Oil prices jump as Iran war causes the ‘largest supply disruption’ in history

The price of oil jumped more than 8% on Thursday, as the International Energy Agency said the U.S.-Israel war on Iran was “creating the largest supply disruption in the history of the global oil market.” The price of international Brent crude oil rose to more than $100 per barrel, while U.S. crude oil rose above … Read more

Pentagon estimates Iran war cost $11.3B in the first six days in closed-door congressional hearing: report

NEWYou can now listen to Fox News articles! Pentagon officials on Tuesday told legislators during a closed-door briefing that they estimated that the cost of the Iran war was more than $11.3 billion during the initial six days of the conflict, the New York Times reported, citing three unnamed individuals familiar with the briefing. That … Read more

First week of Iran war cost U.S. over $11 billion, military told lawmakers

The first week of the U.S.’ war with Iran cost around $11.3 billion, military officials told members of Congress in a briefing this week, according to sources familiar with the meeting. That figure is a low-end estimate and does not include the build-up costs of moving assets into place ahead of the operation’s start on … Read more

SEE IT: Nancy Mace says she ‘jumped in to assist’ as Americans airlifted from war zone amid Iran conflict

NEWYou can now listen to Fox News articles! While House Republicans gathered in South Florida to map out their strategy ahead of November’s midterm elections, one GOP lawmaker said she “jumped in to assist” with evacuation efforts overseas amid the U.S.-Israeli conflict with Iran. Rep. Nancy Mace, R-S.C., told Fox News Digital that she traveled … Read more

Live Updates: Iran’s war tactic of punishing U.S. Gulf allies sends oil prices back up and stock markets down

Oil prices rose back above $100 and stocks sank Thursday as Iran’s attempts to hit supplies in the Middle East and bring down the global economy overshadowed a record release of strategic crude reserves by the International Energy Agency. Stock markets in Asia closed down Thursday and European markets opened with losses as investors saw … Read more

Democratic Sen. John Fetterman says war with Iran has been

Democratic Sen. John Fetterman of Pennsylvania said Wednesday he believes the U.S.-Israel war with Iran has been “effective” and is moving toward an “appropriate outcome.”  “I think, overall, what’s accomplished is remarkable,” Fetterman told CBS News chief White House correspondent Major Garrett in an interview Wednesday. Pressed on whether the war was going “well,” Fetterman … Read more

Iran appears to have conducted a significant cyberattack against a U.S. company, a first since the war started

An Iran-linked hacker group has claimed responsibility for a cyberattack of a medical tech company, in what appears to be the first significant instance of Iran hacking an American company since the start of war between the countries. The company, Stryker, produces a range of medical equipment and technology, and is headquartered in Michigan. Historically, … Read more

First 6 days of Iran war cost $11.3 billion, Pentagon tells Congress

WASHINGTON — Defense Department officials told senators in a closed-door briefing Tuesday that they estimate the first six days of the war in Iran cost more than $11.3 billion, according to three sources familiar with the briefing. Sen. Chris Coons, D-Del., told reporters Wednesday that he believes the amount is even higher, as the current … Read more