The price of oil plunged sharply and U.S. stock indexes opened at new all-time highs after the Iranian foreign minister said that the Strait of Hormuz was open for commercial vessels."In line with the ceasefire in Lebanon,

Prices dropped after Iran's foreign minister said the Strait of Hormuz is "completely open" for the remainder of the Israel-Lebanon ceasefire.

President Trump has said that he went to war to stop Iran from ever having a nuclear bomb. Unfortunately, the war he launched led Iran to discover that it already had an extremely effective doomsday weapon—one that promised the economic equivalent of mutual assured destruction.

US President Donald Trump welcomed Tehran's announcement but said the US naval blockade would continue until a peace deal was reached.

Donald Trump has defended his recent criticism of Pope Leo XIV saying he has a “right to disagree” over Iran's nuclear weapon.

The cost of polyethylene used to make plastic packaging has soared alongside oil prices.

The U.S. Treasury Department has extended its pause on sanctions on Russian oil shipments to ease shortages from the Iran war, days after Secretary Scott Bessent ruled out such a move.

Thousands of boxes sent to service members in Middle East are stuck in limbo. The Postal Service has indefinitely suspended delivery amid Iran war.