24 articles — keywords: Iran War, Iran Attack
Trump ordered the military to stay ready for a full-scale assault after Gulf leaders asked him to pause a planned strike scheduled for Tuesday.
A New York Times poll published the same day found 64% of voters believe going to war with Iran was the wrong decision.
The visit comes as the 75-day Iran war has cost U.S. taxpayers at least $29 billion and wholesale prices hit their highest point since 2022.
Energy costs drove the surge, with gasoline prices jumping 15.6% as the Iran war squeezed global oil supplies.
Energy prices drove 40 percent of the total Consumer Price Index increase in April, with gasoline up 28.4 percent from a year ago.
Kelly responded by pointing to a public Senate hearing where Hegseth himself said it would take years to replenish munitions depleted by the Iran war.
The United Nations Development Program estimates the conflict may cause $299 billion in economic losses to the Asia-Pacific region.
Qatar also sent its first LNG shipment through the Strait of Hormuz since the war began, according to ship-tracking data.
The British energy giant beat analyst forecasts by more than $800 million but cut its quarterly share buyback from $3.5 billion to $3 billion.
Brent crude closed at $114.44 per barrel after Iran fired 12 ballistic missiles, three cruise missiles and four drones at the Gulf state.
Coal-fired power generation rose to 164.9 average gigawatts in April, up from 160.7 gigawatts a year earlier, as LNG imports through the Strait of Hormuz were disrupted.
The pullback, announced Friday, comes after Germany's chancellor publicly criticized Washington's strategy in the Iran war.
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