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AXIOS (Ben Geman) - Oil prices climb despite Trump moves to temper market

Oil prices rose over $3 per barrel Sunday in the first major trading since President Trump's threat to strike Iran's main oil export hub unless the regime allows tankers through the Strait of Hormuz. Why it matters: The climb shortly after the markets' opening signals that traders see no major near-term market loosening or end to a conflict that has brought an unprecedented throttling of oil flows. - U.S. gasoline, diesel and home fuel oil prices are slated to see continued increases. Driving the news: The global benchmark Brent crude jumped to over $106 per barrel, over $3 above Friday's close. - It's up about 45% since the U.S. strikes began. - Average U.S. regular gasoline prices are $3.70 per gallon on Sunday, up roughly 70 cents…

Oil prices rose over $3 per barrel Sunday in the first major trading since President Trump's threat to strike Iran's main oil export hub unless the regime allows tankers through the Strait of Hormuz. Why it matters: The climb shortly after the markets' opening signals that traders see no major near-term market loosening or end to a conflict that has brought an unprecedented throttling of oil flows. - U.S. gasoline, diesel and home fuel oil prices are slated to see continued increases. Driving the news: The global benchmark Brent crude jumped to over $106 per barrel, over $3 above Friday's close. - It's up about 45% since the U.S. strikes began. - Average U.S. regular gasoline prices are $3.70 per gallon on Sunday, up roughly 70 cents…Open

AXIOS (Holly Otterbein) - Democrats face a post-Trump identity crisis for 2028

Democrats are barreling toward an identity crisis: When Donald Trump is gone, they're not sure what they'll stand for. - Top party strategists are warning they can't win back the White House in 2028 by coasting on voters' dissatisfaction with the president and MAGA. Why it matters: Democrats expect to pick up congressional seats in this year's midterms by riding an anti-Trump wave — and history suggests they're probably right. But some in the party worry they could learn the wrong lessons from victory. - "You can't win a presidential election on opposition alone," Jim Messina, who was Barack Obama's 2012 campaign manager, told Axios. - "The midterms are going to be 85-90% driven by voter opposition to Trump and maybe 10-15% based on…

Democrats are barreling toward an identity crisis: When Donald Trump is gone, they're not sure what they'll stand for. - Top party strategists are warning they can't win back the White House in 2028 by coasting on voters' dissatisfaction with the president and MAGA. Why it matters: Democrats expect to pick up congressional seats in this year's midterms by riding an anti-Trump wave — and history suggests they're probably right. But some in the party worry they could learn the wrong lessons from victory. - "You can't win a presidential election on opposition alone," Jim Messina, who was Barack Obama's 2012 campaign manager, told Axios. - "The midterms are going to be 85-90% driven by voter opposition to Trump and maybe 10-15% based on…Open