Oil prices, stocks swing sharply ahead of Trump's Tuesday deadline for Iran
"This is a potentially huge market event like no other. It's a known unknown with a clock," one investment adviser said.
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"This is a potentially huge market event like no other. It's a known unknown with a clock," one investment adviser said.
Gas prices in the U.S. could near a record high later this month if the Strait of Hormuz remains sealed, energy industry experts warn.
President Trump hailed the rescue of a U.S. airman who was missing almost two days inside Iran — and threatened to hit power plants if Iran doesn't reopen the Strait of Hormuz.
U.S. gasoline prices continue to inch higher after crossing the $4 a gallon threshold on Tuesday for the first time since 2022.
The average price of gas across the U.S. last reached $4 after Russia's invasion of Ukraine sent crude oil prices surging.
Energy markets remain volatile as President Trump threatens Iran with an invasion to seize its oil while also suggesting a deal could soon end the war.
It's unclear if the talks would be direct or indirect, and Washington and Tehran aren't commenting. This, as Iran warns the U.S. not to start ground operations.
Stocks suffered a fifth straight weekly loss as oil prices climbed and mixed signals on Iran raised fears about inflation and growth.
White House press secretary Karoline Leavitt says talks with Tehran are ongoing hours after Iran's state media said the regime rejected Trump administration proposals.
The U.S. Postal Service is raising some postage prices to help offset the federal agency's rising transportation costs as fuel prices surge.
Trading in crude oil futures spiked only minutes before President Trump postponed an ultimatum on Iran, causing oil prices to drop and stocks to surge.
President Trump said several members of his administration were involved in talks with Iran about the ongoing war.
As Iran threatens to mine the entire Persian Gulf, President Trump said his deadline for the Strait of Hormuz to reopen is postponed amid negotiations with Tehran.
Crude oil prices also dropped after President Trump said the administration had held "good and productive" peace talks with Iran.
The president threatened to "obliterate" Iranian power plants if Iran didn't reopen the Strait of Hormuz by late Monday night Eastern Daylight Time.
With gas closing in on $4 a gallon, the Trump administration is pulling multiple levers to tame energy prices. The results have been mixed.
Plunging oil shipments transiting the Strait of Hormuz have sent global energy prices soaring to their highest level in years.
Experts warn that surging energy costs are likely to ripple through U.S. supply chains, resulting in higher prices online and in stores.
"If the price of oil goes up, the price of everything goes up," said former U.S. Energy Secretary Ernest Moniz.
Israel says it killed Iran's top security official Ali Larijani, as America's European allies reject President Trump's demands for help in the Strait of Hormuz.
The Iran war could escalate further as President Trump threatens to hit key oil infrastructure if Tehran doesn't drop its chokehold on the Strait of Hormuz.
As the war against Iran has entered its third week, President Trump said Monday the U.S. has "literally obliterated" its regime.
Even if oil prices ease, they won't return to the levels they were at before the war started, according to Patrick De Haan of GasBuddy.
U.S. Energy Secretary Chris Wright invoked the Defense Production Act to restore the Sable Offshore Corp.'s Santa Ynez unit and pipeline off Santa Barbara's coastline.
Iran's relentless attacks on Gulf states and infrastructure appear to be overshadowing interventions by the U.S. and its allies aimed at easing energy prices.
Community members gather in silence to reflect, grieve, and support one another after last week's deadly blast.
Alec Burleson drove in three runs, Andre Pallante threw 5 2/3 innings of one-run ball, and the St. Louis Cardinals defeated the Texas Rangers 5-3.
Family members reflect on loss, gratitude, and the split‑second actions that kept a child alive.
"Guys, I don't know if you figured it out yet, but the knives are out for our city," said Dallas Mayor Eric Johnson.
The USDA said the only animal affected was a 3-week-old calf in Zavala County, Texas, after larvae were identified in its umbilical area.
Community members gather in silence to reflect, grieve, and support one another after last week's deadly blast.
Alec Burleson drove in three runs, Andre Pallante threw 5 2/3 innings of one-run ball, and the St. Louis Cardinals defeated the Texas Rangers 5-3.
Family members reflect on loss, gratitude, and the split‑second actions that kept a child alive.
"Guys, I don't know if you figured it out yet, but the knives are out for our city," said Dallas Mayor Eric Johnson.
The USDA said the only animal affected was a 3-week-old calf in Zavala County, Texas, after larvae were identified in its umbilical area.
Drivers towed from a Fort Worth CVS may be eligible for refunds after an I-Team investigation found questions over whether the tow company had authorization to operate in the lot.
Before striking a pipeline, causing a natural gas leak and subsequent explosion, an engineering firm did follow proper protocol to begin work at a Dallas apartment building.
A North Texas foster family says a legal gray area in Texas' Baby Moses law led to the child being returned to biological relatives.
As he battles terminal cancer, a Fort Worth fire captain says the state's workers' comp system has failed him — and he's far from alone.
A Kennedale couple says their leased solar panels stopped producing power and became a costly burden after years of unfulfilled promises.
Senate Republicans moved forward with a package to fund the Department of Homeland Security's immigration agencies Wednesday.
The Trump administration has unveiled proposed tariffs of 10% or more on dozens of countries accused of failing to crack down on forced labor, including some of the U.S.'s largest trading partners.
The superseding indictment does not contain any new charges or name new defendants from the original version, which was returned in April.
The Supreme Court cleared the way for Alabama to use a House map that is more favorable to Republicans, despite a lower court finding that the plan intentionally discriminated against Black voters.
President Trump on Tuesday announced he's tapping housing official Bill Pulte to serve as the acting director of national intelligence to replace Tulsi Gabbard.
Target, which embarked on a turnaround plan under its new CEO earlier this year, reported an increase in first-quarter sales Wednesday.
During the program's first year, it will be offered at about 65 to 75 hospitals that handle about a quarter of births in the state and largely serve low-income patients, Newsom's office said.
Bimbo Bakeries USA employs over 20,000 people and has been headquartered in Horsham, Pennsylvania, for the past 17 years.
This explosion is among several similar incidents across North Texas that raise questions about why hazardous natural gas leaks keep happening
Zoox, owned by Amazon, produces its own autonomous vehicles that it says are built for passengers, not drivers.
The head of the World Health Organization says Ebola has killed at least 7 people in Congo, but the U.N. agency says it knows the epidemic "is much larger."
The most recent week of data from Dallas County Health and Human Services shows a 50% increase in positive flu cases.
The cruise ship hit by a deadly hantavirus outbreak has docked at the Dutch port of Rotterdam for disinfection, wrapping up a troubled journey that put world health authorities on alert.
At least 80 deaths have been reported in a new Ebola disease outbreak in Congo and Uganda, authorities said.
Dr. Tracy Beth Høeg, leader of the Food and Drug Administration division responsible for regulating prescription and over-the-counter drugs, is leaving her post, a senior FDA official confirmed.
After sharing management of the arena for decades, the Mavericks are now in full control.
Target, which embarked on a turnaround plan under its new CEO earlier this year, reported an increase in first-quarter sales Wednesday.
Expensive tickets, trouble getting visas and anti-American sentiment may all be contributing to underwhelming demand.
Herring said that in the year before tariffs, used car sales were just under half of his business at his dealership in Irving; Now, they are nearly 75 percent.
Bimbo Bakeries USA employs over 20,000 people and has been headquartered in Horsham, Pennsylvania, for the past 17 years.
Alec Burleson drove in three runs, Andre Pallante threw 5 2/3 innings of one-run ball, and the St. Louis Cardinals defeated the Texas Rangers 5-3.
"Guys, I don't know if you figured it out yet, but the knives are out for our city," said Dallas Mayor Eric Johnson.
The Dallas Stars have taken a major step toward leaving Downtown Dallas.
From South Dallas to England: Lincoln High senior Joe Gonzalez is making Dallas ISD history.
Texas Tech (61-8) will play No. 2 Texas (51-12) on Wednesday at Devon Park in a double-elimination format.
Peabo Bryson, a two-time Grammy-winning singer and songwriter known for Disney movie hits "Beauty and the Beast" and "A Whole New World," has died at age 75.
President Trump said he is considering replacing the Freedom 250 concert series with a rally after many artists dropped out.
Sonny Rollins, the legendary tenor saxophonist known for his bold tone and constant experimentation, has died at 95.
The American Music Awards celebrate fan favorites in the music world and feature performances from multiple artists.
Rob Base, the MC whose lyrics lit up the dancefloor classic "It Takes Two" and got countless people moving worldwide, passed away Friday.
The Red Bull Flugtag Airshow returned to Las Colinas on Saturday after a 12-year hiatus. Teams are tasked with constructing a flying machine and putting it to the test. It's estimated that around 25,000 people attended the event.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The Neonatal Intensive Care Unit babies at Texas Health locations across North Texas celebrated Valentine's Day.
As Anthony Davis prepared for his debut game at the AAC, Dallas Mavericks fans took to the arena to protest the controversial trade.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
