Wars

Treasury Secretary Scott Bessent says the U.S. maximum economic pressure campaign on Iran has sent the regime into "crisis," with nearly $500 million in crypto assets seized.

Trump says Energy Secretary Wright is wrong about $3 gas timeline, insisting prices will drop once the Strait of Hormuz oil blockade is resolved.

Trump warns China against supplying weapons to Iran, says Xi Jinping responded with a letter claiming he is not providing arms to the country.

Donald Trump says the U.S.-Iran war is "very close" to an end amid a two-week ceasefire, as U.S. and Iranian negotiators prepare to restart peace talks Thursday.

The U.S. Oil & Gas Association fires back at Rep. Ro Khanna, blaming California's state taxes and regulations for high gas prices, not federal policy.

Charles Cram, a 100-year-old WWII Navy medic, says he witnessed the Iwo Jima flag raising and was later honored at Disneyland's Flag Retreat ceremony.

JetBlue is raising baggage fees by up to $9 for economy passengers, citing surging jet fuel prices linked to the Iran war and global oil shortages.

United Airlines becomes the first major U.S. carrier to cut flights as Iran war fuel prices soar, with CEO Scott Kirby slashing about 5% of capacity.

Goldman Sachs analysis finds the Iran war will boost oil prices, increase inflation and reduce global GDP growth, but is unlikely to lead to a pandemic-style supply chain crisis.

President Donald Trump made light of concerns about rising oil prices, saying his priority is ensuring the "evil" Iranian regime doesn't have nuclear weapons.

Energy Secretary Wright says U.S. Navy may soon escort oil tankers through Strait of Hormuz amid Iran conflict, but military assets focused elsewhere for now.

The United Kingdom Maritime Trade Operations Centre noted a report regarding a cargo ship being struck by a projectile in the Strait of Hormuz.

Oil prices surged to the highest level since 2022 amid Iran war concerns, reaching $115 per barrel before falling more than 8% as supply disruption concerns ease.

Treasury Secretary Scott Bessent said Iran fights on military and economic fronts as the U.S. launches its biggest bombing campaign against Iranian missile launchers and factories.

Treasury Secretary Bessent weighs pressing China on energy deals in Paris talks, seeking a shift from Russian and Iranian oil to U.S. energy amid trade negotiations.

X announced new penalties for creators posting undisclosed AI-generated videos of armed conflicts, including 90-day revenue-sharing suspensions for violations.

Starlink terminals used by Russian forces have been shut down, causing severe communications problems and halting assault operations on the battlefield.