The Iranian military said major oil producer Iraq is exempt from shipping restrictions in the Strait of Hormuz, a potentially significant move for global crude supplies. “Brotherly Iraq is exempt from any restrictions we have imposed on the Strait of…
The next steps in the US military campaign against Iran will commit nearly its entire inventory of stealthy JASSM-ER cruise missiles, drawing them from stockpiles devoted to other regions. The order to pull the $1.5 million weapon from Pacific stockpiles…
President Donald Trump said Saturday that time was running out on his 10-day deadline for Iran to make a peace deal with the US and threatened that the Islamic Republic would face “all hell” in 48 hours. “Remember when I…
If the U.S.-Israel war on Iran continues into the summer, then airlines will start running out of jet fuel and will be forced to trim flights, according to Ryanair CEO Michael O’Leary. In an interview Thursday with the U.K.’s ITV…
Amazon is slapping a 3.5% fuel and logistics surcharge on third-party sellers using its platform starting later this month amid a spike in fuel prices since the war in Iran started. The temporary charge is effective April 17 for many…
The most closely watched U.S. economic indicators have turned upside down as President Donald Trump’s immigration crackdown sends the labor force into reverse. According to a report from Dallas Fed economists on Tuesday, the breakeven rate of employment growth, or…
A drone maker backed by President Donald Trump’s two oldest sons is trying to sell to Gulf countries while they are under attack by Iran and dependent on the U.S. military led by their father. The sales drive by Florida-based…
China is stepping up its diplomacy on the Iran war, putting forward a five-point proposal with Pakistan, rallying support from Gulf countries and opposing a United Nations proposal to use any force necessary to open the Strait of Hormuz. It is China’s…
When FIFA awarded the 2026 World Cup to North America, the pitch was irresistible. The U.S. was set to benefit from its broad offering of existing football mega-stadiums that could be adapted for soccer, a growing domestic fan base, and…
Artificial intelligence now dominates the investment conversation. It is front and center in headlines, company narratives, and — most visibly — in capital flows. In 2025, AI and machine-learning deals accounted for nearly two-thirds of all U.S. venture capital dollars — up…