It's been just over a year since Japan's Nippon Steel bought U.S. Steel, after agreeing to invest $11 billion into the Pittsburgh-based icon by the end of 2028.
Thus far, almost all of that money remains a promise.
House Democrats grappled privately Tuesday morning with a vote to pare back U.S. aid to Israel in what one senior lawmakers described as an "intense" meeting.
Why it matters: Many lawmakers are caught between substantive concerns about the measure and fear of intense backlash from their base if they oppose it.
As he tries to hammer out a peace deal with Iran, President Trump has a dovish adviser in Vice President Vance perched on one figurative shoulder — and a hawkish Secretary of State Marco Rubio on the other.
Why it matters: The success of the talks — and therefore the health of global oil markets — greatly depends on how well Trump deploys each man to balance competing interests in Iran, Israel and Lebanon.
Oil shipments through the Strait of Hormuz are resuming faster than many analysts predicted, but fresh hostilities in recent days are threatening the trend.
Why it matters: The rebound in shipments is good news for the tight oil market and is helping push prices lower.
