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President Trump told Congress this week that hostilities "have terminated."
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After Chancellor Friedrich Merz upset President Trump with criticism of the war, he offered no public sign he believed Mr. Trump's threats to pull troops were serious.
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;Resize=(620)) Iran effectively closed the Strait of Hormuz to normal traffic by attacking and threatening to attack ships after the U.S. and Israel launched a war on Feb. 28.
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The United States will withdraw about 5,000 troops from Germany, the Pentagon said Friday, fulfilling President Donald Trump's threat as he clashes with the German leader over the U.S. war with Iran.
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In letters to the House and Senate, the president asserted that the hostilities had "terminated," in an apparent attempt to avoid having to seek congressional approval.
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Oil prices have soared on the risk of escalation and then plunged on hopes for peace before repeating the cycle.
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Inflationary surges and economic slowdowns set off by the war in Iran, tariffs and other Trump policies have forced monetary officials to adjust, our columnist says.
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The Supreme Court struck down Trump's "reciprocal" tariffs earlier this year, and Europe warned that its trade deal with Washington could be in jeopardy.
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From energy markets to everyday prices, the fallout from the Iran war is reshaping the global economy.
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Despite the fragile cease-fire in the Middle East, many Africans say they are bracing for tougher times ahead and making difficult decisions about the future.
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