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Oil Prices Jump on Possible Iranian Supply Disruption

Oil prices surged by more than 2% on Tuesday as the prospect of disruptions to Iranian crude exports overshadowed possible increased supply from Venezuela. Brent futures jumped by $1.57, or 2.5%, to $65.44 a barrel by 1:22 p.m. EST (1822 GMT). U.S. West Texas Intermediate crude climbed $1.59, or about...

Initial Obamacare Enrollment Drops by 1.4 Million

About 1.4 million fewer people have enrolled in Obamacare coverage this year in the face of soaring premiums, according to an early report, following the expiration of the enhanced subsidies that helped lower the cost of health insurance for millions of Americans. Numbers published by the federal government Monday indicated...

Trump Says USMCA Is Irrelevant for US

President Donald Trump on Tuesday said the United States-Mexico-Canada trade agreement (USMCA) is not relevant for the U.S. but Canada wants it, as he pushed for companies to bring manufacturing back to American soil. "There's no real advantage to it, it's irrelevant," Trump said. "Canada would love it. Canada wants...

US Designates Three Muslim Brotherhood Chapters as Global Terrorists

The United States on Tuesday designated the Egyptian, Lebanese and Jordanian branches of the Muslim Brotherhood as global terrorists, citing in part what it called their support for Palestinian militant group Hamas. The move, which Washington formally set in motion last November, will bring sanctions against one of the Arab...

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