New York Times

1. Iran War Drives Deeper Oil Shock Than Prices Reveal

   The war with Iran is preventing huge amounts of oil from flowing out of the Persian Gulf, but the prices that many people track don’t fully capture the scale of the disruption.

2. Consumer Spending, Engine of the U.S. Economy, Is Under Strain

   Higher fuel costs are raising food and travel prices, while a shaky stock market tamps down free spenders.

3. The Mass Purge of Immigration Judges, and Melania Trump’s Surprise Epstein Remarks

   Plus, your Friday news quiz.

4. With Iran Setting Limits, Strait of Hormuz Remains Thorny Politically

   Even after a cease-fire, Iran is keeping a chokehold on traffic, forcing countries to cut deals that could put them at odds with the U.S.

5. Tracking 7 of Mamdani’s Biggest Campaign Promises

   Zohran Mamdani based his successful campaign for mayor of New York City on several central pledges. Here’s an early look on where those stand.