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After surging about 10 percent on Thursday, oil prices had little reaction to the decision by President Trump to waive sanctions on the sale of some Russian crude.
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Stock futures tick higher ahead of key inflation data; traders monitor oil prices and Iran war: Live updates CNBCWall Street contemplates an open-ended conflict: Morning Brief Yahoo FinanceS&P 500 Slumps in Worst Day Since War Began The New York TimesAsian Stocks, Bonds to Echo US Drop as Crude Rises: Markets Wrap Bloomberg.com
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Plus, the Friday news quiz.
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Middle East war live: US to ease Russian oil sanctions as energy prices soar Financial TimesTrump Removes Sanctions on Russia to Help Oil Flow Amid Iran Conflict The New York TimesUS temporarily lifts sanctions on Russian oil at sea as Iran war sees global prices surge The GuardianOil heads for weekly gains despite US sanctions waiver on Russian oil ReutersUS eases Russia oil sanctions as Iran war pushes up energy prices BBC
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Khamenei has not made any public appearances, nor has the Iranian regime released any new images of him, since his appointment as supreme leader earlier this week.
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China may never be able to realize its longtime promise to shift away from an overreliance on exports.
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FBI advisory about unverified Iranian drone tip off California coast sparks White House pushback, with officials calling intelligence aspirational.
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The Senate passed its first major housing bill since the subprime mortgage crisis. Can it actually become law? Yahoo FinanceSenate passes bill aimed at making US housing more accessible and affordable The GuardianSenators to take up Trump's voting bill; bipartisan housing bill passes in Senate NBC NewsHousing affordability bill clears Senate as investor ban creates headaches CNBC
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Dow Jones Futures Rise After Oil Prices Spur Market Sell-Off; Dell, Micron Lead 7 Stocks To Watch Investor's Business DailyS&P 500 Slumps in Worst Day Since War Began The New York TimesDow tumbles more than 700 points as oil jumps, closing at new 2026 low under 47,000: Live updates CNBCTech Giants Hover on Cusp of a Correction as War Heats Up Yahoo Finance
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Iran vows to fight on in first message issued in name of Mojtaba Khamenei The GuardianLive updates: Iran's new supreme leader vows to keep blocking Strait of Hormuz as oil prices spike again NBC NewsTrump says he thinks Iran's new supreme leader is alive but 'damaged' ReutersIran's New Supreme Leader Was Wounded Early in the War, Iranian and Israeli Officials Say The New York Times
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Community activists said the terror threat that emerged Wednesday--alerting to the possibility of an Iranian drone strike--serves as a wake-up call to the country.
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Newsom says no imminent threat to California of possible Iran drone attack; White House rejects reports ABC7 Los AngelesFBI warns Iran aspired to attack California with drones in retaliation for war: Alert abcnews.comIn L.A., They're ‘Low Key' Worried About Iranian Drones WSJ
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