President Donald Trump said Sunday that he would like to “take the oil in Iran” and is considering seizing the export hub of Kharg Island, which is responsible for more than 90% of Iran’s oil exports. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. In an interview with
Global oil prices continued their recent climb and the S&P 500 closed lower Monday after a weekend when Iran-backed Houthi militants launched ballistic missiles at Israel and 3,500 additional U.S. troops arrived in the Middle East. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The conflict between Iran,
Surging oil prices continue to ripple through the global economy because of the war with Iran. Now, some analysts say the worst could still be ahead as the conflict drags on. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The concern is that beyond immediate knock-on effects from
The average price of a gallon of gasoline hit $4 Tuesday for the first time since mid-2022, as the cost of oil surges due to the Iran war. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. In the month since the United States and Israel attacked Iran, the
American flyers still smarting from interminable airport security lines are about to get another shock. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. A looming global jet fuel shortage is expected to hike the cost of air travel and reduce flight schedules, as airlines look to offset rising
President Donald Trump is used to bending financial markets to his will. But with the war in Iran, he may have reached the limit of his ability to do so. On Friday, the S&P 500 closed down 1.7% and notched its fifth-straight weekly decline, its worst stretch since 2022 and a sign of rapidly faltering
WASHINGTON — House Republicans voted Friday evening to pass a short-term funding bill for the Department of Homeland Security that has no viable path in the Senate and is likely to extend the shutdown stalemate on Capitol Hill. The vote of 213-203 came after Speaker Mike Johnson, R-La., rejected the Senate-passed bill, which would fund
Todd and Janet Gatewood launched their Nashville-based radio show “God, Freedom and Bitcoin” in January, blending their passion for cryptocurrency with their strong faith. Then the market crashed. At roughly $69,000 on Thursday, the price of the cryptocurrency is down by 45%, struggling to recover and nowhere near the $126,000 high it reached in October.
Travelers frustrated by long security lines may not see immediate relief, even as Transportation Security Administration officers begin receiving pay again on Monday after working without wages for more than a month during the partial government shutdown. President Donald Trump signed an executive order Thursday directing federal officials to ensure that TSA workers are paid
President Donald Trump is used to bending financial markets to his will. But with the war in Iran, he may have reached the limit of his ability to do so. On Friday, the S&P 500 closed down 1.7% and notched its fifth-straight weekly decline, its worst stretch since 2022 and a sign of rapidly faltering