Trump Backs Temporary Gas Tax Cut Amid Rising Fuel Prices
U.S. President Donald Trump has voiced support for temporarily suspending the federal gasoline tax as fuel prices surge across the United States due to the ongoing Iran war and disruptions in global oil shipments....
U.S.–Iran Clashes Threaten Fragile Hormuz Truce
A fragile ceasefire in the Middle East is at risk of collapse as the United States and Iran escalate military actions around the Strait of Hormuz, a vital route for global oil shipments. The...
Trump Signals Imminent Iran Deal as Strait of Hormuz Talks Intensify
U.S. President Donald Trump said a deal to end the ongoing conflict with Iran could be reached soon, expressing confidence that Tehran is willing to negotiate. While noting that the current two-week ceasefire may...
Global Coalition Weighs Action to Reopen Strait of Hormuz Amid Rising Tensions
Around 40 countries have begun discussions on coordinated diplomatic and military measures to reopen the strategically vital Strait of Hormuz, following Iran’s blockade that has disrupted nearly a fifth of global oil supplies. The...
Global Tensions Rattle Markets as Oil Surges and U.S. Stock Futures Slide
U.S. stock futures fell sharply in premarket trading Monday as global oil prices surged amid signs that U.S.-Israel military strikes in Iran were expanding across the region, fueling fears of major disruptions to energy...