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The U.S. strikes on Kharg Island and Trump's threat to hit Iran's oil infrastructure mark a major escalation in the war, according to JPMorgan.
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The remarks came as Treasury Secretary Scott Bessent met his Chinese counterpart He Lifeng in Paris, paving the way for the summit scheduled for late March.
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Iranian state media's coverage of the war includes inflations of enemy casualties and digital manipulation intended to glorify Iran.
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All the top moments from the 98th Academy Awards, airing live from the Dolby Theatre in Los Angeles.
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Asia-Pacific markets fell as investors continued to monitor elevated oil prices and the latest developments in the escalating U.S.-Iran conflict.
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Energy Secretary Chris Wright said the Strait of Hormuz, a critical passageway for oil shipments, remained unsafe for tankers. Iran has been firing projectiles and laying mines.
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Hollywood's biggest stars turn on the style as they walk the red carpet for the glittering ceremony.
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Wright said gas prices should come down soon, but there is no guarantee.
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We find out how the award-winning, demon-busting crooners have cast a spell world over.
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Six members of a Palestinian family went out for a ride in the car. Only two made it back home.
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The leaders discussed the need to "end the disruption to global shipping", No 10 says.
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President Trump has urged China, Britain, France, Japan and South Korea to send warships to help reopen the waterway, even though they were not involved in the U.S.-Israeli attack on Iran.
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Jordan thanked his family and fellow actors in his Oscars speech.
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The rare but not unprecedented tie saw The Singers and Two People Exchanging Saliva both win for best short live action film.
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"One Battle After Another" defies Trumpian taboos.
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Beijing tamped down its GDP growth target this year to a range of 4.5% to 5%, the least ambitious goal on record going back to the early 1990s.
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Ronald Parkin's case prompts calls from his family for the government to regulate the funeral sector.
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The actor has a history with the country's president, Volodymyr Zelensky, and had been skipping awards ceremonies.
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Brackets for the men's and women's NCAA basketball tournaments are set to be revealed. Duke is expected to be the men's top overall seed. The undefeated UConn Huskies will likely lead the women's.
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The comment from Brendan Carr came on the heels of a social media message from President Trump criticizing the news media's coverage of the war with Iran.
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Participants were less likely to become homeless or spend time in hospital or prison, researchers say.
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The winning actors, directors, pictures and more at the 98th annual Academy Awards.
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The patient watchdog warns of two-tier service as polling shows numbers paying for care is on the rise.
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After wins for Celtic and Rangers and a defeat for leaders Hearts, what next in the captivating Scottish Premiership title race?
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The Israeli military said it killed the brother of Ayman Mohamad Ghazali in an airstrike in Lebanon a week before the attack on the synagogue.
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Global oil prices have soared as one-fifth of the world's supply normally transits the strait.
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Pope Leo XIV called on leaders in the Iran war to reopen talks.
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U.S. allies and rivals responded cautiously after President Donald Trump said they should police the Strait of Hormuz, as Iranian threats to strike shipping on the vital trade route continue to cause chaos in global markets."Many countries, especially those who are affected by Iran's attempted closure of the Hormuz Strait, will be sending War Ships" to secure the shipping route, he posted Saturday on Truth Social, listing China, France, Japan, South Korea, the U.K. and "others" among t
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Israel announced a barrage of new strikes on western Iran on Sunday, while Iran's foreign minister says the country has not asked for a ceasefire as President Trump had claimed.
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Beijing and Moscow look to one another for energy and economic security amid geopolitical turbulence
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