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Trump, Iran are locked in high-stakes standoff as oil prices hit 4-year high The Washington PostOil Prices Hit a New Wartime High as Iran Standoff Shows No End in Sight The New York TimesLive Updates: Iran war pushes oil prices to 4-year high as Hegseth set to face fresh round of questioning CBS NewsLive updates: US gas jumps to highest price in 6 weeks, as Trump mulls extended blockade of Iranian ports CNN
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Despite Trump's warning that oil backing up inside Iran would cause pipelines to "explode from within," analysts say Iran still has plenty of unused storage capacity.
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Powell Says He Will Stay On as Fed Governor After Term as Chair Ends The New York TimesFed holds rates steady but with highest level of dissent since 1992 CNBCPowell says he'll remain on U.S. Federal Reserve board, denying Trump a chance to name his own appointee CBCFed officials poised to dissent on rates with Warsh on verge of getting chair PoliticoPowell to remain as Fed governor, denying Trump a key vacancy
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Brent crude hits 4-year high, soaring past $126, as U.S. military to reportedly brief Trump on action against Iran CNBCUS-Iran Standoff Shows No Sign of Easing as Trump Backs Blockade Bloomberg.comLive updates: Putin warns Trump of ‘dire consequences' in Iran NewsNationExclusive: Trump rejects Iran's offer, says blockade stays until nuclear d
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