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Secretary of Energy Chris Wright’s acknowledgment in a TV interview undercut President Trump’s earlier claim that price increases would be “short-term.”
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Traders, hopeful on Friday that a peace deal was near, were digesting the developments over the weekend.
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Two senior Hamas officials in Gaza said the group was prepared to relinquish some automatic rifles and other arms, a concession that falls short of Israeli-U.S. demands.
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The attempt by the Khayyats to influence foreign policy while discussions are underway about potential Trump family deals is an increasingly common feature of the president’s second term.
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Weighed down by President Trump’s approval ratings, some Republican incumbents are struggling to raise money while Democrats look for targets like a Tennessee seat south of Nashville.