Trump postpones Strait of Hormuz deadline as Iran escalates attacks on Gulf energy facilities, pushing oil prices higher and raising the specter of prolonged economic damage. The LaGuardia plane crash investigation reveals a critical delay in emergency response, while the $11 billion weekly cost of the conflict underscores the war's staggering financial burden. Business leaders warn this energy disruption could ripple through global markets for years, with Persian Gulf operations now a primary target in Tehran's strategy.

The conflict's economic fallout extends beyond immediate price spikes, threatening long-term supply chains and investor confidence.