Business

Customs Launches Portal for Major Tariff Refunds

On Monday, the U.S. Customs portal will start accepting refund requests from businesses that paid President Trump's tariffs before the Supreme Court ruled them unconstitutional. Nickolai Hammar/NPR hide caption toggle caption Nickolai Hammar/NPR After weeks of waiting to hear how — or whether — the U.S.

U.S. Extends Short-Term Waiver for Russian Oil Purchases

The Trump administration on Friday renewed a waiver allowing the purchase of Russian oil and petroleum products at sea for about a month. The monthlong waiver on Russian oil and petroleum products came two days after Treasury Secretary Scott Bessent said he had no plans to extend the sanctions relief.

Morning Brief: Ceasefire, Blockade, CDC Nomination

Israel and Lebanon agree to 10-day ceasefire, U.S. military officials say the blockade of Iranian ports and ceasefire is holding, Trump nominates former Coast Guard doctor as CDC chief.

US Ends Oil Waivers, India Faces Energy and Political Strains

Skip next section South Korean President to visit India April 16, 2026 South Korean President to visit India South Korea'sPresident Lee Jae-myung is set to make a state visit to India from April 19-21 at the invitation of Indian Prime Minister Narendra Modi.

Major fire at Viva Energy Corio refinery near Geelong

Firefighters are battling a major fire at one of Australia's two operating oil refineries. The fire broke out just after 11 p.m. local time (1300 GMT/UTC) on Wednesday at the Viva Energy Group's refinery near Geelong in the Australian state of Victoria.

US blockade of Strait of Hormuz chokes Iran's oil exports

How will Trump's blockade of Iranian oil work? After US-Iran peace talks in Pakistan collapsed at the weekend, US President Donald Trump said the US Navy would block ships entering or leaving any Iranian port or coastal facility via the Strait of Hormuz.

Jet fuel surge could raise your next airfare

A worker fuels a Delta Airlines plane at Salt Lake City International Airport on April 09, 2026. As fuel prices continue to rise amid the war in Iran, airlines around the world are canceling flights and scaling back routes due to surging jet fuel prices.

Iran conflict sparks steep food and fuel price rises in Sudan

Aid officials gathered in Berlin for a conference on Sudan on Tuesday warned that the war in Iran and the wider Middle East has put even greater strain on the supply of food and fuel, three years into the African country's civil war.

Magyar's Win Shakes Central Europe

At the heart of Peter Magyar's victory in the Hungarian parliamentary election last weekend was more than just anger at high-level corruption and economic hardship.

US Naval Blockade of Iran Sparks Global Alarm

Skip next section Talks on Hormuz naval mission set for Friday — French presidency April 14, 2026 Talks on Hormuz naval mission set for Friday — French presidency A video conference to discuss an international "purely defensive mission" to secure the Strait of Hormuz announced on Monday will take place on Friday, the French president's office