Skyrocketing energy prices and inflation woes mount as the ‘absurd’ reality in Iran sinks in

U.S. lifts sanctions on Russian oil already loaded onto tankers, equal to 5-6 days’ worth of normal shipments through the Strait of Hormuz

The U.S. has lifted sanctions on approximately 125 million barrels of Russian oil currently loaded on tankers, representing 5-6 days worth of typical shipments through the Strait of Hormuz. This significant volume of previously sanctioned oil is now cleared for delivery to global markets.

Iran stretches war into third week with missile strike on U.S. embassy compound in Baghdad

Iran has escalated military tensions into a third week by conducting a missile strike on the U.S. embassy compound in Baghdad. The U.S. is responding by deploying an additional 2,500 Marines and an amphibious assault ship to the Middle East region.

U.S. hits military targets on Iran’s Kharg Island as war escalates