Browsing: USIran

• Oil prices drop:Oil prices fell sharply after a pause in fighting between the US and Iran, the biggest decline since early April. Brent futures, the global benchmark, closed down 11.3%; US crude dropped about 7%

“Israel’s continued destruction of homes and bulldozing of villages in southern Lebanon constitutes a direct violation of human rights and a clear breach of international laws and norms,” Lebanese President Joseph Aoun said during a meeting Monday with United Nations High Commissioner for Human Rights Volker Türk, according to a statement from the president’s office

Tehran-backed Houthi forces in Yemen have fired missiles and drones at two of Saudi Arabia’s most strategically important oil facilities on the Red Sea, in a major escalation of the latest simmering regional conflict to be reignited by the war launched by the United States and Israel against Iran

• Latest on the war:Vice President JD Vance and Chairman of the Joint Chiefs of Staff Gen. Dan Caine raised concerns about escalating the war as President Donald Trump weighed the possibility during a White House meeting, according to

• Latest on the war:US Central Command made no announcement of new military action against Iran on Friday, after launching strikes against the country daily for almost two weeks. It is not clear if that was because CENTCOM did not take military action against Iran on Friday

• Widening conflict:Yemen’s Iran-backed Houthis claimed to have struck two Saudi oil tankers in the Red Sea Thursday following their Monday announcement of a naval blockade on Saudi ships

• Cost of war:The war with Iran has cost $37.5 billion so far but experts told CNN the bill is likely much higher. He testified before Congress on Tuesday to seek additional war funding

A ramp-up in fighting between the U.S. and Iran over the weekend has left Wall Street reconsidering its expectations for the war’s economic impact

US-Iran War Live Updates: Iran claims attacks on major US bases in Kuwait, calls American forces ‘terrorist’

Benchmark oil prices crossed $90 per barrel for the first time in five weeks after the US launched a ninth day of strikes against Iran, with no clear path toward deescalation or a reopened Strait of Hormuz