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Putting a stop to Iranian shipping will further add to Iran’s economic pain, analysts said, but it might not be enough to force concessions or lessen the global energy crunch.

Higher inflation is leading companies to raise prices without sacrificing margins.

The Treasury secretary said it is “difficult to deconstruct” the reasons for global warming, which he described as a belief of the “elite.”

The conflict could also fuel another bout of inflation, according to the International Monetary Fund.

President Trump is trying to choke off the country’s lifeline with a blockade of the Strait of Hormuz. But the Iranians are betting that his tolerance for political pain is limited.

As the nation contended with high inflation, high unemployment and unrest before the war, it became more than just an oil exporter.

Europe is finding itself on the outs with Russia, China and the U.S., in what’s amounting to its very own “Mean Girls” moment.

A New York Times report that the president was accepting a donation of foreign steel for the ballroom was seized on by Democrats.

Soaring energy costs led to the biggest monthly increase in the Consumer Price Index since the peak of the post-pandemic inflation crisis in June 2022.

The cost at the pump made its biggest monthly percentage increase in decades amid lingering tensions over the war in Iran.