What you should expect to pay for gas as the war with Iran continues

What you should expect to pay for gas as the war with Iran continues

The attacks on Iran are already sending gasoline prices higher, and even steeper increases are probably coming soon. The average US price for a gallon of regular gas stands at just under $3 Monday, according to AAA’s survey, which was taken at the nation’s gas stations on Sunday. That’s up about 2 cents a gallon … اقرأ المزيد

Dow tumbles 1,000 points as Wall Street fears a prolonged war with Iran

Dow tumbles 1,000 points as Wall Street fears a prolonged war with Iran

New York  —  Global stocks remained volatile for a second day Tuesday, moving sharply lower as concern mounted among investors that the widening conflict in the Middle East could escalate further. The Dow tumbled 1,040 points, or 2.14%, shortly after the market open. The S&P 500 and tech-heavy Nasdaq sank 1.85% and 2%, respectively. Wall … اقرأ المزيد

CIA working to arm Kurdish forces to spark uprising in Iran, sources say

CIA working to arm Kurdish forces to spark uprising in Iran, sources say

Washington and Erbil, Iraq  —  The CIA is working to arm Kurdish forces with the aim of fomenting a popular uprising in Iran, multiple people familiar with the plan told CNN. The Trump administration has been in active discussions with Iranian opposition groups and Kurdish leaders in Iraq about providing them with military support, the … اقرأ المزيد

Mortgage rates hit 6% as Iran war spooks bond market traders

Mortgage rates hit 6% as Iran war spooks bond market traders

US mortgage rates didn’t stay below 6% for long. The average 30-year fixed mortgage was 6% for the week ending March 5, according to Freddie Mac – after war with Iran rattles financial markets. The yield on the 10-year Treasury, which mortgage rates closely follow, has climbed since President Donald Trump and Israel launched military … اقرأ المزيد

Sgt. Benjamin Pennington: Seventh US service member killed in Iran war brought home in dignified transfer

Sgt. Benjamin Pennington: Seventh US service member killed in Iran war brought home in dignified transfer

The seventh US service member killed in the conflict with Iran — a 26-year-old from Kentucky — was brought home Monday evening in a dignified transfer at Dover Air Force Base in Delaware. Sgt. Benjamin Pennington, from Glendale, Kentucky, died Sunday after sustaining injuries the week prior in an attack by Iran on Prince Sultan … اقرأ المزيد

Iran begins laying mines in Strait of Hormuz, sources say

Iran begins laying mines in Strait of Hormuz, sources say

Iran has begun laying mines in the Strait of Hormuz, the world’s most important energy chokepoint that carries about one-fifth of all crude oil, according to two people familiar with US intelligence reporting on the issue. The mining is not extensive yet, with a few dozen having been laid in recent days, the sources said. … اقرأ المزيد

Mortgage rates climb to highest level in more than 3 months as Iran war reignites inflation fears

Mortgage rates climb to highest level in more than 3 months as Iran war reignites inflation fears

The war in Iran is driving up the cost of buying a home in America. The average 30-year fixed mortgage rate rose to 6.22% this week, up from 6.11% the week before. It’s the highest level since early December, reflecting the inflation fears rippling through markets. Less than a month ago, rates had fallen below … اقرأ المزيد