A swath of consumers across incomes reported declines in expectations for their personal finances. Economists worry that consumers will pull back their spending.
Live updates: Hegseth says ‘don't need to worry about' oil supply and Iran's closure of Strait of Hormuz AP NewsUS's Hegseth claims new Iran Supreme Leader Mojtaba Khamenei injured Al JazeeraNew Iranian Leader Vows to Keep Global Oil Gateway Blocked The New York TimesStrait of Hormuz must remain closed as 'tool to pressure enemy,' Iran's new supreme leader says
Trump bragged about low gas prices. The Iran conflict has him doing an about-face AP NewsOpinion | Here's One Boast Trump Won't Be Making Anymore The New York TimesTrump news at a glance: president shrugs off highest gas prices in years The GuardianTrump suggests high oil prices are a positive after bragging about low gas prices last month PBS
