Iran

The Treasury Department has enforced sanctions on the Persian Gulf Strait Authority (PGSA) of Iran, the body that manages the operations of the Strait of Hormuz. The Department emphasized that the Strait Authority is a key player in an Iranian-controlled scheme that flagrantly violates...

GasBuddy analyst Patrick De Haan on Tuesday said that diesel could become cheaper in some states across the U.S. as refinery issues clear up in the coming weeks. Diesel Prices May Be Coming Down In a post on the social media platform X, De Haan said that prices of diesel could fall in states like...

Gov. Gavin Newsom (D-CA) slammed President Donald Trump on Tuesday, outlining the impact of surging gas prices on Americans amid the Iran war. Trump Doesn’t Care About Gas Prices In a post on X, Newsom’s official Press Office handle posted a clip from an interview the Governor gave....

Investor Ross Gerber thinks that the Iran war has had a positive impact on Tesla Inc. (NASDAQ:TSLA) sales as gas prices reach new highs, prompting an EV shift. Tesla Sales Have ‘Bottomed’ In a post on X, the Gerber Kawasaki co-founder said that the EV giant’s sales have “...

Elon Musk’s SpaceX had reportedly requested a price hike from the Pentagon for the use of its Starlink network during the Iran war, leading to tensions between the two. Senior officials from SpaceX have claimed that the Pentagon has been undercompensating for their satellite Wi-Fi...

The Islamic Revolutionary Guard Corps (IRGC) reportedly shot down a U.S. military drone entering its airspace on Tuesday as tensions escalate between Washington and Tehran. IRGC Shoots Drone The IRGC downed an MQ-9 drone after identifying the "hostile aircraft" entering its airspace, according to a...

The reopening of the Strait of Hormuz is key to crude oil prices, as the waterway, which is 24 miles wide at its narrowest point, is responsible for over a fifth of the global crude oil supply chain. Here’s when the Strait would reopen, according to bettors on Polymarket and Kalshi....

Investor Ross Gerber of Gerber Kawasaki on Monday stressed the importance of lower gas prices as costs at the pump on Memorial Day were the highest since Russia’s invasion of Ukraine. Lower Gas Prices Critical For Economy In a post on X, Gerber shared that markets would “react very...

President Donald Trump said Monday that he asked Saudi Arabia, Qatar, Pakistan, Turkey, Egypt and Jordan to join the Abraham Accords together as he tries to negotiate an agreement to end the war with Iran, tying a fragile ceasefire effort to a wider push for normalization with Israel. Trump Links...

Donald Trump Jr. defended his father, President Donald Trump's, Iran diplomacy on Sunday, calling a potential peace and nuclear agreement with Tehran a "HUGE win for America" as some Republican lawmakers warned the emerging framework could concede too much. Trump Jr. Defends Iran Diplomacy Push "...

As talks of a deal between Washington and Tehran gained steam over the weekend, GasBuddy analyst Patrick De Haan opined on Sunday about how gas prices will fall. Gas Prices To Plummet De Haan took to X, quoting a post by a user who predicted that gas prices would fall in the coming days following...

President Donald Trump posted an AI-generated image of a large bomb mounted beneath a military aircraft on Sunday, as Republican senators raised concerns that an emerging Iran peace framework could give away too much after months of conflict. Trump Posts Bomb Image Amid Iran Talks Trump, who...

President Donald Trump has urged patience in the ongoing negotiations with Iran, emphasizing the importance of a well-crafted deal, amid criticism from some political figures. Trump Advises Against Haste On Sunday, President Trump said in a post on Truth Social that he advised his team not to...

Brent crude oil price slipped to $99.2 today, May 23, after reports that the United States and Iran were nearing a deal to extend the ceasefire by 60 days. It was trading at $100.1 on Hyperliquid, while the West Texas Intermediate fell to $96. Brent Crude Oil Price Slips As US-Iran Tensions Ease A...

Key Republican senators have voiced their concerns over a potential peace agreement with Iran. The deal has sparked apprehension among GOP lawmakers who fear it could compromise U.S. interests. Wicker Says Operation Epic Fury's Gains Would Be For Naught Senator Roger Wicker (R-Miss.), chair of the...