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As renewed fighting with Iran sends oil and gas prices soaring, President Trump has imposed new global tariffs that could push up prices further.
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Oil prices dropped by around 3% on Friday, but remained on track for a weekly jump of 10% as the U.S.-Iran war continued to escalate.
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The Pentagon lowered its official Iran war death toll to 14 from 18, removing four service members killed this month.
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Devastated by cycles of violence and economic crisis, many are giving up on work and their futures as the United States batters Iran again.
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The president has unveiled a complicated system to forge ahead with his trade war, after the Supreme Court stuck down his original levies.
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Saudi Arabia has long said that a condition of normalizing relations with Israel would be a pathway toward Palestinian statehood, a prospect that Israel's current government has rejected.
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;Resize=(620)) U.S. President Donald Trump said on Thursday he would hold ?Iran accountable for any attacks by Yemen's Houthi militants, who ?said this week they ?were imposing a naval blockade on Saudi Arabia.
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The 12 Democratic senators on the Armed Services Committee said Defense Secretary Pete Hegseth's department had not provided "timely and comprehensive" reporting on casualties during the war.
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Only diplomacy will end this war — and Kyiv's backers should seek to kick-start talks while the US is mired in Iran
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The price of Brent crude rose more than 5% on Thursday as the war in the Middle East continues to escalate.
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The recent rebound reflects traders' growing concern about the expanding war, which now extends from the Persian Gulf to the Red Sea.
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Oil prices rose Thursday to their highest level since early June after the latest Iran war escalation threatened severe new disruption to global supplies.
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The president has attended two previous dignified transfers since the war began; this is the first since he declared the ceasefire over.
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