Oil prices have been volatile since the start of the war. Iran’s actions have effectively stopped cargo traffic through the narrow Strait of Hormuz, where a fifth of the world’s oil typically sails.

The American military has ordered 2,500 Marines and an amphibious assault ship to the Middle East, a U.S. official said Friday, in a major addition of forces in the region after nearly two weeks of ...

A federal judge has quashed the Justice Department’s grand jury subpoenas in a criminal complaint against Federal Reserve Chair Jerome Powell, court documents unsealed on Friday revealed. “The case ...