Iran, Israel
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The country’s exports mostly come from Kharg Island in the Persian Gulf. But Israel’s energy facilities are also at risk.
Trump now faces a difficult balancing act between supporting Israeli strikes and salvaging fragile nuclear negotiations with Iran, which he emphasized on Friday remain a priority.
Israel’s attacks on Iran’s nuclear facilities risk pushing back the timeline for Federal Reserve interest-rate cuts as the US central bank waits to assess any potential impact on inflation, economists said.
Israel’s leader and President Trump appeared to bet they can persevere, but other world leaders warned of unintended outcomes in a volatile region.
Gold is shining as Treasurys remain under pressure — but it’s probably too soon to write off U.S. debt as a safe-haven asset.
The Dow dropped more than 750 points Friday as investors fret over the risk of a widening war in the Middle East.
Follow the latest news after Israel launched strikes at Iran, a dramatic escalation in long-running tensions between the two countries.
Wall Street's main indexes were on track to open lower on Friday after Israel's deadly strike on Iranian nuclear facilities inflamed tensions in the oil-rich Middle East and battered risk sentiment across global markets.
Trump now faces a difficult balancing act between supporting Israeli strikes and salvaging fragile nuclear negotiations with Iran, which he emphasized on Friday remain a priority.
No matter how the fighting unfolds, it promises to increase prices at the gasoline pump just as voters' natural gas and electricity bills are already set to rise.