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18 hours ago

An expert forecasts how the Iran war could hit your budget

Chair of the Joint Chiefs of Staff Gen. Dan Caine speaks as he displays a map showing the United States Navy's blockade of the Strait of Hormuz during a press briefing at the Pentagon on April 16, 2026, in Arlington, Virginia. | Alex Wong/Getty Images The aorta of the global energy economy has been clogged for more than a month now.  The closure of the Strait of Hormuz — the narrow waterway connecting the Gulf oil producers to global markets — has throttled worldwide energy production and driven up the prices of gasoline, diesel, fertilizer, plastics, and myriad other commodities.  T...

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18 hours ago
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