The U.S. military says it shot down four Iranian drones that were launched toward the Strait of Hormuz on Friday and then struck some of the Islamic Republic’s coastal surveillance radar sites in response.

Houston faces a potential spike in gas prices as oil executives warn of disruptions from the Iran conflict impacting global oil supply routes. With tanker deliveries down and U.S. emergency reserves near historic lows, experts predict consumers could soon feel pain at the pump.

The number of Americans filing for jobless aid hit their highest level in four months last week, but layoffs remain historically low despite ongoing economic uncertainty brought on by the war in Iran.

Prolonged disruption of energy supplies from the Middle East that lasts into next year would deal a severe blow to the global economy.

The U.S. military says Iran fired missiles at Kuwait and Bahrain that failed or were shot down, and that the U.S. launched strikes on an Iranian facility in response.

The United States says it has bombed radar and drone sites in Iran after Tehran shot down an American drone over the weekend.

The U.S. military says it stopped another commercial vessel trying to break through the U.S. blockade of Iranian ports.

U.S. President Donald Trump has held a White House Situation Room meeting with his advisers as he ponders moving forward with a deal to extend the Iran ceasefire and reopen the Strait of Hormuz.

U.S. and Iranian negotiators have reached a tentative agreement to extend the ceasefire by 60 days and start a new round of talks on Iran’s nuclear program.

President Donald Trump says a deal with Iran, including opening the Strait of Hormuz, has been “largely negotiated.”.

U.S. Secretary of State Marco Rubio says “slight progress” has been made during talks with Iran.

Fewer Americans filed for jobless aid last week as layoffs remain low despite a number of uncertainties that continue to cloud the economy.

The U.S. military says it boarded an Iranian-flagged commercial oil tanker in the Gulf of Oman that was suspected of trying to violate the American blockade.

Here’s what you should know about the market forces at play and what higher prices mean for oil companies and the state.

President Donald Trump considers himself an effective dealmaker but appears to have hit a wall with Iran.

Oil prices and stock markets worldwide swung with uncertainty about what will happen with the Iran war.

A drone strike has targeted the United Arab Emirates’ sole nuclear power plant.

Iran’s foreign minister says that a lack of trust remains the biggest obstacle in negotiations to end the war with the U.S. Iranian Foreign Minister Abbas Araghchi said contradictory messages from the U.S. have made Iran reluctant about its intentions in the stalled ceasefire negotiations.

The number of Americans filing for jobless aid rose last week but remains historically low despite the economic uncertainty caused by the war in Iran.

Tensions are escalating again near the Strait of Hormuz after a ship anchored off the United Arab Emirates was seized and taken toward Iran and another was attacked and sank near the coast of Oman.

Americans paid more for their groceries in April, but high gas prices were only one of the reasons why.

President Donald Trump is moving to suspend the federal tax on gasoline to help Americans shoulder surging fuel prices caused by the Iran war.

Aramco, the world’s largest oil company, reported a 25% jump in first-quarter profits amid tight global oil supplies.

Iran has sent its response to the latest U_S_ ceasefire proposal via Pakistani mediators, but U_S_ President Donald Trump quickly rejected it as “TOTALLY UNACCEPTABLE!”.

Iran's Revolutionary Guard navy has warned of a “heavy assault” on one of the U.S. bases in the region if Iranian oil tankers or commercial vessels are attacked.

The U.S. military says its forces fired on and disabled two Iranian oil tankers after exchanging fire with Iranian forces in the Strait of Hormuz overnight.

Iran’s grip on the Strait of Hormuz has jolted the world economy.

The U_S_ military says that it intercepted Iranian attacks on three U_S_ Navy ships as they transited the Strait of Hormuz and “targeted Iranian military facilities responsible for attacking U_S_ forces.”.

China's top diplomat says ties with the U.S. remain generally stable despite many challenges.

The price of a gallon of regular gasoline in the U.S. has climbed 31 cents in the past week and is now 52% higher than before the Iran war began.

With hundreds of vessels still stuck in the Persian Gulf and costs piling up, shipping companies are being whipsawed by uncertainty over how and when the Strait of Hormuz might reopen more than two months into the Iran war.

France’s aircraft carrier strike group is moving south of the Suez Canal into the Red Sea.

A U.S. fighter jet on Wednesday fired on an Iranian oil tanker in the Gulf of Oman as it tried to breach the U.S. blockade of Iran’s ports, the U.S. military said.

The U.S. military fired on an Iranian oil tanker as President Donald Trump sought to pressure Tehran into reaching a deal to end the war.

The price of a gallon of regular gasoline climbed 31 cents in the past week, spiking to an average of $4.48 per gallon Tuesday, according to AAA.

The United States and its Gulf allies have proposed a U.N. resolution threatening with sanctions or other measures if it doesn’t halt attacks on ships in the Strait of Hormuz, stop imposing “illegal tolls” and disclose the placement of all mines to allow freedom of navigation.

U.S. forces are guiding commercial ships through the Strait of Hormuz, where hundreds have been stuck since the Iran war began.

The U.S. military says it fired on Iranian forces and sank six small boats as it moved to reopen the Strait of Hormuz.

Seven countries in the OPEC+ grouping of oil-producing countries — including Saudi Arabia and Russia — say they’ve decided to a modest increase in production starting in June as part of a commitment to “market stability.”.

U.S. President Donald Trump has announced “Project Freedom” to help ships leave the Strait of Hormuz, starting on Monday.

U.S. President Donald Trump says that he’s “not satisfied” with Iran’s latest proposal in negotiations to end war between the countries.

Soaring oil prices from the Iran war pushed inflation higher to 3% in Europe in April.

The Bank of England is keeping its main interest rate on hold at 3.75% as policymakers assess the economic impact of the Iran war and Tehran’s effective closure of the Strait of Hormuz, through which a fifth of the world’s crude passes.

Iran has offered to end its chokehold on the Strait of Hormuz without addressing its nuclear program.

Iran's foreign minister has briefly visited Islamabad again as Pakistan's leaders work to restart ceasefire talks between Tehran and Washington.

The Trump administration is sanctioning a major China-based oil refinery and about 40 shipping companies.

U.S. President Donald Trump is sending envoys Steve Witkoff and Jared Kushner to Pakistan on Saturday to continue talks with Iran.

Businesses have doled out up to $4 million to cross boats through the Panama Canal to dodge ongoing chaos in the Strait of Hormuz, which has created a seismic shift in global trade flows.

The U.S. military has seized another tanker associated with the smuggling of Iranian oil.

U.S. President Donald Trump says he has ordered the U.S. military to “shoot and kill” small Iranian boats that deploy mines to choke traffic through the Strait of Hormuz.

Oil prices are rising in early trading as a standoff between Iran and the U.S. prevented tankers from using the Strait of Hormuz.

President Donald Trump says the U.S. seized an Iranian-flagged cargo ship that tried to get around its naval blockade near the Strait of Hormuz.

Iran now says the Strait of Hormuz is fully closed until the end of the U.S. blockade on Iranian ports.

Iran has reversed course on reopening the Strait of Hormuz and fired on a tanker attempting to pass the waterway.

U.S. President Donald Trump and Iran’s foreign minister say the Strait of Hormuz is now fully open to commercial vessels.

Oil prices dropped back to where they were in the early days of the Iran war, and U.S. stocks raced to another record.

The U.S. military has widened its efforts beyond the blockade of Iran’s ports.

The head of the International Energy Agency has warned that Europe has about six weeks of jet fuel left.

Shares are mixed in Asia, echoing a rally on Wall Street driven by hopes United States and Iran may resume talks to end their war.

U.S. stocks rallied to the edge of their all-time high, and crude oil prices eased as hopes climbed that the United States and Iran may try again on talks to end their war.

President Donald Trump says the U.S. military has begun a blockade of Iranian ports and coastal areas, and Iran responded with threats on ports in the Persian Gulf and the Gulf of Oman.

U.S. stocks rallied and recovered the last of their losses caused so far by the U.S.-Iran war, as hope remains on Wall Street that the global economy can still avoid a worst-case scenario.

Oil prices are rising in early market trading after the U.S. said it would blockade Iranian ports beginning Monday.

President Donald Trump said the U.S. Navy will swiftly begin a blockade of ships entering or leaving the Strait of Hormuz after U.S.-Iran ceasefire talks in Pakistan ended without an agreement.

U.S. Vice President JD Vance says negotiations between the United States and Iran ended without a peace deal after the Iranians refused to accept American terms to not develop a nuclear weapon.

With a fragile ceasefire agreement between the U.S. and Iran holding for now, China is considering its role in helping find a durable endgame to the war in the Middle East.

The largest monthly jump in gas prices in six decades caused a sharp spike in inflation in March, creating major challenges for the inflation-fighters at the Federal Reserve and heightening the political challenges of rising costs for the White House.

Israeli Prime Minister Benjamin Netanyahu says he has authorized direct negotiations with Lebanon aimed at disarming Iranian-backed Hezbollah militants and establishing relations between the neighbors.

A ceasefire deal between the United States and Iran appears to be in jeopardy.

President Donald Trump repeated his complaint about NATO after a private meeting with the alliance's Secretary-General Mark Rutte on Wednesday.

Oil prices plunged below $95 per barrel, and stock markets surged worldwide after President Donald Trump pulled back from his threat of devastating attacks against Iran.

Russia and China have vetoed a U.N. Security Council resolution aimed at reopening the Strait of Hormuz.

Iran’s Supreme National Security Council says it has accepted a two-week ceasefire in the war.

U.S. President Donald Trump pulls back on his threats to launch devastating strikes on Iran, swerving to deescalate the war less than two hours before the deadline he set for Tehran to capitulate.

President Donald Trump is suspending his threatened attack against Iran less than two hours before the deadline the president set for Tehran.

Oil prices plunged below $100 a barrel and Asia markets and U.S. stock futures jumped after the U.S. and Iran agreed to a two-week ceasefire that includes the reopening of the Strait of Hormuz.

Small changes in your habits—and your vehicle—can make a noticeable difference in how much you spend.

U.S. President Donald Trump repeated his threat to hit Iran’s critical infrastructure hard if the country’s government doesn’t reopen the Strait of Hormuz by his Monday deadline.

U_S_ President Donald Trump has again warned Tehran over his Monday deadline to open the crucial Strait of Hormuz and allow ship traffic to flow again, and Iran has responded by threatening to open “the gates of hell.”.

U.S. President Donald Trump has threatened Iran over his Monday deadline to reopen the crucial Strait of Hormuz so ship traffic can flow again.

China is stepping up its diplomacy as the Iran war drags on.

Britain has accused Iran of holding the global economy hostage as diplomats from over 40 countries discuss reopening the Strait of Hormuz.

U.S. President Donald Trump says he’s strongly considering pulling the United States out of NATO, yet he failed to mention the alliance in his speech to the American public about the Iran war.

U.S. President Donald Trump’s prime-time address at 9 p.m. EDT offers an update on the progress made toward achieving his goals in the war with Iran, which are to destroy the country’s missile production and Navy, ensure its proxies can no longer destabilize the region and guarantee Iran does not obtain a nuclear weapon.

President Donald Trump is threatening to deploy ground troops to seize critical oil infrastructure on Iran’s Kharg Island.

U.S. President Donald Trump has threatened to target Iran’s energy infrastructure, including its desalination plants.

Saudi Arabia, the United Arab Emirates and other Gulf allies of the United States are urging President Donald Trump to keep prosecuting his war against Iran, saying the month of strikes has not weakened Tehran enough.

Ukrainian President Volodymyr Zelenskyy has made unannounced visits to the United Arab Emirates and Qatar as Kyiv seeks to use its drone expertise to help Gulf Arab states blunt Iran’s attacks while the war in the Middle East rages on.

Deep divisions were apparent over the Iran war as top diplomats from the Group of Seven countries have met in France.

President Donald Trump has delayed a threatened U.S. strike on Iran’s energy infrastructure and extended a deadline for reopening the Strait of Hormuz until April 6.

Iran dismissed an American plan to pause the war in the Middle East and launched more attacks on Israel and Gulf Arab countries.

President Donald Trump started the fourth week of his war against Iran by offering the world some guarded optimism that the U.S. could soon be winding down its military operations.

President Donald Trump is cycling through what seems to be an increasingly desperate list of options as he searches for a solution to the crisis in the Strait of Hormuz.

President Donald Trump has warned that the U.S. will “obliterate” Iran’s power plants if it doesn’t fully open the Strait of Hormuz within 48 hours, prompting Tehran to say it would respond to any such strike with attacks on U.S. and Israeli energy and infrastructure assets.

President Donald Trump on Saturday says the U.S. will “obliterate” Iranian power plants if it doesn’t fully open the Strait of Hormuz within 48 hours.

The U.S. military is deploying three more warships and roughly 2,500 more marines to the Middle East as Iran fires on Israel and energy sites in neighboring Gulf Arab states, sending oil and gas prices soaring.

The Iran war is exposing how much the global economy still depends on fragile fossil fuel supplies.

President Donald Trump says he knew oil prices would go up because of the Iran war as the conflict underscores the risks of his relentless focus on fossil fuels while pursuing what he calls American energy dominance.

European leaders have demanded the reopening of the Strait of Hormuz and a moratorium on strikes on water and energy infrastructure in the Middle East as they met in Brussels to grapple with rising energy prices caused by the war.

The U.S. and Israel’s war with Iran has thrust the Strait of Hormuz into the crosshairs of yet another geopolitical conflict.