America\u2019s benchmark oil contract West Texas Intermediate (WTI) surged late on Sunday after Iran accused the US of having broken a ceasefire in place since early April.<\/p>\n
WTI crude was trading up 7.5% at $90.17 per barrel by 8pm ET, while international oil benchmark Brent North Sea crude gained 6.%5 to $96.27 per barrel.<\/p>\n
Iran\u2019s military vowed to respond after the destroyer USS Spruance on Sunday fired on an Iranian-flagged cargo ship in the Gulf of Oman that tried to evade the US naval blockade. The strait of Hormuz, a vital conduit for the world\u2019s oil and liquefied natural gas, has been virtually closed since the start of the US-Israeli war with Iran.<\/p>\n
US military seized Iranian-flagged container ship, Trump says<\/p>\n
The US military took custody of an Iranian-flagged container ship that attempted to get past an American blockade near the strait of Hormuz, Donald Trump announced on Sunday.<\/p>\n
Read the full story<\/a><\/p>\n Tehran is not currently planning to take part in new talks with the US, Iran state media reported on Sunday evening, hours after Donald Trump<\/a> said he was dispatching negotiators to Islamabad.<\/p>\n Read the full story<\/a><\/p>\n Energy secretary says gas prices might not drop back under $3 a gallon until 2027<\/p>\n Asked by Jake Tapper, the CNN State of the Union host, when he thought \u201cit\u2019s realistic for Americans to expect the gas will go back to under $3 a gallon\u201d, Chris Wright replied: \u201cI don\u2019t know. That could happen later this year. That might not happen until next year.\u201d<\/p>\n Read the full story<\/a><\/p>\n Republican senator criticizes Trump\u2019s \u2018holy war\u2019 with Pope Leo<\/p>\n Senator John Kennedy of Louisiana, a long supporter of Trump and the ultraconservative Maga movement, condemned the president\u2019s attacks on the pope during a Fox News interview on Saturday.<\/p>\n \u201cI love the president like a taco,\u201d said Kennedy, using an odd turn of phrase. He added: \u201cI don\u2019t always agree with him, but I think he wants a better world. But I don\u2019t agree with him about this new holy war with the pope.\u201d<\/p>\n Read the full story<\/a><\/p>\n Pope Leo says he was not \u2018trying to debate\u2019 Trump over US attack on Iran<\/p>\n Pope Leo XIV said on Saturday that it was \u201cnot in my interest at all\u201d to debate the US president, Donald Trump, about the Iran war, but that he would continue preaching the gospel message of peace.<\/p>\n Read the full story<\/a><\/p>\n What else happened today:<\/p>\n