Explore

Americans weigh in on the Iran war, gas prices and their fears

Americans weigh in on the Iran war, gas prices and their fears

By Tom Polansek, Brad Brooks, Maria Tsvetkova, Rich McKay and Daniel Trotta April 11 (Reuters) - After six weeks of a war with Iran https://www.reuters.com/world/iran/ that has jolted energy https://www.reuters.com/business/energy/european-african-crude-oil-prices-hit-records-supply-disruptions-

Americans give record-low marks to economy, in ominous sign for Republicans

Americans give record-low marks to economy, in ominous sign for Republicans

By Nandita Bose WASHINGTON, April 10 (Reuters) - Americans are souring on the U.S. economy to a degree never before seen, with the stiffest inflation in four years exacerbating the political risk for President Donald Trump, who some administration officials worry has lost focus on affordability

Trump Administration Likely to Extend Russian Oil Waiver Amid Iran Conflict

Trump Administration Likely to Extend Russian Oil Waiver Amid Iran Conflict

President Donald Trump's administration is considering extending a waiver that allows countries to purchase sanctioned Russian oil and petroleum products. This waiver, initially set to expire on April 11, was introduced to stabilize global energy prices during the ongoing U.S.-Israeli conflict with Iran. The waiver could release 100 million barrels of Russian crude, which is nearly a day's worth of global output. Treasury Secretary Scott Bessent discussed the extension with President Trump, and they agreed on its potential benefits. The conflict has led to a spike in oil prices due to the partial closure of the Strait of Hormuz, a critical passage for global oil and gas shipments.

Unsettled and uncertain: What the Iran war means around the world as US and Iran enter talks

Unsettled and uncertain: What the Iran war means around the world as US and Iran enter talks

The long-term fallout of the war in Iran is only beginning to take shape, but this much is clear: The conflict has left the Middle East unsettled, alliances strained and the world facing uncertain shifts in the balance of economic and military power

President Trump Announces Fragile Ceasefire Amid Rising Tensions with Iran and Israel

President Trump Announces Fragile Ceasefire Amid Rising Tensions with Iran and Israel

President Trump has announced a temporary two-week ceasefire agreement involving Iran, Israel, and the United States. This development follows heightened tensions, with President Trump previously threatening Iran with 'annihilation.' Despite the ceasefire, the situation remains volatile as Israel has expanded its attacks on Lebanon, prompting Iran to close the Strait of Hormuz and accuse Israel of violating the ceasefire terms. Israel and the U.S. maintain that the truce does not cover Lebanon. In response, Israeli Prime Minister Benjamin Netanyahu has agreed to separate negotiations with Lebanon's leadership. Vice President JD Vance has traveled to Pakistan to continue peace talks, aiming for a permanent resolution to the conflict.

What the Trump tax breaks giveth, the gasoline pump taketh away

What the Trump tax breaks giveth, the gasoline pump taketh away

By David Lawder WASHINGTON, April 10 (Reuters) - U.S.

Middle East war spotlights Florida's fuel supply vulnerability

Middle East war spotlights Florida's fuel supply vulnerability

By Shariq Khan NEW YORK, April 10 (Reuters) - Florida residents have paid significantly more than the nationwide average for gasoline and diesel in recent weeks as the U.S.-Israeli war with Iran forces the Sunshine State to compete with Europe and Asia for fuel produced in Texas and other U.S.

US consumer inflation expected to have surged in March amid Iran war

US consumer inflation expected to have surged in March amid Iran war

By Lucia Mutikani WASHINGTON, April 10 (Reuters) - U.S. consumer prices likely recorded their biggest increase in nearly four years in March as the war with Iran boosted oil prices and the pass-through from tariffs persisted, which would further diminish hopes for an interest rate cut this year.

US consumer prices surge as expected in March

US consumer prices surge as expected in March

By Lucia Mutikani WASHINGTON, April 10 (Reuters) - U.S. consumer prices increased by the most in nearly four years in March as the war with Iran boosted oil prices and the pass-through from tariffs persisted, further diminishing chances for an interest rate cut this year.

Wall Street mixed and oil prices steady ahead of planned US-Iran ceasefire talks

Wall Street mixed and oil prices steady ahead of planned US-Iran ceasefire talks

Wall Street quietly hovered around yesterday’s levels and oil prices barely budged amid a shaky ceasefire agreement between the U.S. and Iran, which maintained its stranglehold on the Strait of Hormuz

Democrats grow bolder on talk about removing Trump from office after his Iran threats

Democrats grow bolder on talk about removing Trump from office after his Iran threats

Dozens of Democratic lawmakers are saying President Donald Trump should be removed from office after he threatened Iranian civilization would “die” if it didn’t meet his demands

Stocks mostly rise and oil prices hold steady ahead of planned US-Iran talks

Stocks mostly rise and oil prices hold steady ahead of planned US-Iran talks

Stocks are opening mostly higher on Wall Street and oil prices are holding steady amid a shaky ceasefire agreement between the U.S. and Iran