Global Oil Prices Rise as Fresh U.S. Strikes on Iran Cast Shadow Over Trump's Promised Peace Deal
The fresh strikes from the U.S., and the warning Iran issued in return, have brought renewed instability to the markets.

Plus: Consumer confidence slips on Middle East inflation fears, Ken Paxton ousts John Cornyn in the Texas Senate run-off, and don’t steal miniature cars.
The fresh strikes from the U.S., and the warning Iran issued in return, have brought renewed instability to the markets.
Despite an agreement to end the U.S. war against Iran appearing within reach on Saturday, the negotiations look poised to fail due to one critical “ability” President Donald Trump lacks, and one that former President Ronald Reagan demonstrated decisively during his first term in office, a political analyst and expert warned this week.Trump boasted on…
Donald Trump is preparing to meet several key administration officials at Camp David on Wednesday as Iranian peace talks fall apart.The impromptu presidential retreat will include every Cabinet member, including outgoing Director of National Intelligence Tulsi Gabbard, the New York Post reported Tuesday.Inclement weather could alter the plans at the…
Secretary of State Marco Rubio said on Tuesday that it could take “a few more days” to hammer out the terms of an emerging deal with Iran, dashing hopes for a quick end to the nearly three-month conflict just days after President Trump signaled an agreement was close. “There was some talks going on…
The US president says he believes Iran wants to reach a deal but there is still no agreement on its terms.
Today, Bloomberg Washington correspondent Tyler Kendall live from the White House after Trump's lengthy Cabinet meeting. Then, Eric Weiner, Bloomberg News senior editor for equities Americas and Sarah Hunt, chief market strategist at Alpine Saxon Woods, break down muted market reaction to Iran and the optimism around tech earnings as chip stock continue to…
Negotiations remain in flux, but we’re a long way from ‘Unconditional Surrender.’
Without a deal between Washington and Tehran, the fallout from Hormuz closure could deepen global energy, food and cost-of-living crises.
The United States may have negotiated a deal with the Islamic Republic of Iran to end the war, but the specifics of the deal are, so far, opaque, with much misinformation circulating. This has led some to claim that the Trump administration’s deal is nothing more than a retread of the Obama administration’s 2015 deal…