Oil prices surged and stock markets slid after hard-line Ayatollah Mojtaba Khamenei was chosen to succeed his late father as Iranβs supreme leader. His appointment on Monday, and new strikes on regional oil infrastructure, signaled that Iran was digging in 10 days into the war launched by the United States and Israel.
The U.S. stock market rebounded after oil prices stopped spiking and reports gave encouraging updates on the economy. The S&P 500 rose 0.8% Wednesday and erased much of its loss since the war with Iran began.
The U.S. Senate is headed toward a vote Wednesday onΒ President Donald Trump's decision to embarkΒ on a war against Iran, an extraordinary test in Congress for a conflict that has rapidly spread across the Middle East with no clear U.S. exit strategy.
A sell-off for stocks wrapped around the world and hit Wall Street Tuesday, while oil prices climbed even higher on worries about the widening war with Iran.
U.S. President Donald Trump said on Monday that the U.S. has β the capability to go far longer β than its projected four to five week time frame for its military operations against Iran.
Tehran and its allies hit back with attacks on Israel, neighboring Gulf states, and targets critical to the worldβs production of oil and natural gas.
U.S. Central Command announced on Monday, a fourth U.S. soldier has died during the war with Iran.
All six crew members are alive after Kuwait "mistakenly shot down" three U.S. fighter jets
Iran vowed revenge Sunday after the killing of its supreme leader and traded strikes with Israel as part of a widening war prompted by a surprise U.S. and Israeli bombardment.
World leaders have urged calm after U.S. and Israeli strikes on Iran raised concerns about whether the violence could spread across the region.
An enormous explosion rocked Iranβs capital Sunday as the Israeli military said it was targeting the heart of the city.
The strikes came after Trump has pressured Tehran for a deal to constrain its nuclear program, building up a fleet of American warships in the region as the country struggles with growing dissent following nationwide protests.
The U.S. and Israel launched a major attack onΒ IranΒ on Saturday, andΒ President Donald TrumpΒ called on the Iranian public to βseize control of your destinyβ by rising up against the Islamic leadership that has ruled the nation since 1979.
The protΓ©gΓ© of the Rev. Martin Luther King Jr. and two-time presidential candidate will lie in repose for two days at the headquarters of the Rainbow PUSH Coalition before events in Washington, D.C., and South Carolina, where he was born.
Former Secretary of State Hillary Clinton told U.S. House lawmakers in New York on Thursday that she had no knowledge of Jeffrey Epsteinβs or Ghislaine Maxwellβs crimes.
The Cuban government said the vessel was a Florida-registered speedboat and officials who searched it found assault rifles, handguns, homemade explosives, bulletproof vests, telescopic sights and camouflage uniforms.
Cuba says the 10 passengers on a boat that opened fire on its soldiers were armed Cubans living in the U.S. who were trying to infiltrate the island and unleash terrorism.
The remarks by two Iranian officials ahead of Thursdayβs talks come as America has assembled its biggest deployment of aircraft and warships to the Middle East in decades.
PresidentΒ Donald TrumpΒ says he has a lot to talk about tonight. Here are some questions we're thinking about heading into the speech.
British police on Monday arrested Peter Mandelson, a former U.K. ambassador to the United States, in a misconduct probe stemming from his ties with Jeffrey Epstein.
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