U.S. stocks trimmed much of an early loss amid growing concerns about whether the global economy can withstand spiking prices for oil, which briefly got to nearly $120 per barrel on Monday. Wall Street had initially followed global markets on a steep descent earlier in trading and remains twitchy and quick to reverse amid all the

Governments in Asia are scrambling to limit the impact on ⁠economies ⁠and consumers from the widening Iran war, ⁠which fuelled a record surge in oil prices on Monday after key producers cut output and Tehran signalled ​that hardliners will remain in charge.

U.S. President Donald Trump says that the war with Iran began because that country was starting work on a new site for developing material for nuclear weapons

As the war with Iran causes the price of oil to skyrocket, the CEO of United says that it could soon affect airline prices. Clint Henderson, managing editor for travel website The Points Guy, joins to discuss.

Oil prices briefly shot to their highest level since 2022 a day after Iran selected Ayatollah Mojtaba Khamenei to succeed his late father as Iran’s supreme leader. Investors saw it as a signal that Iran was digging in 10 days into the war launched by the United States and Israel.

U.S. President Donald Trump said Monday that the war against Iran may be short-lived despite the country's selection of a new hard-line supreme leader to oversee the fight for the Islamic theocracy’s survival.

Oil prices have soared as the war against Iran continues on its 10th day, hitting $100 per barrel for the first time since July 2022. Kristin Myers, the ETF editor-in-chief for Asset TV, breaks down the economic impact.

Iran has launched more attacks on Israel and Gulf countries, hours after Iranian state TV said Mojtaba Khamenei had been named supreme leader