Speaker Mike Johnson said in a recent interview that he believes the GOP will grow its majority in the House, citing the rise of democratic socialism.
Meanwhile, the cost of Chinese goods rose at the fastest pace in nearly 20 years.
The Trump administration allowed the withdrawal of 172 million barrels from the reserve in March due to the Iran war.
A top Iranian official made the comments on Tuesday as a U.S. blockade of Iran continues.

The department accused a district court of interfering with the executive branch’s authority and duty to protect the public from potential threat.
The Justice Department said scholarships at the Virginia university appear to favor people of color.
In Alaska, two candidates of the same name are running for the U.S. Senate seat, while in Florida there are multiple competitive races.
When it rains, it spores in Arizona’s high country.

Trump said the increase in fuel prices was a relatively small cost for preventing Iran from having nuclear weapons.
CBP Chief Rodney Scott is planning an on-site review after bipartisan pushback over a border wall through the remote Texas park.
Rep. Ro Khanna cited a recent Yale study that found Medicare for All could save $1 trillion in healthcare costs.
Washington is seeking to bridge differences between Israel and Hamas over implementation of a Trump-backed plan for lasting regional peace.
Settlements often require companies to hire diversity executives, conduct external audits, and implement DEI training, the report states.
The votes are not binding, but they spotlight the party’s splintered views on ICE. The party’s platform will be determined at the 2028 convention.
The Democratic Party’s presidential nominating calendar had featured Iowa first from 1972 to 2020.
The judge rejected the tribe’s argument that the border wall’s construction would constitute a trespass on its reservation.
Clinics and activist groups allegedly misdiagnosed children with physical conditions so insurers would pay for gender procedures.
A glimpse into the world through the lens of photography.
The lawsuit claims Gomez failed to promote Wondermind Global after nearly $1.2 million in investments.
The expected visit follows Netanyahu’s recent rejection of parts of the Board of Peace proposal.