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As gas prices rise, Trump's approval rating is heading into politically dangerous territory.
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For a second time, President Trump extended the deadline for Iran to fully reopen the Strait of Hormuz.
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The impacts from the Iran war continue to way on global supply chains as economists raise their expectations for a potential recession in the U.S.
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Just after stocks ended another bruising day, the president took to social media to promote progress in talks with Iran.
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The killing of the Iranian commander, who had been leading efforts to block the Strait of Hormuz, came as President Trump pressured Iran to engage in talks to end the war.
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Senator Lisa Murkowski of Alaska is drafting a formal authorization for the use of military force in Iran, seeking to put some parameters around the operation as the Trump administration has boxed out Congress.
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U.S. stocks suffered their biggest loss since the war with Iran started, fueled by rising oil prices and fears over when the war will end. NBC News' Monica Alba and Matt Bradley detail Trump's latest comments and latest in the Strait of Hormuz.
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Gasoline prices have jumped about a dollar a gallon since the war with Iran began. And diesel prices are up even more. That's tough on truckers, fishermen, and just about everyone else.
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The S&P 500 tumbled 1.7 percent on Thursday and oil prices continued rising as investors fret about when the war would end.
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The region's stores of natural gas are running at the lowest level in years, and filling them up is increasingly daunting as the U.S.-led war in Iran pushes up prices.
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