Iran war: Markets follow barrels, not President Trump ceasefire talk
Crude jumped more than 11% after Trump said the conflict is “nearly complete,” and analysts warned that could send US gas above $4 a gallon.
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Middle East Conflict
Tehran rebuffs diplomatic off-ramp in Iran war’s fourth week
Regional officials call the Strait of Hormuz Tehran’s key leverage, letting Iran raise global economic costs even after heavy losses in the U.S.-Israel conflict.
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Strait of Hormuz traffic grinds to a halt amid Iranian attack threat
Trump warned he would target Iranian power plants unless Iran fully opened the Strait of Hormuz within 48 hours.
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