World Jul 23 Trump threatens 'major military punishment' after Houthi attacks on tankers in Red Sea By Nick Schifrin, Dan Sagalyn
World Jul 23 Watch 5:58 Former U.S. diplomat breaks down Houthi attacks on Red Sea shipping For perspective on the Houthis' efforts to block shipping in the Red Sea, Amna Nawaz spoke with Timothy Lenderking. During his decades-long career as a U.S. diplomat, he served as special envoy to Yemen and as acting assistant secretary for… By Amna Nawaz, Dan Sagalyn
Economy Jul 14 Inflation cools more than expected in June as gas costs fall and underlying prices ease Tuesday's report likely reduces pressure on the Fed to boost its short-term interest rate to combat inflation. By Christopher Rugaber, Associated Press
World May 12 Watch 4:42 Hegseth grilled over direction of Iran war and costs for Americans Defense Secretary Pete Hegseth testified in back-to-back Capitol Hill hearings where he faced bipartisan frustration about the Iran war and its rising costs. With neither the Americans nor the Iranians softening their demands, the President left for a high-stakes visit… By Stephanie Sy, Winston Wilde
World Apr 30 Watch 3:49 Oil prices surge again as Trump weighs options to end Iran war and Hegseth faces lawmakers On Thursday, the top U.S. commander in the Middle East briefed Trump on potential military options and the ongoing blockade of the Persian Gulf while talks to end the war with Iran remain at a standstill. Meanwhile, Defense Secretary Hegseth… By Nick Schifrin, Winston Wilde
Apr 20 A long-shuttered Iraq-Syria border crossing reopens for the first time in more than a decade By Associated Press A key border crossing between Iraq and Syria reopened on Monday for the first time in more than a decade, with officials highlighting its potential for trade and oil exports. Continue reading
Apr 19 Oil prices spike again following latest standoff in the Strait of Hormuz By Wyatte Grantham-Philips, Associated Press The ongoing conflict with the U.S. and Iran prevented tankers from passing through. The price of U.S. crude oil increased 6.4% to $87.88 per barrel after trading resumed on the Chicago Mercantile Exchange. The price of Brent crude, the international… Continue reading
Apr 17 Oil prices plummet as Wall Street rallies to new record following Strait of Hormuz reopening By Stan Choe, Associated Press Oil prices are falling by more than 10%, and Wall Street is rallying toward another record after Iran said the Strait of Hormuz is fully open, which would allow oil tankers to exit the Persian Gulf again and carry crude… Continue reading
Apr 17 Iran reopens Strait of Hormuz as U.S. blockade remains By Kareem Chehayeb, Abby Sewell, Elena Becatoros, Associated Press The president's decision to continue the blockade despite Iran’s announcement appeared aimed at sustaining pressure on Tehran. Continue reading
Apr 16 What lagging jet fuel supplies could mean for airlines and travelers By Mae Anderson, Cathy Bussewitz, Wyatte Grantham-Philips, Associated Press A looming jet fuel shortage in Europe and Asia sparked by the Iran war and the effective closure of the Strait of Hormuz could further upend world travel within weeks if oil doesn't start flowing again soon — meaning higher airfares and flight cancellations as the… Continue reading