vertical-align:top;width:33.3333%;font-family:Arial,Helvetica,sans-serif;font-size:15px">
<a aria-label="Michael Nagle/Bloomberg via Getty Images" style="color:#105C8E;" target="_blank" title="Michael Nagle/Bloomberg via Getty Images">
<img alt="Michael Nagle/Bloomberg via Getty Images" class="img100" data-linktype="Normal" data-target="_blank" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fqz.com%252Fcdn-cgi%252Fimage%252Fwidth%253D640%252Cheight%253D360%252Cfit%253Dcover%252Cquality%253D85%252Cformat%253Dauto%252Fhttps%253A%252F%252Fassets.qz.com%252Fmedia%252FGettyImages-2265145252.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZxei5jb20lMkZjZCIsInRpbWUiOjE3NzMxMzY4OTcuODIzNzcwOH0:1vztuD:TtB3CVgpfgP-MsC-dMbv70GgrREaWp0aYEKZ3wrJlEE" style="width:200px;max-height:338px;vertical-align:middle;border:0;" width="200"/>
</a>
</td>
<td class="td100" colspan="4" style="background-color:#EFEFEF;padding:10px;font-size:15px;font-family:Arial,Helvetica,sans-serif;width:66.6667%;vertical-align:top">
<div style="line-height: 1.4">
<strong>
<a data-linktext="JPMorgan says Iran war could mean a 10% hit for stocks." data-linktype="Normal" style="color:#105C8E;" target="_blank">
JPMorgan says Iran war could mean a 10% hit for stocks.
</a>
</strong>
The bank’s head of global market intelligence has warned that U.S. stocks aren’t prepared for a
full correction as the war in Iran drags on and oil costs rise.
</div>
</td>
</tr>
<tr style="background-color:#EFEFEF">
<td class="td100" colspan="6" height="24" style="background-color:#EFEFEF;width:100%;height:24px;font-size:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif">
<!--[if mso]><img src="//editor.ne16.com/spacer.gif" style="mso-hide:all;border:0;"><![endif]-->
</td>
</tr>
<tr class="trpad10" style="background-color:#EFEFEF">
<td class="td100" colspan="2" style="background-color:#EFEFEF;background-repeat:no-repeat;background-size:auto;vertical-align:top;width:33.3333%;font-family:Arial,Helvetica,sans-serif;font-size:15px">
<a aria-label="NurPhoto / Contributor / Getty Images" style="color:#105C8E;" target="_blank" title="NurPhoto / Contributor / Getty Images">
<img alt="NurPhoto / Contributor / Getty Images" class="img100" data-linktype="Normal" data-target="_blank" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fqz.com%252Fcdn-cgi%252Fimage%252Fwidth%253D640%252Cheight%253D360%252Cfit%253Dcover%252Cquality%253D85%252Cformat%253Dauto%252Fhttps%253A%252F%252Fassets.qz.com%252Fmedia%252FGettyImages-2264300262.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZxei5jb20lMkZjZCIsInRpbWUiOjE3NzMxMzY4OTcuODIzODgzNX0:1vztuD:MXHatUiZx8E492ympNAiSvwZdA6O3LppHHAQmjzxPOM" style="width:200px;max-height:338px;vertical-align:middle;border:0;" width="200"/>
</a>
</td>
<td class="td100" colspan="4" style="background-color:#EFEFEF;padding:10px;font-size:15px;font-family:Arial,Helvetica,sans-serif;width:66.6667%;vertical-align:top">
<div style="line-height: 1.4">
<strong>
<a data-linktext="Airline stocks sink as oil and jet fuel prices surge." data-linktype="Normal" style="color:#105C8E;" target="_blank">
Airline stocks sink as oil and jet fuel prices surge.
</a>
</strong>
Air New Zealand was among the worst hit, Korean Air wasn’t far behind, and Air France and American Airlines saw similar
declines during pre-market trading.
</div>
</td>
</tr>
<tr style="background-color:#EFEFEF">
<td class="td100" colspan="6" height="24" style="background-color:#EFEFEF;width:100%;height:24px;font-size:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif">
<!--[if mso]><img src="//editor.ne16.com/spacer.gif" style="mso-hide:all;border:0;"><![endif]-->
</td>
</tr>
<tr class="trpad10" style="background-color:#EFEFEF">
<td class="td100" colspan="2" style="background-color:#EFEFEF;background-repeat:no-repeat;background-size:auto;vertical-align:top;width:33.3333%;font-family:Arial,Helvetica,sans-serif;font-size:15px">
<a aria-label="Mark Felix/Bloomberg via Getty Images" style="color:#105C8E;" target="_blank" title="Mark Felix/Bloomberg via Getty Images">
<img alt="Mark Felix/Bloomberg via Getty Images" class="img100" data-linktype="Normal" data-target="_blank" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fqz.com%252Fcdn-cgi%252Fimage%252Fwidth%253D640%252Cheight%253D360%252Cfit%253Dcover%252Cquality%253D85%252Cformat%253Dauto%252Fhttps%253A%252F%252Fassets.qz.com%252Fmedia%252FGettyImages-2265153822.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZxei5jb20lMkZjZCIsInRpbWUiOjE3NzMxMzY4OTcuODI0MDA1MX0:1vztuD:6IZSC3eCXxKfPv297qG7rkWQGxdXDLEcDUdgPHHAW80" style="width:200px;max-height:338px;vertical-align:middle;border:0;" width="200"/>
</a>
</td>
<td class="td100" colspan="4" style="background-color:#EFEFEF;padding:10px;font-size:15px;font-family:Arial,Helvetica,sans-serif;width:66.6667%;vertical-align:top">
<div style="line-height: 1.4">
<strong>
<a data-linktext="The partial shutdown is causing airport delays across America." data-linktype="Normal" style="color:#105C8E;" target="_blank">
The partial shutdown is causing airport delays across America.
</a>
</strong>
With TSA screeners working without pay, waits stretched as
long as three and a half hours, turning spring-break travel into a very literal bottleneck.
</div>
</td>
</tr>
<tr style="background-color:#EFEFEF">
<td class="td100" colspan="6" height="24" style="background-color:#EFEFEF;width:100%;height:24px;font-size:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif">
<!--[if mso]><img src="//editor.ne16.com/spacer.gif" style="mso-hide:all;border:0;"><![endif]-->
</td>
</tr>
<tr class="trpad10" style="background-color:#EFEFEF">
<td class="td100" colspan="2" style="background-color:#EFEFEF;background-repeat:no-repeat;background-size:auto;vertical-align:top;width:33.3333%;font-family:Arial,Helvetica,sans-serif;font-size:15px">
<a aria-label="Jens Kalaene/picture alliance
via Getty Images" style="color:#105C8E;" target="_blank" title="Jens Kalaene/picture alliance via Getty Images">
<img alt="Jens Kalaene/picture alliance via Getty Images" class="img100" data-linktype="Normal" data-target="_blank" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fqz.com%252Fcdn-cgi%252Fimage%252Fwidth%253D640%252Cheight%253D360%252Cfit%253Dcover%252Cquality%253D85%252Cformat%253Dauto%252Fhttps%253A%252F%252Fassets.qz.com%252Fmedia%252Fweight%2520loss%2520drugs.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZxei5jb20lMkZjZCIsInRpbWUiOjE3NzMxMzY4OTcuODI0MTI2Mn0:1vztuD:kuDtcwrqAxxtV0LxA4fqkjDNg4MwNaA42C1dvRcO4Os" style="width:200px;max-height:338px;vertical-align:middle;border:0;" width="200"/>
</a>
</td>
<td class="td100" colspan="4" style="background-color:#EFEFEF;padding:10px;font-size:15px;font-family:Arial,Helvetica,sans-serif;width:66.6667%;vertical-align:top">
<div style="line-height: 1.4">
<strong>
<a data-linktext="Hims & Hers will sell Ozempic in a deal with Novo Nordisk" data-linktype="Normal" style="color:#105C8E;" target="_blank">
Hims & Hers
will sell Ozempic in a deal with Novo Nordisk
</a>
.
</strong>
The two have ended a bitter legal feud in a resolution that will allow the telehealth company to sell Novo's brand-name weight loss drugs, sending Hims & Hers stock soaring.
</div>
</td>
</tr>
<tr style="background-color:#EFEFEF">
<td class="td100" colspan="6" height="24" style="background-color:#EFEFEF;width:100%;height:24px;font-size:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif">
<!--[if mso]><img src="//editor.ne16.com/spacer.gif"
style="mso-hide:all;border:0;"><![endif]-->
</td>
</tr>
</tbody>
</table>
</td>
</tr>
<tr>
<td class="td100" colspan="6" height="24" style="width:100%;height:24px;font-size:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif">
<!--[if mso]><img src="//editor.ne16.com/spacer.gif" style="mso-hide:all;border:0;"><![endif]-->
</td>
</tr>
<tr class="trpad10">
<td class="td100" colspan="6" style="padding:10px;width:100%;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:15px">
<h1 style="mso-line-height-rule:exactly;Margin:0;font-family:Arial;font-size:24px;font-weight:bold;">
<span style="font-size:24px;font-family:Arial">
Recommended
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<td class="snippet td100" colspan="6" style="width:100%;position:static;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:15px">
<table border="0" cellpadding="0" cellspacing="0" class="dragndrop" data-rss-posts="undefined" height="100%" style="table-layout:fixed;" width="100%">
<tbody>
<tr class="trpad20" style="background-color:#E9F2F9">
<td class="td100" colspan="6" style="font-family:Arial,Helvetica,sans-serif;line-height:1.3;width:100%;background-color:#E9F2F9;font-size:16px;padding:20px;vertical-align:top;mso-line-height-rule:exactly">
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<strong style="font-family: Georgia, serif; font-size: 20px">
Is your company one of the best places to work? Prove it.
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</div>
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</div>
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We're accepting nominations for our
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<a data-linktext="Register now" data-linktype="Normal" style="color:#105C8E;" target="_blank">
Register now
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Anthropic sued the Trump administration on Monday as part of its continued feud with the Pentagon for using its artificial intelligence for military missions.
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The company behind Claude AI filed two lawsuits, one in a federal appeals court in Washington and another in California federal court, to challenge the Pentagon's decision to classify it as a “supply chain
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Anthropic had said it refused to let its technology be used for autonomous weapons or mass surveillance and wouldn't budge when officials demanded blanket permission to use it in any lawful scenario. The U.S. struck Iran while using Anthropic's tools for targeting and intelligence systems in Central Command, the military’s Middle East headquarters.
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“This is a necessary step to protect our business, our customers, and our partners,” Anthropic told Quartz by email on Monday. “We will
continue to pursue every path toward resolution, including dialogue with the government.”
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2 weeks, 6 days ago - hi@e.qz.com
Plus: Anthropic sues the Trump administration. View as a Web page Tuesday, March 10, 2026Scott ...