Author: News

Oil Prices Jump to over $70 amid Iran War, Strait of Hormuz Shipping Fears

Oil prices spiked Monday to nearly $80 a barrel amid the United States’ war with Iran, as shippers are being cautious about entering the Strait of Hormuz – a major shipping channel. 
International standard Brent crude prices reached a new 52-week high on Monday, increasing by 8.6% at $79.11 per barrel, while U.S. oil traded 7.6% higher at $72.12 per barrel, The Associated Press reported. Meanwhile, natural gas futures in Europe increased more than 40% after Qatar halted production due to the war.

House Oversight Panel Investigates Funding Behind Riots Against ICE in Minnesota

The House Oversight and Government Reform Committee is investigating the funding behind riots against U.S. Immigration and Customs Enforcement in Minnesota, Chairman James Comer announced Monday.
Comer, Rep. Pat Fallon, R-Texas, and House Oversight Committee Republicans are examining the funding sources of riots and obstructing ICE operations.

US Tariff Lawsuits Returned to Trade Court to Determine Next Steps

REUTERS–A U.S. appeals court on Monday returned the lawsuits that led to most of President Donald Trump’s tariffs being struck down to the U.S. Court of… Read More

The post US Tariff Lawsuits Returned to Trade Court to Determine Next Steps appeared first on The Daily Signal.

IRS Rescinds Collective Bargaining Agreement With Its Largest Union

https://bonginoreport.com/economy/irs-rescinds-collective-bargaining-agreement-with-its-largest-union

FedEx Sued by Customers Demanding Tariff Refunds Following High Court Ruling

https://bonginoreport.com/economy/fedex-sued-by-customers-demanding-tariff-refunds-following-high-court-ruling

Iranians Dance in the Streets of Tehran After Khamenei’s Death

https://bonginoreport.com/top-stories/iranians-dance-in-the-streets-of-tehran-after-khameneis-death

FBI Confirms Terrorism Task Force Investigating Texas Bar Shooting That Left 2 Dead

The shooting suspect, who was not named, also died, according to authorities.

Trump Announces US Military Sank 9 Iranian Navy Ships

Iran’s naval headquarters was also ‘largely destroyed’ in the operation, the president says.