Upshot: Oil markets tuning out Trump
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The Upshot
April 6, 2026

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WEEKLY HIGHLIGHTS FROM UPSHOT FRIENDS

A globe centered on North America, with the region impacted by the war against Iran overlaid on top of the United States.

Martín González Gómez/The New York Times

The Scale of the War in the Middle East in Five Maps

See how the area of the countries affected by the war compares with other parts of the world.

By Martín González Gómez

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The New York Times

The Islands That Give Iran Sway Over Hormuz

A U.S. invasion of islands in the world’s most vital oil corridor would come with extraordinary risks.

By Josh Holder and Adina Renner

IN CASE YOU MISSED IT

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The New York Times

Why We Chose to Go Back to the Moon

These lunar resources could be valuable to us on Earth and in space.

By Marco Hernandez, Malika Khurana and Kenneth Chang

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Justin T. Gellerson for The New York Times, left; Jamie Kelter Davis for The New York Times

‘I Got Back Every Penny’: Inside Trump’s Supercharged Tax Season

The law Republicans passed last year has so far been largely imperceptible to most Americans. That’s changing as tens of millions file their taxes this spring.

By Andrew Duehren

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Freddie Mac

Mortgage Rates Climb for 5th Week as Iran War Weighs on U.S. Housing Market

The average rate on a 30-year mortgage in the United States jumped to 6.46 percent, making it harder for buyers to afford homes.

By Gregory Schmidt

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