Ursula von der Leyen later due to meet new Hungarian leader who is seeking to unlock EU funds in return for reforms

Oil prices were up Monday as a standoff between the U.S. and Iran in the Strait of Hormuz remained despite a ceasefire, while Pakistan leaders were seeking to revive stalled talks between the two countries.

Trump and his national-security team doubt Iran’s offer to halt Hormuz ship attacks in exchange for ending the war

Soaring oil prices and the blockade are preventing food, fuel and medicine being delivered to millions of people in desperate need, say NGOs

The average cost of a gallon of gasoline hit $4.18​ on Tuesday, up $1.20 since the conflict in the Middle East started on Feb. 28.

Defense Secretary Pete Hegseth will face questioning from lawmakers Wednesday for the first time since the Trump administration launched the war against Iran, which Democrats have contested as a costly conflict of choice waged without congressional approval.

The former member of Congress called out President Donald Trump and Sen. Lindsey Graham (R-S.C.) while sharing the results of a recent survey.

Consumer prices were 3.5% higher than a year earlier, an increase in the annual rate of inflation from 3.4% in March.

By Joanna Plucinska and Alessandro Parodi LONDON, April 29 (Reuters) - European airlines are facing their biggest challenge since the COVID-19 pandemic as the Iran war pushes up jet fuel prices and buffets travel through the Middle East,