A Weakened Iran Hits Back by Strangling a Vital Waterway for Oil Supplies

The threats to shipping in the Strait of Hormuz, including mines laid by Iran, are complicating President Trump’s calculations about how to end the war.

Hegseth Vows to Reopen Key Strait as U.S. Measures Fail to Calm Oil Fears

Defense Secretary Pete Hegseth said that the U.S. military would stop Iran from choking off the Strait of Hormuz but did not say how. Oil prices remained high even after the Trump administration eased restrictions on Russian shipments.

Facing Energy Crisis and Protests, Cuba Acknowledges Talks With U.S

The outreach by President Miguel Díaz-Canel is widely seen as a last-ditch effort to stay in power as the Trump administration ratchets up pressure.

Consumer Prices Rose in January, Before Iran War Added Price Pressures

The Federal Reserve’s preferred gauge for inflation increased 2.8 percent annually and economists expect another bump in prices in the near-term.