Mojtaba Khamenei Vows Revenge as Iran’s Top Diplomat Is in Oman For Talks
Recent clashes between the U.S. and Iran, and a vow by the ayatollah to avenge his father’s death, further eroded a shaky cease-fire signed last month. NYT Top Stories | News…
Oil (Petroleum) and Gasoline
Reopening of Strait of Hormuz Still a Question Mark
Without the details of a formal agreement, it is unclear how soon normal shipping will resume and when oil prices will start to come down. NYT Top Stories | News…
Why the U.A.E. is Quitting OPEC
The United Arab Emirates is walking away from OPEC this May. The New York Times’ energy reporter, Rebecca Elliott, breaks down how the war with Iran provided the perfect opening for the U.A.E. to go solo. NYT Top Stories | News…
Energy Secretary Says Gas Prices May Stay Above $3 Until 2027
Secretary of Energy Chris Wright’s acknowledgment in a TV interview undercut President Trump’s earlier claim that price increases would be “short-term.” NYT Top Stories | News…
Trump’s Portrayal of the War in Iran Collides With Reality
President Trump is confronting a crisis that is not bending to his narrative of a “pretty reasonable” new regime in Iran and all-but-assured victory for the United States. NYT Top Stories | News…
Middle East War Will Slow Global Economic Growth, I.M.F. Warns
The conflict could also fuel another bout of inflation, according to the International Monetary Fund. NYT Top Stories | News…
U.S. Gas Prices Hit $4 a Gallon on Average
A month since the first U.S.-Israeli attacks and Iran’s response effectively shut off Persian Gulf oil, drivers are paying significantly more to fill up. NYT Top Stories | News…
Trump Is Finally Eyeing an Exit From Iran. But Will He Take It?
President Trump says he is considering “winding down” operations in Iran. But many of his original war goals remain unaccomplished. NYT Top Stories | News…
For Trump, a Promised Economic Boom Collides With the Costs of War
President Trump had envisioned a growing economy and improving fortunes for American families in 2026. That appears at risk in his war with Iran. NYT Top Stories | News…
Trump’s War in Iran, and Rising Gas Prices, Collide With Midterm Agenda
The attack on Iran has led to a surge in energy prices at a moment when the cost of living is a major issue heading into the fall elections. NYT Top Stories | News…