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Consumer Impact

U.S. and Iran Sign Interim Deal to Reopen Strait of Hormuz

Traders cut oil prices on the memorandum as the IEA warns a faster Gulf supply rebound could push the market into surplus by 2027.

Deal to Pause U.S.–Iran Fighting Stalls as Trump Demands Tougher Terms

Strait of Hormuz Stays Largely Closed, Raising Shortage Risk and Straining Aid

US Strikes Cripple Iranian Nuclear Sites, Tehran Eyes Closure of Strait of Hormuz

Israel and Iran Exchange Direct Strikes as Operation Rising Lion Escalates Conflict