Iran's control of the Strait of Hormuz remains a powerful bargaining chip

Despite efforts by U.S. negotiators, Iran says it wants to charge a toll for ships to pass through the Strait of Hormuz. It's yet another unresolved issue of the U.S.-Iran war.

Big Oil heads for biggest profits in years as Trump pushes for lower gas prices

President Trump is ramping up pressure on the industry to lower gas prices ahead of November’s midterm elections.

This Republican Has a Wild Idea for Fixing Housing Prices: Let the Market Actually Work

Americans hit the road in record numbers for 4th of July — in spite of high gas prices

National average for regular gasoline has fallen from a June peak above $4.56 a gallon as crude oil prices eased following the end of Iran conflict.

Bessent on Trump accounts, gas prices and wage growth

Treasury Secretary Scott Bessent spoke exclusively with Kelly O'Grady about Trump accounts, which officially launch on Saturday, as well as when gas prices could lower to pre-Iran war levels and wage growth for Americans.

Lakers’ trade for Walker Kessler worth steep price — and needed to happen

In light of the Lakers’ 35-minute free-agency splurge Wednesday morning, which netted them Quentin Grimes, Sandro Mamukelashvili and Collin Sexton, and the dissection of each of those agreements, what can’t be overlooked is how the Lakers kicked it all off by filling their biggest need. The Lakers agreed to a blockbuster trade with the Jazz...

The Supreme Court ruled seven years ago. Taxpayers are still paying the price

In June 2019, the U.S. Supreme Court ruled in Tennessee Wine and Spirits Retailers Association v. Thomas that Tennessee’s two-year residency requirement for alcohol retailers was unconstitutional. This marked the first time since the 2005 Granholm v. Heald decision that the Supreme Court directly addressed the relationship between the 21st Amendment and the dormant Commerce […]

Iran and Oman propose fee plan for Strait of Hormuz, sources say

Iran and Oman have presented to the U.S. a proposal for the administration of the Strait of Hormuz that includes the joint collection of administrative fees by the two Middle East nations, four sources told NBC News.