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Why Europe Really, Really Needs a Mild Winter

The economy has been resilient despite higher prices stemming from the war in the Middle East, but that could change quickly if cold weather forces countries to tap depleted gas reserves.

Β© Patrick Junker for The New York Times

Locals at an open-air neighborhood dinner, in Italy during the summer. While Italy’s gas reserves are at nearly 85 percent capacity, Germany’s lag at just 56 percent.

Why the Iran War Will Make Heating Oil More Expensive for Some This Winter

The cost of heating oil, which is similar to diesel and used extensively in Northeastern states, has climbed sharply because of the war in Iran.

Β© Andrew Rush/Pittsburgh Post-Gazette, via Associated Press

The price of heating oil, which is mostly used in the Northeast and Alaska, is up around 60 percent since the war in Iran started.
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