Iran

Citadel Founder and CEO Ken Griffin shared his insights on the ongoing war, inflation, and the potential political repercussions in the upcoming midterm elections. In an interview with CNBC on Tuesday, Griffin commended President Donald Trump‘s handling of the Iran war, stating it has...

For more than a decade, China has been waging a quiet offensive against the U.S. dollar, and the front line has been oil. Beijing’s pitch to oil-producing countries has been simple: stop pricing your crude in U.S. dollars and start accepting Chinese yuan instead. Every barrel that trades in...

The U.S. is reportedly close to finalizing a memorandum of understanding (MOU) with Iran, which aims to terminate the ongoing war and lay the foundation for extensive nuclear negotiations. The Trump administration is in the final stages of negotiating a 14-point, one-page MOU with Iran. The...

Governor Gavin Newsom (D-CA) on Tuesday defended California’s tax on gasoline, saying that the high prices at the pump were a result of President Donald Trump‘s handling of the Iran war. Trump Surcharge On Gas In a post on X, Newsom’s official Press Office compared the per-gallon...

In the face of the ongoing Iran war, which has disrupted over a fifth of the global energy supply, the U.S. economy has demonstrated remarkable resilience, according to an economist. Eswar Prasad, a senior professor of trade policy and economics at Cornell University attributed this resilience to...

The latest U.S. intelligence reports suggest that Iran’s timeline to build a nuclear weapon remains unchanged since last summer, even after two months of war initiated by President Donald Trump to prevent the Islamic republic from developing a nuclear bomb, Reuters reported on Monday. The...

President Donald Trump has voiced his astonishment at the market’s resilience amid the ongoing war with Iran, contrary to his expectations of a significant downturn. At the Small Business Summit on Monday, Trump said that he had assumed a 25% market slump as a result of the conflict with...

On Monday, Senate Minority Leader Chuck Schumer (D-N.Y.) blamed rising gas prices on the Donald Trump‘s Iran policy, saying higher fuel costs are hitting American families as prices reach $4.39 per gallon. Gas Prices Spark Political Clash Over Foreign Policy In a post on X, Schumer...

Treasury Secretary Scott Bessent said Monday that "help is on the way" for U.S. gasoline prices as the Donald Trump administration tries to reopen shipping through the Strait of Hormuz and ease an oil-market squeeze that has pushed regular gas close to $4.50 a gallon. Bessent Says Fuel Relief Is...

Editor’s note: The story has been updated to include a response from Delta. Delta Air Lines Inc. (NYSE:DAL) has reportedly canceled several flights amid changes to its schedule, as well as personnel, while also considering a possible end to free food on its flights. Delta Cancels Flights The...

Sen. Bernie Sanders (I-VT) on Monday accused oil companies of profiting from the war in Iran amid an oil and gasoline price surge in the U.S. Ripping Off Americans Sanders, in a post on X, drew comparisons between crude oil and gasoline prices from 2026 and 2011. The Vermont independent outlined...

Cryptocurrency bettors are pricing in higher odds on Iran closing its airspace for commercial flights after renewed attacks in the Strait of Hormuz challenged the ceasefire. Will Peace Be Short-Lived? Polygon (CRYPTO: POL)-based Polymarket showed a 52% possibility that Iran initiates a “major...

The U.S. military said Monday it destroyed six Iranian small boats and intercepted Iranian cruise missiles and drones as Tehran tried to disrupt President Donald Trump's new effort to reopen commercial shipping through the Strait of Hormuz. US Says Iran Opened Fire First Adm. Brad Cooper, head of...

Leading cryptocurrencies extended their gains, while stocks declined on Monday as Iranian attacks on UAE oil facilities unsettled investors. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:40 p.m. EDT) Bitcoin (CRYPTO: BTC) +1.77% $80,244.39 Ethereum (CRYPTO: ETH)   ...

Former White House national security adviser John Bolton said Sunday that the United States "hasn't finished the job" in Iran, arguing that President Donald Trump still has military and political leverage more than two months after the conflict began. Bolton Says Trump Has More Leverage "Well, it's...