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Donald Trump said ExxonMobil and Chevron made too much money during the Iran war and should return part of their combined $26.5 billion second quarter profit to drivers. Key Points: Chevron earned $12 billion in the second quarter, up from $2.5 billion a year earlier, while ExxonMobil posted $14.5 b

The United States has spent $37.5 billion on its war against Iran so far, Defense Secretary Pete Hegseth told senators, though the true bill may run far higher. Key Points: Hegseth pegged the U.S. war against Iran at $37.5 billion during Senate testimony. The Pentagon is seeking close to double that

President Donald Trump said US-Iran talks in Qatar were making progress, sending oil lower and lifting market bets on a longer ceasefire. Key Points: Trump said Iran’s denuclearization was “moving along well” after meetings tied to talks in Qatar. WTI crude fell below $70 as traders priced in lower

Polymarket has more than $345 million in trades frozen over a single word, after traders split on whether the new US-Iran deal counts as permanent peace. Key Points: Polymarket holds over $345 million in trades on whether the US and Iran reach a permanent peace deal. The weekend agreement extends a

A U.S.-Iran peace deal set for signing Friday could spark a broad rally across risk assets, a leading crypto analyst said, as Bitcoin (BTC) topped $67,000, a two-week high. Key Points: Moonrock Capital's Simon Dedic says a signed Iran deal could ignite a sharp move across crypto and equities. Bitcoi