Oil prices hit a 4-year high as Axios reports Trump will hear new options to try to break the Strait of Hormuz standoff with Iran with a new wave of attacks.

Increasing prices as a result of the war are expected to cost American households thousands of dollars. Trump says he’s holding out for Iran to disavow their nuclear program.

By Bo Erickson and Kanishka Singh WASHINGTON, April 30 (Reuters) - A U.S.-Iran ceasefire that began in early April has "terminated" hostilities between the two sides for the purposes of an approaching congressional war powers deadline,

Defense Secretary Pete Hegseth and Joint Chiefs of Staff Chairman Dan Caine are set to testify before the Senate about the Iran war and the Pentagon's budget request.

Iran has rejected further negotiations unless the U.S. blockade is lifted, but President Trump has said he won't do so until Tehran agrees to a nuclear deal.

By Alex Lawler LONDON, April 30 (Reuters) - Global oil prices jumped to a four-year high of more than $126 a barrel on Thursday on concerns that the U.S.-Iran war could worsen and lead to a protracted Middle East supply disruption that could hurt global economic growth,

U.S. Secretary of War Pete Hegseth clashed with Democratic lawmakers in Congress for a second day Thursday, rejecting senators' accusations that the Iran war was launched without evidence of an imminent threat and waged with no coherent strategy.

A key inflation measure jumped in March as gas prices soared, the latest sign that the Iran war is pushing up the cost of living and delaying any interest rate cuts by the Federal Reserve. Soaring oil prices ease and markets rise as Big Tech sends mixed signals UMBC poll: Baltimore unity high on culture,