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Oklahoma soybean farmers are navigating a cascade of financial pressures: trade war fallout that cut China's soybean purchases by 78%, fertilizer prices driven up by tariffs and the closing of the Strait of Hormuz, and fuel costs up more than 50%. Government assistance has helped, but margins remain deeply negative.
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Business is booming for exports, but consumers are feeling the pinch.
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Joint statement says steady flow of information to public serves national interest
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Crude oil prices have surged in recent weeks amid the war in Iran.
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Five of six members of Kansas’ congressional delegation rejects war-powers resolution
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Texas oil companies stand to profit from Iran war disruptions while consumers face higher gas pricesTexas' status as the nation's largest oil producer will partially insulate its residents from some gas price hikes, but it's not immune to disruptions, experts say.