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strait of hormuz

Trump says US to leave Iran 'very soon,' deal or not

Trump says US to leave Iran 'very soon,' deal or not

President Donald Trump said Tuesday that US forces would end operations in Iran "very soon," evoking a timeline of two to three weeks as his administration pursues talks with Iranian authorities while continuing its aerial campaign. Asked during a White House event about the impact of high fuel

US stocks surge on hopes Iran war will end soon

US stocks surge on hopes Iran war will end soon

Wall Street stocks rocketed higher Tuesday while oil prices retreated after Iran's president said his country had the "necessary will" to end the war with the United States and Israel, lifting hopes that a resolution was in site. President Masoud Pezeshkian, in a phone call with

U.S. officials question NATO's value as Iran conflict continues

(The Center Square) – President Donald Trump and key cabinet members escalated criticism on Tuesday toward U.S. allies for their reluctance to support the joint U.S.-Israeli military campaign against Iran. As the U.S. and Israel continue attacks against Iran, Trump is hammering American allies for their reluctance

U.S. gas prices hit more than $4 per gallon; Stocks surge on reports on potential end of Iran war

U.S. gas prices hit more than $4 per gallon; Stocks surge on reports on potential end of Iran war

U.S. gasoline prices have surpassed $4 per gallon as the U.S./Israel war with Iran pushes up oil prices. The average national gas price was $4.02 ($4.018) per gallon on Tuesday (March 31), according to AAA’s Fuel Gauge Report. It’s the first time since

Israel weathers energy shock from Iran war even as world battles crisis

Israel weathers energy shock from Iran war even as world battles crisis

Iran's chokehold on the Strait of Hormuz has thrown the global economic system into turmoil, yet Israel, which launched attacks on Tehran alongside the United States, has emerged as a rare exception. Since Israel and its US ally started the Middle East war on February 28, economies from

Gas prices top $4 for the first time in four years due to Iran conflict

(The Center Square) – Gas prices topped $4 nationally on Tuesday, March 31, according to fuel price trackers Gas Buddy and the AAA motor club. “Gasoline and diesel prices continue to climb to multi-year highs as the effective closure of the Strait of Hormuz curtails the flow of millions of

Indonesia rations fuel as prices soar over Mideast war

Indonesia rations fuel as prices soar over Mideast war

Indonesia on Tuesday announced fuel rations and mandated work from home for civil servants, as it seeks to conserve energy stocks amid global price hikes due to the Middle East war. "To ensure fuel distribution, the government will regulate purchases... with a reasonable limit of 50 litres per vehicle&