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Fuel costs last exceeded $4 a gallon in 2022, AAA data showed.
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The president wants a negotiation, but the Iranians say they are refusing until a cease-fire is declared. And while Marines and the 82nd Airborne Division offer new leverage, the risks escalate quickly.
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Asia-Pacific markets largely fell on Tuesday as investors assesed Mideast conflict and volatile crude oil prices.
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U.S. gas prices have jumped past an average of $4 a gallon for the first time since 2022 as fuel prices continue to soar worldwide amid the Iran war
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A crop of emerging defense companies in Europe are fielding increasing interest from Middle East militaries as conflict continues in the region.
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Regional shares were choppy on Tuesday morning.
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Report suggests U.S. Defense Secretary Pete Hegseth looked to make a major defense investment in the lead up to the Iran war.
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After decades of prioritizing domestic over military spending, the continent's leaders are trying to pivot. That is straining national budgets and could anger voters.
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Trump has threatened to destroy Iran's oil wells, its export hub of Kharg Island, and power plants if a peace deal is not reached "shortly."
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It has been more than a week since President Donald Trump announced the U.S. was in conversation with Iran. But Tehran denies negotiations are taking place .
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Donald Trump warned the U.S. will completely obliterate all of Iran's electric generating plants, oil wells and Kharg Island if a peace deal is not reached.
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President Trump suggested that Iran's current leaders were "much more reasonable" as he sought to show progress in his war aims. Despite a month of U.S.-Israeli attacks, Iran's government, led by clerics and the Revolutionary Guards, appears firmly in control.
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