Trump's Iran Blockade Plan Sends Global Oil Prices Higher
U.S. West Texas Intermediate crude rose above $80 per barrel, while Brent crude climbed past $87 after extending gains from the previous session.
Breaking News
Gulf States Accelerate Oil Export Alternatives To Strait Of Hormuz
Saudi Arabia is diverting around four million barrels of crude per day through its East-West pipeline to the Red Sea, while the United Arab Emirates is reportedly planning a new port
What Happened During The Third Day Of US Strikes On Iran
The U.S. military said its latest five-hour operation targeted sites in Bushehr and Bandar Abbas to weaken Iran's ability to attack commercial shipping.
Trump Urges Senate To Pass Crypto Bill Honoring Lindsey Graham
According to the report, banking groups oppose the measure, warning it could divert deposits away from traditional financial institutions.
Meta Expands Louisiana Data Center To $50 Billion Project
According to the report, the facility will become the company's largest data center project, significantly larger than the original 2-gigawatt plan valued at $27 billion.
Trump Announces National Address As Iran Crisis Deepens
Trump made the announcement on Truth Social as tensions with Iran continue to dominate the administration's foreign policy agenda.
Dangerous Heat Wave Expands Across Much Of The United States
Forecasters warned that temperatures could remain 15 to 25 degrees above seasonal averages through next weekend.
Appeals Court Revives Tylenol Autism Lawsuits
According to the report, there is no firm scientific evidence establishing a causal link between acetaminophen and autism.
SpaceX Wins FAA Approval For Starship Launch
The report said the previous test successfully reached space and deployed its payload before the booster lost control and fell into the Gulf of Mexico.
Trump Announces Hormuz Blockade, New Cargo Charge
According to the report, the proposed blockade would apply to vessels entering or leaving Iranian ports, while commercial traffic from other nations would continue to have access to the strategic waterway.
Bosch Begins Sample Production At First U.S. Chip Plant
The report said Bosch acquired the Roseville, California, facility in 2023 and invested about $2 billion to modernize it.
U.S. June Budget Deficit Widens To $120 Billion
The report said the Treasury collected $23.6 billion in customs duties during the month but paid out $49.2 billion in tariff refunds, resulting in a net outflow.
Deadly Toronto Festival Shooting Sparks Security Debate
The report said local business owners and residents are urging city officials and event organizers to strengthen security at future festivals.
Musk, Altman Exchange Barbs After Apple Files OpenAI Lawsuit
Musk fired back by accusing Altman of taking control of an open-source AI organization and alleging that OpenAI had also copied Apple's technology.
'Fat Leonard' Seeks Trump Pardon In Navy Bribery Case
A federal judge previously found that prosecutors withheld evidence, leading the Justice Department to dismiss felony charges against several Navy defendants.
Judge Rebukes Trump Over $10 Billion IRS Lawsuit
Trump's legal team rejected the judge's findings