3 Ships Hit Along Vital Oil Route; Countries Move to Release Reserves

The Strait of Hormuz, a conduit for a fifth of the world’s oil, is all but closed as fighting in the Middle East expands.

The War With Iran Changed the World in a Week

How Trump and His Advisers Miscalculated Iran’s Response to War

In the lead-up to the U.S.-Israeli attack, President Trump downplayed the risks to the energy markets as a short-term concern that should not overshadow the mission.

At Least 17 U.S. Sites Damaged in War With Iran, Analysis Shows

A Times analysis of satellite imagery and verified videos shows damage to more than a dozen American military sites and installations.

Trump Directs War With the Markets Top of Mind

U.S. Inflation Had Steadied Before War With Iran

Consumer prices stayed subdued in February. Since then, the war with Iran has rekindled concerns about price pressures.