
The United States and Israel struck Iran's Kharg Island, the country's main oil export terminal, on Tuesday, hours before President Donald Trump's ultimatum for Tehran to reopen the Strait of Hormuz or face massive attacks on its power plants and bridges expires.

US President Donald Trump threatened Sunday to bomb Iran's power plants and bridges if Tehran fails to reopen the Strait of Hormuz to international shipping by Tuesday at 8:00 PM Eastern Time.

U.S. President Donald Trump fired Attorney General Pam Bondi on Thursday, ending a turbulent 14-month tenure at the helm of the Justice Department. Trump confirmed the move in a Truth Social post in which he called Bondi a Great American Patriot and announced that Deputy Attorney General Todd Blanche would step in as acting attorney general.

The U.S. Treasury Department on Wednesday removed Venezuela's interim president, Delcy Rodríguez, from the Specially Designated Nationals (SDN) list, the country's main financial sanctions registry managed by the Office of Foreign Assets Control (OFAC). The move allows her to access blocked assets, conduct transactions with U.S. entities, and travel to American territory.

By Gwynne Dyer - The Iranians know they have won, but President Trump doesn’t get it yet. He’s still at the stage of counting up the US and Israeli air-strikes and assuming that those numbers mean a US victory is possible. But five gets you ten that the Iranians are already thinking about nuclear weapons. Not their own, which don’t exist. America’s.

”If the (Iran) conflict is contained soon, the hit to confidence may be temporary, but a prolonged crisis could prompt more precautionary saving and further discretionary spending cuts,” warned Moody’s in a report on the current war in the Middle East, and the impact for US households.

President Donald Trump said Tuesday from the Oval Office that U.S. forces will withdraw from Iran in two or three weeks, asserting that the military campaign has achieved its core objectives.

Brent crude, the European benchmark, closed Monday at $112.78 per barrel and continued climbing in the futures market past $114, its highest level since July 2022. Oil has surged roughly 55% in March, the largest monthly gain since the contract's inception in 1988.

One year after the Trump administration launched its tariff offensive against more than 180 countries, Latin America presents a mixed picture: some economies lost competitiveness in the U.S. market, while others redirected exports or negotiated agreements to cushion the blow.

The United States authorized the passage of a Russian oil tanker loaded with crude bound for Cuba, in the first easing of the de facto energy blockade Washington has imposed on the island since the start of the year, The New York Times reported, citing a U.S. official.