Keep pulling the thread on Spirit Airlines.
Under a proposed Iranian law, Israeli vessels will be permanently banned from the Strait of Hormuz.
Spirit Airlines shut down due to rising jet fuel prices and the failure of a proposed $500 million government bailout.
Iran wants sanctions relief and the reopening of shipping lanes before making nuclear concessions, a sequence the U.S. opposes.
The White House and the Pentagon have informed European allies that their ordered missile systems will be delayed as the U.S. needs to replenish its own stockpiles.
U.S. Central Command has requested the deployment of the only U.S. land-based hypersonic missile capability to the Middle East, despite the system not yet being fully operational.
The collapse of Spirit Airlines has left 17,000 employees, contractors, and pilots without a job.
President Donald Trump is reviewing a new peace proposal from Iran to end the ongoing conflict.
The U.S. has fast-tracked $8 billion in arms sales to its allies in the Middle East.
President Trump stated that the U.S. plans to withdraw significantly more than the 5,000 troops the Pentagon previously announced would be removed from Germany.
Iran's parliament is set to approve a law that will place restrictions on which vessels can pass through the Strait of Hormuz.
China blocked Meta's planned $2 billion acquisition of the agentic AI startup Manis.
The Biden administration's decision to block the merger between JetBlue and Spirit Airlines prevented a nearly $4 billion capital infusion into Spirit.