President Trump may postpone his visit to China while urging Beijing to assist in reopening the Strait of Hormuz amidst rising oil prices due to the Iran conflict.

The US and Iran have begun crunch peace talks in a bid to end their war - as Donald Trump posted on Truth Social to say Tehran is "losing big".

Gregory Daco of EY Parthenon told Reuters the consequences of the war will weigh on Americans across the income distribution, and likely lead to a slowing economy and higher unemployment by the end of...