Defiant Iran accuses US of ‘piracy’ in Strait of Hormuz, taunts Trump over gas prices
Iran's armed forces claimed Trump's threat to block Iranian ports and restrict vessels in international waters from 10 a.m. ET was illegal.

President Donald Trump said Sunday that soaring gas prices could go “a little bit higher” before the midterm elections, signaling the Republican Party faces an uphill battle on economic messaging ahead of November. Trump predicted that in the long term, energy costs will come down significantly when the United States finishes its war on Iran.…
Iran's armed forces claimed Trump's threat to block Iranian ports and restrict vessels in international waters from 10 a.m. ET was illegal.
“Sunday Morning Futures” host Maria Bartiromo appeared stunned Sunday when President Donald Trump said gas prices might increase. Trump announced a naval blockade of the Strait of…
Oil prices jumped over 7% to well over $100 per barrel when markets opened Sunday evening.Why it matters: The latest surge shows that traders don't see last week's ceasefire deal reviving large-scale tanker transit through the Strait of Hormuz — and it undoes a large amount of the price drop that followed the pause in hostilities.Continued high prices will…
Iranian parliament speaker Mohammad Bagher Qalibaf said Americans would soon be "nostalgic for $4-$5 gas" after President Trump announced a blockade of the Strait of Hormuz on Sunday. Taurean Small reports on the pain at the pump currently being felt across the United States.