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President Trump has declared the cease-fire on "life support," and investors are taking a cautious approach as the economic effects of the war become more apparent.
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Trump leaves for Beijing today for a state visit with Chinese President Xi Jinping. And, a new inflation report is expected to show the war in Iran's impact on the U.S.
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President Trump said the fragile cease-fire was on "life support," and India's leader urged residents to cut back on purchases and travel.
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Facilities tied to Coca-Cola, Cargill, Mondelez and others appear to have been deliberately hit. The Trump administration's muted response has raised concerns.
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Oil prices rose Tuesday amid concerns over a prolonged Middle East conflict after President Trump's comments that the ceasefire with Iran is on "life support"
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;Resize=(620)) As U.S. President Donald Trump travels to Beijing to meet with Chinese President Xi Jinping, the expectations around the highly anticipated summit between the leaders of the world's two largest economies are being tempered by the war against Iran, and as China appears to hold some key leverage.
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President Donald Trump is scheduled to see doctors for a medical and dental checkup later this month
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Despite claiming that Iran's military is defeated and that Washington "has all the cards" in the conflict, Trump has yet to force Tehran to come to a deal.
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The testy U.S.-Iran ceasefire began in mid-April after Trump threatened to destroy Iran's "whole civilization" if no deal was struck.
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Suspending the federal gas tax would require an act of Congress.
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;Resize=(620)) A man accused of storming the White House Correspondents' Association dinner while armed with guns and knives pleaded not guilty on Monday to charges that he attempted to kill U.S. President Donald Trump and fired a shotgun at a Secret Service officer who tried to stop the attack.
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The Iran war, dragging into its second month, has spiked oil and gas prices in the U.S. and around the world.
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