President Trump announced that he has agreed to suspend bombing in Iran for two weeks following talks with prime minister of Pakistan. Trump is describing it as a "double-sided ceasefire."
Crude oil prices dropped sharply Tuesday evening, falling well under $100 per barrel after President Trump said the U.S. agreed to a two-week ceasefire with Iran that Pakistan had proposed . Why it matters: The agreement is subject to Iran to allowing "complete" reopening of the Strait of Hormuz, Trump said. - The de facto closure of the waterway — which handles about a fourth of the world's seaborne oil trade — has brought the largest disruption in oil market history. Driving the news: The global benchmark Brent crude futures price fell roughly 16% to about $93 a barrel. But it's still far above the roughly $73 mark right before the war began at the end of February. - WTI, the U.S. benchmark, was down about 19% to about $92 a…
Published April 7, 2026 A growing scandal surrounding U.S. Rep. Tony Gonzales of Texas has intensified after newly released text messages revealed the congressman repeatedly pressed a campaign staffer for nude photos and sexual favors [...]