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Oil prices plunged after Trump warned that Tehran would be hit "twenty times harder" if it attempted to halt oil flows through the Strait of Hormuz.
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The US president's comments lead to a drop in crude costs and a rebound in shares.
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The 10-year Treasury yield was flat as oil prices tumbled after Trump warned that Iran would be hit harder if it tried to halt Strait of Hormuz shipments.
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Conflict has spread across the Middle East since the US and Israel launched wide-ranging strikes on Iran on 28 February.
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The price of jet fuel and diesel has surged since the war in Iran began, which could force airlines and trucking companies to pass on higher costs to their customers.
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Australia has granted asylum to five members of the Iranian women's soccer team who were in the country for a tournament when the Iran war began.
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President Aoun outlines a path towards "permanent security and stability", as Israeli strikes targeting Hezbollah continue.
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;Resize=(620)) A company with Canadian directors funnelled valuable pearls to Myanmar's brutal military regime long after the 2021 military coup that sparked a bloody civil war - despite sanctions imposed by Canada and its allies. A CBC investigation has determined the RCMP was asked to look at the activities of Belpearl almost two years ago by a human rights group, but authorities won't say whether they have taken up the case.
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Supreme Leader Mojtaba Khamenei could prove to be even more radical than his father and predecessor, Ayatollah Ali Khamenei, who was killed by the U.S. and Israel at the start of the war.
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The president made the remarks at his resort in Miami more than a week after U.S. and Israel initiated strikes on Iran. He did not give a timeline on ending hostilities.
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The price of oil surged Monday, as the effects of the Iran war hit markets worldwide and stoke fresh worries about inflation.
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Trump's answered questions about the U.S.-Israel-led war in Iran at a press conference — his first since the attacks began — held as oil and gas prices soar.
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;Resize=(620)) A prolonged global supply disruption could send food prices higher later this spring: analysts
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Oil prices exceeded $100 per barrel on Monday, reaching peaks unseen since 2022, as the Iran war triggered a global energy crisis.
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As the war in Iran spreads, Kyiv is eagerly offering its hard-won expertise and advanced technology to counter Iranian drones.
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Choosing continuity amid war, Iran named Mojtaba Khamenei to succeed his father, despite President Donald Trump's criticism and Israel's threats. He has a hard-liner's pedigree, but will his tenure be confrontational, or seek to broaden internal support for the regime?
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;Resize=(620)) Canadians saw fuel prices climbing across the country this week as the conflict in the Middle East drives up the price of oil. One expert says those high numbers are likely to stick around for a while, even if the war ends in the next few weeks.
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Winston Churchill coined the phrase "special relationship" 80 years ago. Now, his grandson says Trump is damaging U.S.-U.K. ties, and diplomats warn a divorce may be in the works.
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