Reuters World News Oil prices, Gaza, Iranian soccer team and Anthropic
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Mar 10, 2026 Coverage of volatile oil markets and U.S. moves to ease sanctions and lower fuel costs. Shifts in Middle East diplomacy as focus turns to Iran and pauses in Gaza peace talks. Legal fight over AI safety as Anthropic sues the Pentagon. Humanitarian visas granted to Iranian women soccer players after asylum requests.
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Trump Says War Could End Soon While Threatening Iran
- Donald Trump claimed the Middle East war could end quickly while also threatening to escalate if Iran blocks tanker passage through the Strait of Hormuz.
- Markets eased after his comment, but Iran's domestic rallies and refusal to negotiate with the US show Tehran aims to grind the conflict into an endurance strategy.
White House Eyes Sanctions Relief And Domestic Waivers To Lower Fuel
- The White House plans to ease some oil-related sanctions to try to lower fuel prices amid Strait of Hormuz disruptions.
- Options discussed include waiving Jones Act constraints, environmental rules, fuel waivers, and temporary tax relief to move supply.
Tanker Transit, Not Short-Term Fixes, Will Move Oil Markets
- Advisors say short-term moves can only nudge oil markets; the key is restoring tanker movement through the Strait of Hormuz to calm panic.
- Trump has given mixed signals domestically, sometimes downplaying price spikes and at other times considering longer campaigns.