Tom Howell Jr.

Global energy coalition to release 400M barrels of oil to deal with shocks from Hormuz blockade

The International Energy Agency said Wednesday that member countries will release 400 million barrels of oil to alleviate price pressures from the war in Iran.

March 11, 2026

Inflation holds steady, with prices rising 2.4% on an annual basis in February

Consumer prices grew at an annual pace of 2.4% in February, meaning inflation is holding steady.

March 11, 2026

White House predicts gas prices will come down rapidly following the Iran war

The White House said Tuesday that gas prices will drop swiftly once President Trump achieves his war aims in Iran.

March 10, 2026

War in Iran would be ‘catastrophic’ for oil market, Saudi Arabia’s Aramco warns

The CEO of a major Saudi oil exporter said Tuesday the conflict in Iran could have "catastrophic consequences" for energy markets, as President Trump and Tehran officials engaged in a war of words over the Strait of Hormuz choke point.

March 10, 2026

Trump says other nations have Tomahawk missiles after strike hits school, kills more than 160 people

President Trump on Monday said other countries might have been responsible for firing a Tomahawk missile that hit an Iranian school on the first day of U.S.-Israeli strikes on the Islamic republic.

March 9, 2026

Markets rebound after Trump suggests war with Iran is nearing completion

The Group of Seven said Monday it would tap strategic oil reserves if necessary after oil prices surged above $100 per barrel, heaping pressure on President Trump to address the economic fallout from his war with Iran.

March 9, 2026

Australia grants asylum to five Iranian women soccer players over concerns for safety

Australia said Monday it is granting asylum to five members of the Iranian women's soccer team, responding to concerns the players would be harmed if they returned to their home country.

March 9, 2026

Trump: High oil prices, surging to over $100 a barrel, are ‘small price to pay’ amid Iran war

President Trump says surging oil prices are a short-term problem and a worthwhile sacrifice as the war in Iran causes supply concerns in energy markets.

March 9, 2026

Trump administration unveils $20B reinsurance program to help maritime traffic in Middle East

The Trump administration is rolling out a $20 billion reinsurance program for ships that are worried about incurring losses due to the U.S.-Israeli on Iran and retaliatory strikes against oil-rich Gulf states.

March 6, 2026

Gas hits highest average price since fall 2024; Trump says he’s not worried

Gas prices hit $3.32 per gallon on Friday, the highest point since September 2024, as the Iran war boosts energy costs and threatens to undermine one of President Trump's favorite economic talking points.

March 6, 2026

CBP says it’s struggling to issue tariff refunds fast, proposes a new system

U.S. Customs and Border Protection says it's facing complications complying with a court order to quickly issue refunds for tariffs canceled by the Supreme Court.

March 6, 2026

U.S. sees unexpected loss of 92,000 jobs in February; unemployment rate rises to 4.4%

The U.S. shed 92,000 jobs during February, a surprising downturn after a positive start to the year that complicates the political picture for President Trump as economic worries rise alongside the Iran war.

March 6, 2026

Two dozen blue states sue over Trump’s new tariffs

Blue states sued President Trump on Thursday over his latest attempt to impose global tariffs, saying the new batch of levies misapplies a law designed to deal with arcane monetary issues.

March 5, 2026

Democrats urge businesses to pass tariff refund to consumers

Top Senate Democrats urged large businesses Thursday to pass along a portion of forthcoming tariff refunds to consumers who faced higher prices as a trickle-down effect of President Trump's trade agenda.

March 5, 2026

Top Iranian security official blames Trump for school bombing, as U.S. probes strike

Iran's top security official blamed President Trump and Israel on Thursday for the deaths of children after a bomb hit an Iranian school on the opening days of the joint operation against the Islamic republic.

March 5, 2026

Trump announces steps to protect oil tankers as prices surge

President Trump took steps Tuesday to secure oil shipments in the Middle East as the U.S. continued to bombard Iran, and Tehran retaliated by striking oil-rich Arab states.

March 3, 2026

Trump lets loose on Spain, U.K. over reticence to help attacks on Iran

President Trump ripped into Spain and the U.K. on Tuesday over their reluctance to help the war effort against Iran.

March 3, 2026

Trump says he feared that Iran would ‘attack first’

President Trump said Tuesday he struck Iran because he was convinced that Tehran was going to "attack first."

March 3, 2026

Wall Street opens down again amid fears of higher oil prices, wider conflict in Middle East

Stocks on Wall Street opened sharply down Tuesday as investors digested surging oil prices and the realization that the U.S.-Israeli war with Iran is likely deepening instead of abating after days of military strikes.

March 3, 2026

The president is calling: Trump uses whirlwind of interviews to sell his Iran war through the media

President Trump hasn't delivered a major address to the public to build support for his war against Iran.

March 3, 2026