World
The U.S. and Iran Just Agreed to a Ceasefire. Here's What's Actually in the Deal.
A two-week truce halts 40 days of strikes, reopens the Strait of Hormuz, and sets the stage for talks in Islamabad on Friday.
Shaw Beckett·
Oil Prices
World
Trump Gives Iran Until Tuesday Night to Open the Strait of Hormuz, or Face 'Hell'
The president's 8 p.m. ET deadline threatens strikes on civilian infrastructure while a 45-day ceasefire proposal hangs in the balance.
Shaw Beckett·
World
Trump Postpones Iran Strikes for Five Days, Claims 'Productive' Talks. Tehran Says No Talks Happened.
Markets surged and oil tumbled after Trump's Truth Social post, but Iran flatly denied any negotiations are taking place, calling it market manipulation.
Shaw Beckett·
Business
Your Spring Home Purchase Just Got More Expensive, and Oil Is the Reason
Mortgage rates hit 6.53% on the first day of spring as the Iran war drives oil prices above $100, upending what was supposed to be a comeback housing season.
Shaw Beckett·
Business
The Fed Meets Tomorrow With Oil at $100 and No Good Options
The Federal Reserve begins its March meeting with crude oil above $100, inflation expectations climbing, and rate cut hopes fading. Here's why Chair Powell faces his toughest call in years.
Shaw Beckett·
Business
Gas Prices Could Hit Record Highs as G7 Unlocks Emergency Oil
G7 finance ministers are discussing a 300-400 million barrel emergency oil release as the Strait of Hormuz closure sends crude past $100 and gas prices toward historic levels.
Shaw Beckett·