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The Iran war risked reigniting after the U.S. tried to force open the Strait of Hormuz, though a ceasefire seemed to be holding Tuesday even after the United Arab Emirates said Iran fired missiles and drones at it.
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The president has repeatedly suggested that the conflict was nearing a conclusion while simultaneously escalating threats against Tehran.
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An independent report warns cost of living pressures are driving up exploitation levels in Britain.
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China told its independent refineries to disregard U.S. sanctions over their purchases of Iranian crude.
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Iran has blocked tanker traffic through the Strait of Hormuz since the U.S. and Israel started the war in late February, resulting in supply and price shocks.
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