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“With steel prices at their highest levels in years, heavily affected by tariffs imposed by US President Donald Trump, that meant spending $4.89 a foot - for a total exceeding $300,000.”

“Gas prices, and especially diesel, have skyrocketed ever since the war with Iran began in February, as well as the war between Russia and Ukraine, which has been ongoing since 2022.”

“Diesel prices have soared in recent months because of the disruption to global supplies caused by the US-Israel war against Iran and the ongoing conflict between Russia and Ukraine.”

“Things have changed, however, since the start of the US-Israeli war on Iran in late February, and the subsequent end to the free flow of trade through the Strait of Hormuz, through which much of the country’s trade with the rest of the world passed.”

“WASHINGTON (AP) — State visits usually occur when two countries are on warm terms, but U.S.”

“Such is the worry over the Iran war stoking inflation that the US Federal Reserve defied Trump this week with its first interest rate rise since 2023.”

“Trump should exploit this divergence and convince Xi that Iran has become more costly than useful.”

“Trump is standing firm against the tide of public opinion here — as he has on the Iran War, tariffs, and other issues.”

“It was always likely that Iran’s revolutionary guards would match every stage of Trump’s escalation with counter-escalation, gambling that it could endure the pain longer than he could sustain an unpopular war, one that is fast eviscerating US global…”

“That’s down sharply from the nearly $US110 it reached earlier in the week on worries that the war with Iran will keep oil bottled up in the Middle East instead of going to customers worldwide.”

“US diesel prices soar past $6 a gallon, deepening strain for hauling everyday goods Diesel prices in the U.S. hit yet another record on Friday, soaring past $6 a gallon on average as Washington's war with Iran disrupts the world's flow of fuel.”