Jul 14 Why it's so difficult for the U.S. to fully reopen the Strait of Hormuz By Ben Finley, Farnoush Amiri, Konstantin Toropin, Associated Press Commercial vessels have been avoiding traditional routes through the strait out of fear of Iranian mines. Continue reading
Jul 14 Inflation cools more than expected in June as gas costs fall and underlying prices ease By Christopher Rugaber, Associated Press Tuesday's report likely reduces pressure on the Fed to boost its short-term interest rate to combat inflation. Continue reading
Jul 14 Trump backs away from plans to charge fees in the Strait of Hormuz By Jon Gambrell, Associated Press President Donald Trump on Tuesday announced a reversal of plans to charge a 20% toll on cargo going through the Strait of Hormuz, saying that Middle Eastern countries will instead make investment and trade deals with the U.S. Continue reading
Jul 13 Watch 7:37 Trump says U.S. 'taking over the strait' as conflict with Iran reignites By Liz Landers, Eliot Barnhart, Dan Sagalyn The U.S. is striking Iran for the third consecutive night and Iran said it fired a missile at a U.S. Navy ship. The attacks come after President Trump told Congress that the U.S. and Iran have resumed fighting. He also… Continue watching
Jul 13 Trump suggests he has left a standing order to attack Iran if it assassinates him. But Vance would make the call By Will Weissert, Associated Press President Trump is suggesting he has left standing orders for the U.S. military to destroy Iran “ at levels they've never seen before ” if Tehran follows through on its long-standing threats to kill him. Continue reading
Jul 13 Iran attacks on tankers in Strait of Hormuz kill and injure crewmembers, UAE says By Jon Gambrell, Josh Boak, Konstantin Toropin, Will Weissert, Associated Press The United Arab Emirates said that Iran attacked two tankers in the Strait of Hormuz, killing one mariner and wounding eight others. The Emirati Defense Ministry said Iran launched two cruise missiles at the tankers. Continue reading
Jul 12 U.S. launches more strikes on Iran as the standoff over the Strait of Hormuz escalates By Jon Gambrell, Will Weissert, Associated Press Iran’s state-run IRNA news agency cited the governor of Qeshm island near the strait as saying projectiles had been fired at military targets, with no casualties. Continue reading
Jul 11 Fate of Strait of Hormuz challenges talks as Trump and Iran's supreme leader trade threats By Jon Gambrell, Michelle L. Price, Will Weissert, Associated Press President Donald Trump overnight made threats on social media of further missile attacks against Iran, after the funeral of Supreme Leader Ayatollah Ali Khamenei saw open calls for the U.S. leader’s killing. Continue reading
Jul 10 Who launched the latest airstrikes against Iran? Right now it's a mystery By Jon Gambrell, Associated Press No one claimed responsibility Friday for airstrikes that hit Iran after the U.S. said it finished its attacks, leaving questions about who else may be targeting the Islamic Republic. Continue reading
Jul 09 Watch 4:42 Renewed U.S.-Iran fighting threatens shipping and hopes of ending war By Liz Landers, Daniel Okay, Dan Sagalyn The U.S.-Iran ceasefire is on the brink after another exchange of fire. Wednesday night, U.S. Central Command said it completed a new round of strikes against Iran. Neither side appears ready to return to talks, and Iran has not said… Continue watching