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Oil plunges 10% as Trump warns to hit Iran 'twenty times harder' if it blockades Strait of Hormuz CNBCTrump says it's an ‘honor' to keep Strait of Hormuz open for China and other countries Fox NewsTrump says "the war is very complete," and he's considering taking over Strait of Hormuz CBS News
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Oil prices sink, stocks jump in dramatic reversal NBC NewsTracking gas and oil prices as war with Iran escalates CNNThe 24 Hours When Oil Markets Went Wild WSJOil plunges 10% on Trump's Iran comments, but the chaos could continue Business InsiderFears of 1970s-style stagflation arise with oil spike to $100. How big a threat is it? CNBC
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China exports sharply beat expectations in the first two months as trade surplus surges to highest on record CNBCChinese Exports Soared 22% Before Middle East War Broke Out Bloomberg.comChina's exports turbocharge into 2026 after record-breaking year ReutersChina's exports surge in Jan-Feb despite waning trade with the US The Seattle Times
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Oil tumbles as president seeks to calm market but gives conflicting signals on plans to end conflict
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Anthropic Sues Pentagon Over ‘Supply Chain Risk' Label The New York TimesAnthropic sues Pentagon over national security risk label The Washington PostHow AI Is Turbocharging the War in Iran WSJAnthropic sues Trump administration to undo US ‘supply chain risk' tag Al Jazeera
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President Trump insists the conflict will be brief, but world leaders are preparing for severe economic blowback.
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Oil Prices Are Barreling Toward All-Time Highs WSJOil Prices Spike to Over $110 a Barrel, Highest Since Pandemic The New York TimesHow the Iran war and surging oil prices are affecting consumers at the gas pump and beyond AP NewsTracking gas and oil prices as war with Iran escalates CNNOil Is Already Near a Price That Hurts the Economy WSJ
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Markets suggest the ramifications are likely to drag on and spread
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President Donald Trump said the U.S. is waiving oil-related sanctions on certain countries in an effort to ease crude prices, as he estimated the war with Iran would end "very soon."
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Live Updates: As U.S.-Israeli war with Iran intensifies, Trump says it is "very far ahead of schedule" CBS NewsTrump says Iran 'war is very complete,' talks to Putin: Reports CNBCAfter Global Economy Shudders, Trump Zigzags on Whether War Will End Soon The New York TimesIran war updates: Trump says war is 'very complete' as gas prices soar USA Today
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The yield on the 2-year Treasury note had been rising Monday on inflation fears after oil prices surged.
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‘We've got to pay attention': GOP anxiety spikes over rising energy prices PoliticoDemocrats Seize on Oil Price Surge, as Trump Downplays It The New York TimesGOP Whip Tom Emmer predicts oil prices will drop after Iran war CNBC'This isn't America First': Rep. Thomas Massie blames Trump as gas prices soar amid US-Iran conflict whas11.com
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Last month, the Federal Trade Commission warned that it has seen a "big wave" of phone scams in which fraudsters claim to be from the IRS.
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