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Uncertainty looms as last oil tanker from Middle East arrives in California | First Thing

costs have risen in recent weeks, supply has not yet been severely affected as markets have continued to receive oil that was already in transit when the strait of Hormuz was closed. Meanwhile, [Donald Trump

Iran War timeline continues to shift. And, jury rules Live Nation acted as monopoly

costs**, and Airports Council International Europe, a group representing airport operators, has warned of a [potential "systemic jet fuel shortage"](http://npr.org/2026/04/16/nx-s1-5785258/jet-fuel-airline-cost-iran-war-oil) if traffic through the Strait doesn't normalize by month

Iran's foreign minister awaits U.S. delegation to Pakistan for peace talks

blockade is lifted.  Security personnel stand guard

Ships attacked in Strait of Hormuz. And, VA voters approve redistricting effort

Iran peace talks. **Aamir Qureshi/AFP via Getty Images** Aamir Qureshi/AFP via Getty Images - 🎧 **The extension of the ceasefire is not surprising because, despite his significant threats**, Trump's actions have made it clear that

European countries emerge as NATO leaders as U.S. role recedes

costs. Fresh disputes between Washington and NATO over the Middle East conflictare pushing European leaders to seriously consider a future in which the U.S. no longer leads the alliance. [![Defense Secretary Pete Hegseth testifies about

Top US Senate Democrats again try for war powers resolution – as it happened

costs for Australia’s Qantas by up to A$800m (****$570m) in the second half of this year**, the airline said on Tuesday. War in the Middle East has led jet fuel prices to more