The world’s biggest oil companies are benefiting from the high commodity prices that have been a drag on the rest of the economy.

© Meridith Kohut for The New York Times

Attacks in the Strait of Hormuz during the Iran war have led Saudi Arabia to rely on an alternative route for exporting oil. Our reporter Rebecca F. Elliott explains how that route is now threatened by the Houthis, a Yemeni militia supported by Iran.

The first U.S. attempt at reopening a shuttered reactor has been held back by run-down equipment and a lack of planning.