As the war in the Gulf careens into its second month, dragging down the global economy with no off-ramp in sight, questions are deepening around what role China – a global heavyweight and diplomatic partner to Iran – is willing to play.

Oil tumbled after President Donald Trump again signaled a potential end to the Iran war, even as the Strait of Hormuz remains largely closed and more US troops head to the region.

Iran continued to retaliate across the region on Tuesday but markets saw hopes that fighting might ebb. Israel said it would occupy a large chunk of Lebanon even after the war ends.

Fox News host Johnny “Joey” Jones, who is Hegseth’s former colleague, urged both Trump and Hegseth to “get the hell out of” Iran as quickly as possible, while pointing to the limited “tolerance” most Americans have for foreign conflicts.

Pakistan's ambassador warns Iran's war-torn state is slowing U.S.-Iran talks as Islamabad pushes to facilitate diplomacy amid Trump's deadline extension.

The dollar fell Tuesday on hopes of an end to the U.S.-Israel war with Iran, though it remained on track for its best quarter since the fourth quarter of 2024.

The president says any deal with Tehran is "irrelevant" to when the US leaves the conflict, claiming that day could come in two to three weeks.

Higher gas prices will be only the start of the Iran war’s economic fallout if the conflict persists, analysts say. Cuts to Medicaid could force many hospitals to cut services or shut down. And a look at the dangers real estate agents face on the job.

President Trump is planning to deliver a prime-time address Wednesday night to "provide an important update on Iran," the White House said, as the president faces critical decisions in the monthlong war.