Iran flexed its leverage in the Strait of Hormuz this week, forcing President Trump to lean on Israeli Prime Minister Benjamin Netanyahu to scale back deadly strikes in Lebanon ahead of ceasefire

The lives of millions of people across the Middle East – and the fate of the global economy – will hinge on the outcome of make-or-break talks between the US and Iran this weekend in Pakistan.

Iranian officials have reached Pakistan ahead of the high-stakes talks with the United States scheduled for Saturday. President Donald Trump has warned that America will restart and step up its military strikes against Iran if no peace agreement is reached.

Ahead of high-stakes talks in Islamabad, US President Donald Trump said Iran has “no cards” except its leverage over the Strait of Hormuz. He accused Tehran of using the key oil transit route for “short-term extortion”, as control of the waterway remains central to the upcoming negotiations.

A war-driven jump in gas prices helped push US inflation to 3.3% in March, marking the fastest annual pace in nearly two years, new Bureau of Labor Statistics data showed Friday.

By Jonathan Stempel April 10 (Reuters) - A U.S. appeals court on Friday declared unconstitutional a nearly 158-year-old federal ban on home distilling, calling it an unnecessary and improper means for Congress to exercise its power to tax.

President Donald Trump is tasking the member of his inner circle who has seemed to be the most reluctant defender of the conflict with Iran to now find a resolution to the war that began six weeks ago and stave off the U.

Consumer prices increased by 0.9% last month due to spiraling energy costs from the US-Israeli attack on Iran.

The American economy, slowed by last fall's 43-day government shutdown, grew at a sluggish 0.5% annual pace from October through December, the Commerce Department reported Thursday in downgrade of its previous estimate.