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Live updates: Israel vows to ‘escalate' strikes on Iran CNNGlobal markets recoil as Rubio warns war in Iran could stretch for weeks Financial TimesUS diplomat Marco Rubio denounces settler violence, tolls in Hormuz strait Al JazeeraIran War Live Updates: Rubio Says Fighting Will Be Over Within Weeks as Israel Strikes Iranian Nuclear Sites The New York Times
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Oil prices strengthened Friday, leading U.S. benchmark crude to turn higher for the week, as President Trump's latest pause on striking Iran's energy infrastructure did little to calm nerves over tightening global supplies.
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After a strong year on Wall Street fueled by market turmoil from President Donald Trump's tariff changes, the average bonus last year was three times the typical American household's income.
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Dow tumbles almost 800 points and enters correction, S&P 500 posts fifth straight losing week: Live updates CNBCStocks sink, Wall Street's 'fear gauge' spikes as Iran war continues USA TodayDow closes in correction, S&P logs longest weekly losing streak in four years and oil settles at Iran-war highs CNNFinancial markets fall to new 2026 low as oil rises again The Washington Post
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The announcement comes as the Iran war disrupts global oil and gas supplies, making the U.S.' development of its LNG resources more urgent.
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