Oil prices rise, gas prices drop slightly
The cost of gas is down about two cents from Monday, May 25.
Iran
Iran condemns US strikes as a show of ‘bad faith’ and warns of consequences
Iran on Tuesday denounced U.S. strikes a day earlier as a sign of “bad faith and unreliability” as negotiations continue toward a possible deal to end the war.
Trump says not to rush as details emerge of a potential Iran deal
The United States is close to reaching a deal with Iran that would end the war, reopen the Strait of Hormuz and see Iran give up its stockpile of highly enriched uranium, regional officials told The Associated Press on Sunday, though U.S. President Donald Trump said he told representatives “not to rush into a deal.”
Consumer sentiment hits all time low
Not even during past wars, the 911 aftermath, the Great Recession, and the COVID pandemic have Americans felt this negative about the U.S. economy.
In Iran’s capital, weapons demonstrations send a signal at home and abroad as threat of war remains
Iranian Revolutionary Guard members now regularly show the public in Tehran how to handle Kalashnikov-style assault rifles.
U.S. Treasury yield highest since 2007
The 30-year U.S. Treasury yield has hit its highest level in 19 years.
Trump’s tough-talk foreign policy is hitting a wall with Iran as it grips Strait of Hormuz
President Donald Trump has considered himself an effective dealmaker above all else, but he appears to have hit a wall with Iran as his tough talk, threats and even military action have not moved Tehran from its long-established positions.
Iran’s top diplomat says a lack of trust is impeding talks to end war with the US
Iran ’s foreign minister said a lack of trust is the biggest obstacle in negotiations to end the war with the U.S., saying Friday that Tehran would be open to diplomatic help, particularly from China, to help ease tensions.
Iran conflict continues to drive up prices at the pump
The conflict with Iran continues to drive up prices at the pump.
Tensions flare near Strait of Hormuz as a ship is seized and another is sunk
A ship anchored off the United Arab Emirates was seized and taken toward Iran and another — a cargo ship near Oman — sank after being attacked, authorities said Thursday, as tensions escalated near the Strait of Hormuz.
