A well-timed, optimistic post on Truth Social from President Trump about the war in Iran can send stocks higher.
Why it matters: Social media posts from the White House have become key drivers of the oil and stock markets during the conflict, particularly as its resolution seems to keep moving further and further out of reach.
An MQ-4C Triton crashed this month, according to U.S. Navy data and publicly available flight logs.
Why it matters: At roughly $240 million a pop, the Northrop Grumman-made maritime surveillance drone is among the single priciest losses amid the Iran war.
JPMorgan Chase is bringing its $1.5 trillion security-and-resiliency initiative to Europe.
Why it matters: European rearmament chatter is maturing, as Russia bombards Ukraine, President Trump flames NATO and air-and-missile defense demands are laid bare by the Iran war.
President Trump is giving Iran's warring factions a short window to unify behind a coherent counter-offer — or the ceasefire he extended Tuesday ends, three U.S. officials tell Axios.
"Trump is willing to give another three to five days of ceasefire to allow the Iranians to get their shit together," one U.S. source briefed on the matter said. "It is not going to be open-ended."
Why it matters: Trump's negotiators believe a deal to end the war and address what's left of Iran's nuclear program is still achievable. But they also worry they may not have anyone in Tehran empowered to say yes.
President Trump's decision to suspend a controversial maritime law during the Iran war has made it easier to ship oil across the U.S. — and now he wants to keep it that way, according to U.S. officials.
Why it matters: Known as the Jones Act, the 1920 law raises the cost of shipping between U.S. ports because it requires goods to be carried on American-flagged vessels, which are in relatively short supply compared to the global supply.
President Trump announced on Tuesday that he is extending the ceasefire with Iran, with no set deadline, giving diplomacy another chance to produce a deal.
Why it matters: The announcement, which came after a White House meeting with his national security team, landed hours before the ceasefire was set to expire — averting a potential resumption of the war and a massive regional escalation.
Vice President Vance's planned trip to Islamabad on Tuesday was delayed — then postponed indefinitely — after Iran refused to participate in a new round of peace talks, according to U.S. officials and sources with knowledge of the situation.
The latest: Iran's IRGC-affiliated Tasnim news agency reported that Tehran's negotiating team has informed the U.S. through Pakistani mediators that it will not be in Islamabad on Wednesday and sees no prospect for participation in the talks.
More Americans approve of Pope Leo XIV than President Trump, according to a new Reuters/Ipsos poll released Tuesday.
Why it matters: Trump has continued to levy attacks against Leo as the two disagree on the Iran war, and the poll's findings suggest that the president's rhetoric could alienate Catholic Americans who helped catapult him back into the White House.
