Oil prices remained well north of $100 per barrel after markets opened Sunday, with the Iran war moving into its fourth week. Why it matters: The price suggests that traders don't see a near-term end to the conflict, or risks to oil transit in the Strait of Hormuz that's throttling supplies on an unprecedented scale. - It's the first major trading since President Trump said Saturday night that Iran has 48 hours to reopen the Strait of Hormuz or else the U.S. will start destroying the nation's power plants. The latest: The global benchmark Brent crude initially rose into the $113 range before dipping slightly on Sunday evening. - However, the price was little moved from Friday's close and was up roughly 55% from levels just before the…
Oil prices remained well north of $100 per barrel after markets opened Sunday, with the Iran war moving into its fourth week. Why it matters: The price suggests that traders don't see a near-term end to the conflict, or risks to oil transit in the Strait of Hormuz that's throttling supplies on an unprecedented scale. - It's the first major trading since President Trump said Saturday night that Iran has 48 hours to reopen the Strait of Hormuz or else the U.S. will start destroying the nation's power plants. The latest: The global benchmark Brent crude initially rose into the $113 range before dipping slightly on Sunday evening. - However, the price was little moved from Friday's close and was up roughly 55% from levels just before the…Open
President Trump’s threats to “obliterate” Iranian power plants, if they come to pass, could have unintended consequences, cautions Iranian American activist and entrepreneur Moj Mahdara: “To hit a power plant that’s going to impact the lives of civilians … is not something that’s going to invoke and engender democracy in Iran, which is what we’re aiming for.” #Iran #World #Trump Get a fast-paced look at the latest from the border to Main Street to the White House on "NewsNation Live." Weekends starting at 10a/9C Saturdays and 11a/10C Sundays. NewsNation is your source for fact-based, unbiased news for all Americans.
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ICE officers are expected to be at U.S. airports Monday to help with long security lines caused by the funding impasse over the Department of Homeland Security. NewsNation's Lia Lando has the latest. Get a fast-paced look at the latest from the border to Main Street to the White House on "NewsNation Live." Weekends starting at 10a/9C Saturdays and 11a/10C Sundays. NewsNation is your source for fact-based, unbiased news for all Americans.
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