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The president campaigned on lowering prices for Americans. That pledge has come under fire this week as the Iran war pushes up the cost of gasoline.
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Oil futures traded at their highest levels since the summer of 2024 on Friday as the war against Iran entered a seventh day with no sign of it ending anytime soon.
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Sri Lanka takes control of an Iranian vessel off its coast after US sank an Iranian warship AP NewsWhy Torpedoed Iranian Warship Is a Problem for India The New York TimesSri Lanka moving 208 rescued Iranian ship crew to naval camp, sources say ReutersUS Submarine Strike in the Indian Ocean Raises Risks for Asia Bloomberg.com
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The U.S.-Israeli strikes on Iran over the weekend gave way to a week with topsy-turvy markets, spiking mortgage rates and higher prices at the pump.
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Gas producer says it will take ‘weeks to months' to restore deliveries after Iranian drone strike
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Republicans confront the massive cost of Trump's Middle East war PoliticoIran mission takes toll on US munition stockpile, lawmakers weigh supplemental defense funding Breaking Defense‘We're in it': Democrats won't rule out giving Trump more money for Middle East war POLITICO ProReport: Pentagon Pushes For Funding To Support Iran Operations, Replenish Munitions i24NEWS
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Dow futures fall as index heads for worst week since October: Live updates CNBCStock Market News, March 5, 2026: Dow Drops 1.6%, Oil Pushes Above $80 WSJDow tumbles nearly 800 points and oil surges as Iran conflict spills beyond the Middle East CNNStocks drop after oil spikes to its highest price since the summer of 2024 AP NewsStock Markets Have Been Fueled by Iran Fears. Why
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Debt markets head for worst week in more than a year after energy price surge sparks inflation fears
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Qatar energy minister warns war will force Gulf to halt energy exports within weeks, FT says ReutersQatar warns war will force Gulf to stop energy exports ‘within days' Financial TimesTrump's Iran conflict cuts the world off from a crucial energy source The Washington PostIndian gas firms restrict local supplies due to Middle East crisis Reuters
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The UAE is considering freezing billions of dollars of Iranian assets held in the Gulf state, potentially severing one of Tehran's most critical economic lifelines.
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Trump says Iran is looking for a deal to end the war
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Sri Lanka Is Caught in the Middle as Second Iranian Vessel Seeks Safe Haven The New York TimesWhy Torpedoed Iranian Warship Is a Problem for India The New York TimesUS Submarine Strike in the Indian Ocean Raises Risks for Asia BloombergIran's warship was torpedoed 2,000 miles from its shores. Was it a legitimate target? CNN
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Travelers who are far from falling missiles, drone attacks and other geopolitical flashpoints aren't immune to ripple effects.
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Region produces 10% of global output, enough to threaten ‘repricing across base metals' if outages continue
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