Saturday, April 11, 2026

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March 2, 2026 12:37 PM

Oil surges, stocks slide as conflict grips Middle East

Oil prices surged on Monday and s1927029046hares slid as military conflict in the Middle East looked set to last weeks, threatening to upend a global economic recovery and perhaps reignite inflation. Brent jumped 6.4% to $77.57 a barrel, though it h...

March 1, 2026 1:18 PM

Trump’s Iran strikes mark his biggest foreign policy gamble

With his large-scale attack on Iran, Donald Trump has seized a legacy-defining moment to demonstrate his readiness to exercise raw U.S. military power. But in doing so, he is also taking the biggest foreign policy gamble of his presidency, one fraugh...

March 1, 2026 1:14 PM

Explainer: Why is the US attacking Iran?

The United States and Israel launched their most ambitious attacks on Iran in decades on Saturday in an operation that killed Supreme Leader Ayatollah Ali Khamenei. The biggest foreign-policy gamble of U.S. President Donald Trump's presidency comes ...

March 1, 2026 1:28 PM

What is the Strait of Hormuz and why is it so important for oil?

The United States and Israel attacked Iran on Saturday in a development that could lead to a closure of the Strait of Hormuz, a major oil export route, for days. Below are details about the strait: WHAT IS THE STRAIT OF HORMUZ? The strait lies bet...

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