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The United States' plan to blockade Iranian ports and marine traffic starting at 10 a.m. ET Monday has sent oil prices surging, as the countries reignited their tussle over the crucial Strait of Hormuz after peace talks ended without a deal
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Brent crude oil, the international standard, rose $7.04, or 7.4 per cent, to $102.24 US a barrel on Monday. That's up from roughly $70 per barrel before the war in late February. Markets in France, Britain, Germany, Japan, South Korea and more also declined.
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The pontiff's journey to the world's poorest continent will demonstrate his urgent focus on the most vulnerable members of the Church.
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Iran sees American demands as reaching far beyond what it achieved in war. Tehran is gambling that it can withstand further bombardment more than Washington is willing to sustain economic chaos, experts say.
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Top Democratic allies intensified pressure on him to exit the gubernatorial race.
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Rajini Vaidyanathan broadcasts from outside Hungary's parliament as crowds hear about the prime minister's concession.
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