Oil prices surge to a fresh wartime high amid growing fears the war in Iran could escalate with no resolution in sight.

The U.S. government has seized $450 million in Iranian cryptocurrency assets as part of a campaign to pressure the Iranian economy.

The United States government announced the seizure of $450 million in Iranian cryptocurrency assets, citing an ongoing effort to pressure the Iranian economy.

Stagflation risks rise as Iran war enters third month, Reuters reports. Economic pressures mount from prolonged conflict.

Stagflation risks are increasing as the Iran war enters its third month, according to Reuters.

Oil prices climb to a four-year high above $120 per barrel amid reports that President Donald Trump is considering further military action in Iran.

Oil prices have risen above $120 per barrel, reaching a four-year high following reports that President Donald Trump is considering further military action against Iran.

An Iranian lawmaker claims China, India, and Japan are paying transit fees for the Strait of Hormuz and continuing to purchase Iranian oil despite U.S. restrictions.

An Iranian lawmaker stated that countries including China, India, and Japan are paying transit fees for the Strait of Hormuz and continue to purchase Iranian oil despite existing United States sanctions.