Home utility bills are poised for a high profile in the battle to control Congress — but turning energy costs into political gain is easier said than done.
Why it matters: Democrats see an opening to transform power prices into political baggage for Republicans in the 2026 midterm elections.
Electricity prices are surging across the country as a perfect storm of aging equipment and AI demand slams the nation's grid.
Why it matters: Paying more to keep air conditioners, laptops and other electronics running is straining household budgets as Americans deal with other rising costs.
France, Germany, and the U.K. sent a letter Thursday morning to members of the UN Security Council announcing they are triggering the "snapback" mechanism to reimpose UN sanctions on Iran, which had been suspended under the 2015 nuclear deal.
Why it matters: In the letter, the three European powers emphasized that during the next 30 days — before the sanctions take effect — they are open to negotiations with Iran on a nuclear agreement that could halt the process.
Trump administration tariffs on India would halve "if it stops buying Russian oil and helping to feed the war machine" in Ukraine, White House trade adviser Peter Navarro said Wednesday.
Why it matters: India's tariffs doubled to 50% on Wednesday, but the key U.S. trading partner is showing no signs of backing down, with Prime Minister Narendra Modi urging citizens to buy Indian-made and his senior officials meeting with Russia's leader Vladimir Putin last week.
