Markets seesawed on Day 13 of the war in the Middle East, as two oil tankers were struck by projectiles near Iraq’s southern ports and attacks between Israel and Hezbollah intensified.
Middle East
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U.S. attacks Iranian mine-laying vessels near Hormuz on Day 12 of war
Attacks and counterattacks continued throughout the Middle East Wednesday. Two cargo ships were struck in the Gulf, as some lawmakers in Washington pressed for answers on the war’s rationale.
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Trump gives mixed messages about when the war with Iran will end
In a phone call with CBS News Monday, Trump said “the war is very complete.” But at a separate event with Republican lawmakers, he said the U.S. still needed to achieve “ultimate victory.”
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Iran attacks Israel, Gulf states, after naming new leader on Day 10 of war
The price of crude oil briefly neared $120 a barrel Monday as Iran named Mojtaba Khamenei the supreme leader and then launched new attacks at Israel and Gulf states.
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Oil surges to its highest price since 2023, and stocks drop after U.S. jobs report
Stocks fell Friday on worries that the economy could become stuck in a worst-case scenario of stagnating growth and high inflation. Oil prices touched their highest levels since 2023 after surging again because of the Iran war.
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U.S. evacuates diplomats, shuts down some embassies as war enters fourth day
The United States evacuated diplomats across the Middle East and shut down some embassies as war with Iran intensified Tuesday while President Trump signaled the conflict could turn into extended war.
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U.S.-Israeli strikes in Iran continue into 2nd day, as the region faces turmoil
Israel said on Sunday it had launched more attacks on Iran, while the Iranian government continued strikes on Israel and on U.S. targets in Gulf states, Iraq and Jordan.
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Trump warns Iran not to retaliate after Ayatollah Ali Khamenei is killed
The Iranian government has announced 40 days of mourning. The country’s supreme leader was killed following an attack launched by the U.S. and Israel on Saturday against Iran.
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Israel and the U.S. launch strikes against Iran
Israel and the U.S. have lauched strikes against Iran, with explosions reported in Tehran and air raid sirens sounding across Israel. A nationwide state of emergency has been declared as officials warn further missile and drone attacks could be imminent.
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Pope Leo prays for unity at historic Nicaea site
On the second day of his inaugural overseas trip, Pope Leo XIV visited the ancient site of the First Council of Nicaea, in Turkey, urging Christians — and all faiths — to reject the use of religion to justify violence.
