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3 min read

Melat Kiros’ upset in Colorado primary: how an insurgent campaign shifted power

Democratic socialist Melat Kiros beat Rep. Diana DeGette in a Colorado primary Tuesday, a stunning victory for the first-time candidate against a nearly 30-year incumbent

Why it matters: Democratic socialist Melat Kiros beat Rep. Diana DeGette in a Colorado primary Tuesday, a stunning victory for the first-time candidate against a nearly 30-year incumbent

3 min read

How Amanda Gonzalez’s primary win shifts leverage over Colorado’s election machinery

Amanda Gonzalez defeated state Sen. Jessie Danielson on Tuesday, winning the Democratic nomination for Colorado secretary of state, according to the AP. Why it matters: Her victory marks a...

Why it matters: Amanda Gonzalez defeated state Sen. Jessie Danielson on Tuesday, winning the Democratic nomination for Colorado secretary of state, according to the AP. Why it matters: Her victory marks a...

3 min read

Asian shares trade mixed as worries over Iran-US deal remain

Asian shares are trading mixed, as uncertainty remained about the war in Iran and access to the crucial Strait of Hormuz despite an initial U.S.-Iran deal

Why it matters: Asian shares are trading mixed, as uncertainty remained about the war in Iran and access to the crucial Strait of Hormuz despite an initial U.S.-Iran deal

ReportingPower Games
3 min read

Phil Weiser upsets Michael Bennet to win Democratic primary for Colorado governor

Colorado Attorney General Phil Weiser won the Democratic nomination for governor Tuesday, defeating U.S. Sen. Michael Bennet in a primary upset that underscored voter frustration with Washington.

Why it matters: Colorado Attorney General Phil Weiser won the Democratic nomination for governor Tuesday, defeating U.S. Sen. Michael Bennet in a primary upset that underscored voter frustration with Washington.

1 min read

Trump’s Pakistan Trip Calloff Signals Fading Iran Talks

Trump says the planned trip by Steve Witkoff and Jared Kushner to Pakistan has been canceled as hopes for Iran peace talks fade. That matters because a stalled back-channel can...

Why it matters: Trump says the planned trip by Steve Witkoff and Jared Kushner to Pakistan has been canceled as hopes for Iran peace talks fade. That matters because a stalled back-channel can...

1 min read

U.S.-Iran talks may reopen as regional diplomacy shifts

Talk is growing that renewed U.S.-Iran negotiations could restart as Tehran’s foreign minister heads out on a regional trip. That matters because even a small shift in diplomacy...

Why it matters: Talk is growing that renewed U.S.-Iran negotiations could restart as Tehran’s foreign minister heads out on a regional trip. That matters because even a small shift in diplomacy...

2 min read

Trump shifts from strikes to pressure in Iran

The White House has shifted from shock-and-awe strikes in Iran to a slower pressure campaign. That change matters because there is still no clear endgame, while the fallout spre...

Why it matters: The White House has shifted from shock-and-awe strikes in Iran to a slower pressure campaign. That change matters because there is still no clear endgame, while the fallout spre...

1 min read

Russian Oil Exports Slide as Ukraine Hits Ports and Refineries

Russian oil exports are falling under pressure from Ukraine’s strikes on ports and refineries, even with a U.S. sanctions waiver in place. The fight is not just about barrels. I...

Why it matters: Russian oil exports are falling under pressure from Ukraine’s strikes on ports and refineries, even with a U.S. sanctions waiver in place. The fight is not just about barrels. I...

2 min read

U.S. and Iran Turn the Strait of Hormuz Into a Blockade Fight

The fight between the U.S. and Iran has shifted into the Strait of Hormuz, where both sides are testing blockade power at sea. That matters because this narrow waterway is one o...

Why it matters: The fight between the U.S. and Iran has shifted into the Strait of Hormuz, where both sides are testing blockade power at sea. That matters because this narrow waterway is one o...

1 min read

Iran weighs talks as Trump presses for a deal

Iran is still weighing whether to enter talks as the ceasefire window narrows, while Trump says it is time for negotiation. That matters because a missed deal could push the con...

Why it matters: Iran is still weighing whether to enter talks as the ceasefire window narrows, while Trump says it is time for negotiation. That matters because a missed deal could push the con...

2 min read

Trump says he chose the Iran war himself

Trump says Israel did not talk him into war with Iran. That matters because it puts the decision squarely on the U.S. executive branch as the conflict strains support at home. T...

Why it matters: Trump says Israel did not talk him into war with Iran. That matters because it puts the decision squarely on the U.S. executive branch as the conflict strains support at home. T...

1 min read

U.S. Rules Out Trust as Iran Talks Resume

The U.S. ambassador to the U.N. says Washington will not trust Iran as peace talks move ahead. That matters because the tone of these talks can shape whether diplomacy lowers te...

Why it matters: The U.S. ambassador to the U.N. says Washington will not trust Iran as peace talks move ahead. That matters because the tone of these talks can shape whether diplomacy lowers te...

2 min read

Trump Says U.S. Marines Took Iranian Flagged Vessel as Hormuz Tensions Rise

The U.S. says its Marines took custody of an Iranian-flagged vessel as Iran reportedly rejected peace talks and kept pressure on the Strait of Hormuz. This matters because a shi...

Why it matters: The U.S. says its Marines took custody of an Iranian-flagged vessel as Iran reportedly rejected peace talks and kept pressure on the Strait of Hormuz. This matters because a shi...

2 min read

Trump Backs $50 Million U.S. Investment in South African Rare Earths

The U.S. government is backing a $50 million rare earths investment in South Africa to help reshape a supply chain dominated by China. This matters because critical minerals sit...

Why it matters: The U.S. government is backing a $50 million rare earths investment in South Africa to help reshape a supply chain dominated by China. This matters because critical minerals sit...

1 min read

Iran Threatens Hormuz Closure Until U.S. Lifts Port Sanctions

Iran says the Strait of Hormuz will stay shut unless the U.S. lifts its pressure on Iranian ports. That is a direct power move in one of the world’s most important shipping lane...

Why it matters: Iran says the Strait of Hormuz will stay shut unless the U.S. lifts its pressure on Iranian ports. That is a direct power move in one of the world’s most important shipping lane...

2 min read

U.S. extends Russian oil sanctions waiver after Iran war shortages

The U.S. Treasury quietly extended a waiver on sanctions for Russian oil shipments to help ease shortages linked to the Iran war. The move undercuts Scott Bessent’s recent denia...

Why it matters: The U.S. Treasury quietly extended a waiver on sanctions for Russian oil shipments to help ease shortages linked to the Iran war. The move undercuts Scott Bessent’s recent denia...

2 min read

Iran Says Strait of Hormuz Is Open, but Trump Keeps Pressure On

Iran says the Strait of Hormuz is open to commercial vessels, but its leaders are warning that the route could be threatened again if the U.S. blockade continues. That matters b...

Why it matters: Iran says the Strait of Hormuz is open to commercial vessels, but its leaders are warning that the route could be threatened again if the U.S. blockade continues. That matters b...

2 min read

Iran says it will keep Hormuz closed while U.S. blockade holds

Iran says it will keep the Strait of Hormuz closed again as long as the U.S. blockade of Iranian ports remains in place. That matters because Hormuz is one of the world’s most i...

Why it matters: Iran says it will keep the Strait of Hormuz closed again as long as the U.S. blockade of Iranian ports remains in place. That matters because Hormuz is one of the world’s most i...

2 min read

Iran Warns It Could Close the Strait of Hormuz as U.S. Pressure Deepens

Iran’s top negotiator has threatened to close the Strait of Hormuz if U.S. blockade pressure continues. That matters because this is not just a war of words. It is a warning abo...

Why it matters: Iran’s top negotiator has threatened to close the Strait of Hormuz if U.S. blockade pressure continues. That matters because this is not just a war of words. It is a warning abo...

1 min read

Trump says Iran talks could move again this weekend

Trump says a second round of talks with Iran could happen this weekend. The news matters because these talks can reshape the risk of war, sanctions pressure, and global energy s...

Why it matters: Trump says a second round of talks with Iran could happen this weekend. The news matters because these talks can reshape the risk of war, sanctions pressure, and global energy s...

2 min read

Democrats Press U.S. Energy Secretary on Iran War and Gas Prices

Democrats clashed with the U.S. Energy Secretary over how the Iran war could affect gas prices. The fight matters because it tests whether the administration is telling the publ...

Why it matters: Democrats clashed with the U.S. Energy Secretary over how the Iran war could affect gas prices. The fight matters because it tests whether the administration is telling the publ...

1 min read

Cuba defies U.S. pressure as blockade threats escalate

Cuba's president is openly defying fresh U.S. pressure as Washington threatens tighter energy restrictions. The fight matters because this is not just rhetoric. It shows how U.S...

Why it matters: Cuba's president is openly defying fresh U.S. pressure as Washington threatens tighter energy restrictions. The fight matters because this is not just rhetoric. It shows how U.S...

2 min read

U.S. Navy blockade tests Iran in the Strait of Hormuz

The United States has launched a naval blockade targeting Iranian maritime trade in the Strait of Hormuz. That matters because this is not just a military standoff. It is pressu...

Why it matters: The United States has launched a naval blockade targeting Iranian maritime trade in the Strait of Hormuz. That matters because this is not just a military standoff. It is pressu...

1 min read

War pressure is pushing U.S. prices higher

March inflation ticked up, and CBS News says the war with Iran is part of why prices moved higher. That matters because a foreign conflict is now feeding into the cost of living...

Why it matters: March inflation ticked up, and CBS News says the war with Iran is part of why prices moved higher. That matters because a foreign conflict is now feeding into the cost of living...

2 min read

Trump team pushes Iran talks as Vance heads to Pakistan

The Trump administration is sending senior officials into in-person talks with Iran while Vice President JD Vance calls the negotiations "positive" on his way to Pakistan. That...

Why it matters: The Trump administration is sending senior officials into in-person talks with Iran while Vice President JD Vance calls the negotiations "positive" on his way to Pakistan. That...

2 min read

Pakistan lowers the bar for US-Iran talks: keep the dialogue alive

The Islamabad summit is aimed at one modest goal: keep US-Iran talks from falling apart. That matters because even a fragile channel between Washington and Tehran can shape sanc...

Why it matters: The Islamabad summit is aimed at one modest goal: keep US-Iran talks from falling apart. That matters because even a fragile channel between Washington and Tehran can shape sanc...

2 min read

Iran war sends US inflation higher and rattles the economy

US inflation jumped in March as the war with Iran pushed new uncertainty through oil markets and consumer prices. The latest numbers show how a foreign conflict can quickly hit...

Why it matters: US inflation jumped in March as the war with Iran pushed new uncertainty through oil markets and consumer prices. The latest numbers show how a foreign conflict can quickly hit...

1 min read

Iran keeps Strait of Hormuz open — but under its watch

Iran says the Strait of Hormuz is open, but ships must coordinate with Iranian forces first. That keeps a vital shipping lane moving while leaving Tehran with a hand on the swit...

Why it matters: Iran says the Strait of Hormuz is open, but ships must coordinate with Iranian forces first. That keeps a vital shipping lane moving while leaving Tehran with a hand on the swit...

1 min read

Iran ceasefire hasn't eased U.S. gas prices yet

Gas prices in the U.S. are still elevated even after the Iran ceasefire. That matters because drivers are paying today for a global risk premium that has not cleared out of the...

Why it matters: Gas prices in the U.S. are still elevated even after the Iran ceasefire. That matters because drivers are paying today for a global risk premium that has not cleared out of the...

2 min read

Trump plays the Nixon gambit on Iran, and the stakes are global

Trump is using a hard-edged Iran threat to force movement, then pulling back once Tehran gives ground. That matters because when the White House turns crisis language into lever...

Why it matters: Trump is using a hard-edged Iran threat to force movement, then pulling back once Tehran gives ground. That matters because when the White House turns crisis language into lever...

2 min read

Iran says the Strait of Hormuz is closed as Israel strikes Lebanon

Iran says the Strait of Hormuz is closed, and that single claim can rattle oil markets far beyond the Middle East. It matters because a regional air war is now feeding into a gl...

Why it matters: Iran says the Strait of Hormuz is closed, and that single claim can rattle oil markets far beyond the Middle East. It matters because a regional air war is now feeding into a gl...

1 min read

Trump’s Iran deadline is rattling oil and stocks

Oil prices climbed and stocks slipped as traders braced for Trump’s Tuesday deadline on Iran. The market is reacting now because one presidential move can change the temperature...

Why it matters: Oil prices climbed and stocks slipped as traders braced for Trump’s Tuesday deadline on Iran. The market is reacting now because one presidential move can change the temperature...

1 min read

JPMorgan Says Gas Could Hit $5 If the Strait of Hormuz Stays Shut

Gas prices could jump to $5 a gallon if the Strait of Hormuz stays closed, according to a new JPMorgan analysis. The warning matters because one blocked waterway could shake ene...

Why it matters: Gas prices could jump to $5 a gallon if the Strait of Hormuz stays closed, according to a new JPMorgan analysis. The warning matters because one blocked waterway could shake ene...

2 min read

Trump’s Iran threat turns foreign policy into a pressure campaign

Trump fired off a profanity-laced ultimatum about Iran and the Strait of Hormuz, and it instantly raised the temperature of a volatile conflict. That matters because a president...

Why it matters: Trump fired off a profanity-laced ultimatum about Iran and the Strait of Hormuz, and it instantly raised the temperature of a volatile conflict. That matters because a president...

2 min read

French and Japanese ships break through the Strait of Hormuz blockade

The Strait of Hormuz is starting to move again after weeks of war shut it down. That matters because this narrow waterway is one of the world’s most important shipping lanes, an...

Why it matters: The Strait of Hormuz is starting to move again after weeks of war shut it down. That matters because this narrow waterway is one of the world’s most important shipping lanes, an...

2 min read

Trump plays Texas hold ’em with Senate endorsement

Donald Trump’s endorsement is the prize in Texas’s Republican Senate fight, and both camps know it. That matters because in a close primary, Trump’s blessing can decide who gets...

Why it matters: Donald Trump’s endorsement is the prize in Texas’s Republican Senate fight, and both camps know it. That matters because in a close primary, Trump’s blessing can decide who gets...

2 min read

G7 allies press Rubio on US plans for Iran

G7 allies are pressing U.S. Secretary of State Marco Rubio for a clear answer on American plans for Iran. The dispute matters now because the war is threatening the Strait of Ho...

Why it matters: G7 allies are pressing U.S. Secretary of State Marco Rubio for a clear answer on American plans for Iran. The dispute matters now because the war is threatening the Strait of Ho...

2 min read

FinancialJuice: US Secretary of State Rubio: sanctions relief on Russian crude is not a permanent policy for United States

The U.S. Secretary of State says sanctions relief on Russian crude is not meant to last. That matters because sanctions are one of the main tools Washington uses to pressure Rus...

Why it matters: The U.S. Secretary of State says sanctions relief on Russian crude is not meant to last. That matters because sanctions are one of the main tools Washington uses to pressure Rus...

2 min read

Rubio Shades NATO Allies Who Called Iran War ‘Not Europe’s War’

Secretary of State Marco Rubio pushed NATO allies to treat the Iran war as their problem too. That matters because the U.S. is trying to turn allied dependence on global shippin...

Why it matters: Secretary of State Marco Rubio pushed NATO allies to treat the Iran war as their problem too. That matters because the U.S. is trying to turn allied dependence on global shippin...

1 min read

Fed's Cook Says Inflation More of a Risk Now Due to Iran War

Federal Reserve Governor Lisa Cook says the Iran war has made inflation a bigger risk for the U.S. economy. That matters because the Fed may now stay tougher on interest rates,...

Why it matters: Federal Reserve Governor Lisa Cook says the Iran war has made inflation a bigger risk for the U.S. economy. That matters because the Fed may now stay tougher on interest rates,...

1 min read

BOE Must Be Patient in Considering Response to Middle East War, Says Breeden

The Bank of England says it should stay patient as the Middle East war begins to ripple through the economy. That matters because a rushed response could make inflation or growt...

Why it matters: The Bank of England says it should stay patient as the Middle East war begins to ripple through the economy. That matters because a rushed response could make inflation or growt...

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