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The Latest Breaking News from Axios

U.S. conducts massive bombing of strategic Iran Island, Trump says

Trump called the strike "one of the most powerful bombing raids in the History of the Middle East."

Axios

Trump turns to California offshore oil to help with Iran war

He invoked a Cold War-era law in a bid to boost oil production in the midst of the Iran war.

Axios

Scoop: Trump rejected Putin offer to move Iran's uranium to Russia

Securing Iran's 450 kilograms of 60%-enriched uranium is a key war objective.

Axios

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Subpoenas against Fed chair Powell tossed in scathing opinion

The judge accused the Trump administration of using the criminal investigation to pressure the head of the world's most important central bank to lower interest rates.

Axios

Exclusive: Serena Williams tells SXSW storytelling helps founders win investors

She says strong storytelling can make or break early-stage fundraising.

Axios

Scoop: Trump eases Venezuela sanctions on oil, fertilizer to blunt Iran war costs

The bottleneck of tankers in the Persian Gulf because of Iranian attacks has caused the costs of oil and fertilizer, a petrochemical product, to jump.

Axios

Exclusive: Ric Grenell departing as Kennedy Center head

Grenell will be succeeded by Matt Floca, who currently oversees bulding operations.

Axios

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Illinois' $50 million primary experiment

Raja Krishnamoorthi is hoping the better-funded candidate wins in Illinois' Senate Democratic primary.

Axios

Pentagon sends USS Tripoli, thousands of Marines to Middle East

The extra forces come as Iran continues to block traffic through the Strait of Hormuz.

Axios

Economy showed cracks pre-Iran attack, data shows

The economy was flashing stagflation signals even before the Iran conflict added an oil shock to the mix.

Axios

Hegseth claims Iran's supreme leader is "wounded and likely disfigured"

"He is scared. He is injured. He is on the run," Hegseth said.

Axios

Democrats move to censure GOP Reps. Randy Fine and Andy Ogles for anti-Muslim posts

Democratic leadership is working with rank-and-file lawmakers on a censure against Fine, sources told Axios.

Axios

Fears of a food shock rise as midterms loom

A potential new inflation headache threatens to ripple into food supply and grocery prices months from now.

Axios

AI policy's new power center

As lawmakers debate guardrails, the Pentagon showed how it can reshape the AI industry with a single contract decision.

Axios

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Axios

Scoop: Trump claimed in G7 call that Iran is "about to surrender"

24 hours later, Iran's new supreme leader vowed to keep fighting.

Axios

Ship escorts to start in Strait of Hormuz "soon," Trump officials say

Scott Bessent made the comments to Sky News as he confirmed the war had cost the U.S. $11 billion thus far.

Axios

"Awful f*cking idiot": Tensions erupt in Congress over Republicans' anti-Muslim posts

"We need more Islamophobia, not less. Fear of Islam is rational," said GOP Rep. Randy Fine.

Axios

Michigan attack investigated as "targeted act" against Jewish community

Police have promised additional security for Jewish facilities in the region.

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news in one place.

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Axios

Dems plan probes into companies, colleges that cooperated with Trump

Senate Judiciary members Adam Schiff, Sheldon Whitehouse and Richard Blumenthal are involved in planning discussions.

Axios

Trump's SAVE Act push creates new FISA problem for Mike Johnson

Reauthorizing Section 702 of FISA is shaping up to be a major headache for House Speaker Mike Johnson.

Axios

This military rebel group could join the Iran war next against the U.S.

The Houthis warned earlier this week that their "fingers are on the trigger."

Axios

What the Jones Act does and how a Trump suspension could affect fuel prices

Possible Jones Act waivers show how the Trump administration is scrambling to ease fuel price shock from the Iran war.

Axios

What it will mean for the economy if the Strait of Hormuz stays closed

If the military situation doesn't change soon, it will create a stagflationary drag on the U.S. economy.

Axios

48% of Americans blame Trump for high gas prices — more than any other factor

The spike in oil prices caused by the war is fast becoming a political liability for the White House.

Axios

White House outraged over new CBS News hire

The hiring adds to existing tensions between the White House and CBS News.

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