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Iran War Live Updates: Trump Calls Iran's Peace Proposal 'Garbage' as Cease-Fire Hangs in the Balance The New York TimesIran's ‘garbage' peace offering is proof it thinks it has won the war CNNIran accused of ‘weaponizing' Hormuz Strait and ‘blackmailing' Gulf states Al JazeeraTrump says Iran ceasefire is on 'life support' and proposes gas tax pause as strait stays closed AP News
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Despite its long slog in Ukraine and the loss of former allies like Syria, Russia is benefiting from costly energy, a clever narrative and America's own failure to achieve a quick victory.
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The Consumer Price Index rose 3.8% in April from a year earlier as higher energy costs replaced tariffs as the driver of higher prices for Americans.
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Asia Stocks to Gain, Oil Rises on US-Iran Deadlock: Markets Wrap Bloomberg.comAI rally fizzles as Middle East ceasefire goes on 'life support' ReutersCNBC Daily Open: Iran ceasefire on life support, but market volatility is alive and kicking CNBCAsian shares trade mixed after Wall Street rally despite Iran war worries AP News
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Oil prices surpassed $90 a barrel Friday, with American crude settling at $90.90, up 36% from a week ago.
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