Iran

Former Congresswoman Marjorie Taylor Greene has questioned why ordinary Americans were still grappling with high gas costs despite President Donald Trump‘s claims of secretly moving oil out of the Strait of Hormuz amid the Iran war. Trump Touts ‘Secret’ Military Operation On...

The odds of President Trump announcing a ceasefire between the U.S. and Iran have plummeted as the U.S. and Iran have started exchanging strikes. While a deal was expected to be announced soon, Iran downed an American Apache helicopter on Monday, prompting Trump to call for a "very strong response...

The Bureau of Labor Statistics reported that the Consumer Price Index rose 4.2% year over year in May, reaching its highest level since April 2023. Core inflation also accelerated from the prior month. Meanwhile, oil prices surged and equities retreated as renewed U.S.-Iran tensions rattled global...

President Donald Trump escalated his rhetoric against Iran Wednesday morning, declaring the country a failing state while warning that stalled nuclear negotiations would carry a steep cost — and Wall Street took notice before the opening bell. RTX stock is moving. See the chart and price action...

Orders for the world’s largest oil tankers have surged to a record high, eclipsing the previous peak reached during the 2008 financial crisis and reviving concerns that a future supply glut could leave shipowners competing more aggressively for cargoes. Supertanker Orders Reach Unprecedented...

Former Defense Secretary Lloyd Austin said Monday that the U.S. Navy could reopen the Strait of Hormuz but warned that keeping the critical oil route open would require help from international allies. Austin Says Allies Needed For Strait Mission "Certainly, the United States Navy could open the...

Iran’s Islamic Revolutionary Guard Corps (IRGC) said it launched retaliatory strikes on U.S. military bases across the region after American forces conducted “self-defense” strikes against Iranian targets late Tuesday in response to the downing of a U.S. Apache helicopter. The...

Investor Ross Gerber of Gerber Kawasaki on Tuesday reaffirmed his belief that the Iran War has provided a way to switch to alternative fuels, ditching oil. Alternative Sources More Profitable, Says Ross Gerber Taking to the social media platform X, Gerber quoted a Barron‘s post outlining how...

The U.S. military launched strikes against Iran Tuesday evening in direct retaliation for the downing of an American Apache helicopter on Monday. IDEF shares are climbing. See the chart and price action here. U.S. Central Command announced the action on X: “U.S. Central Command (CENTCOM)...

President Donald Trump expressed confidence in a swift conclusion to the ongoing war with Iran, and stated that the negotiating parties are on the verge of finalizing a “very, very good deal” aimed at prohibiting nuclear weapons. Following his attendance at the NBA Finals in New...

Brian Schimpf, CEO of defense tech giant Anduril, has raised concerns about the evolving dynamics of modern warfare and the potential unpreparedness of the U.S. military’s supply chain. At Fortune’s Brainstorm Tech conference on Monday, Schimpf noted that the U.S. and Israel...

Gov. Gavin Newsom slammed President Donald Trump as the U.S.-Israel and Iran war surpassed the 100-day mark amid rising inflation, warning that Trump does not have control of the situation. Trump Launched Iran War With No Plan In a post on X on Monday, Newsom’s Press Office said that the...

Iranian Foreign Ministry spokesperson Esmaeil Baqaei used a famous quote from William Shakespeare’s play “Macbeth” on Monday to ridicule Treasury Secretary Scott Bessent’s claim about seizing $1 billion worth of Iran’s cryptocurrencies. ‘Dwarfish Thief’ In...

U.S. stocks staged a sharp premarket rebound Monday as chip stocks bounced from Friday’s rout and President Donald Trump pushed to hold together a fragile Israel-Iran ceasefire, after a weekend in which the two sides traded fresh strikes. Micron Technology Inc. (NASDAQ:MU) jumped more than 8...

Israel has struck a petrochemical facility in Iran, marking the first attack on the country’s energy infrastructure since the ceasefire reached on April 8. The strike raises fresh concerns about the stability of the truce amid escalating tensions between the two countries. Israel said it...