Iran's Islamic Revolutionary Guard Corps said Wednesday that 26 ships transited the Strait of Hormuz under its guidance over the past 24 hours as Tehran works to solidify its control over the critical waterway.
Americans heading to the pump this Memorial Day weekend will face the highest prices in years, with the national average forecast to hit $4.48 per gallon -- up $1.34 from the same holiday last year -- as the Strait of Hormuz closure continues to ...
Samsung Electronics' labor union said Wednesday it'll hold off on launching a planned strike and put a tentative wage deal with management to a vote, alleviating immediate concerns about the operation of the world's largest memory chip maker.
The U.K. government has delayed some new sanctions on Russian oil in an effort to shelter Britons from the cost-of-living squeeze triggered by the effective closure of the Strait of Hormuz in the Iran war.
The U.S. imposed sanctions Wednesday on more than a dozen people, a Mexican restaurant and a security firm linked to Mexico's powerful Sinaloa cartel and its fentanyl trafficking activities.
President Trump plans to attend the Group of Seven summit in France in June, a consequential meeting given the backdrop of the war in Iran and the president's recent bickering with allies.
George Soros ' Open Society Foundations pledged $300 million Wednesday toward initiatives it says will defend democratic rights and advance economic security in the U.S. over the next five years.