Live Updates: Iran war keeps oil prices over $100 with Strait of Hormuz paralyzed despite Trump’s demands

  8m ago Iranian drone strike sparks “significant fire” in UAE’s Fujairah oil zone Authorities in the United Arab Emirates said they were working Monday to contain a fire sparked by a drone strike on the Fujairah Oil Industries Zone. The regional government for Fujairah said there were no reported injuries, but it did not … Read more

Iran war is making it harder for the Federal Reserve to cut interest rates

Americans eager for lower borrowing costs may have a long wait ahead of them. The Iran war is complicating the picture for the Federal Reserve, which is set to meet on March 18 for its next interest rate decision. Economists had predicted the Fed would hold its benchmark rate steady on Wednesday, but many had penciled … Read more

5th member of Iran women’s soccer team changes mind on accepting asylum in Australia

Kuala Lumpur Malaysia — Another member of the Iran women’s soccer team who accepted a refugee visa to stay in Australia has decided to return to her homeland, a sport official said Monday. That leaves two of an initial seven squad members who’d accepted asylum as sticking with their original decisions. The Iranian women’s soccer team had … Read more

Republicans resist calls for Iran war hearings, creating a new standoff with Democrats

WASHINGTON — The United States’ war with Iran is entering its third week, but Congress has yet to publicly test the Trump administration’s case for the conflict. Republicans in Congress have so far side-stepped public debate over the war, even as Senate Democrats reach for every tool at their disposal to demand hearings with Trump … Read more