*By Mike Teich*
President Trump pulled the United States out of the Iran nuclear deal Tuesday, abandoning the Obama administration's signature foreign policy accomplishment almost three years after it was agreed.
The oil market had already accounted for the likelihood Trump would abandon the deal, but volatility in oil prices could be affected by the tone of the president's statement, and the degree of the sanctions he imposes, said Patrick DeHaan, the head of petroleum analysis at GasBuddy.
"The more fiery the response from President Trump, the more oil prices could eventually rally," said DeHaan in an interview Tuesday with Cheddar.
A spike in oil prices might cause discretionary spending to drop, he said, adding that every penny the average price of oil rises, it takes $4 million a day away from the economy. While the initial increase in prices may make summer road trips a little more expensive for travelers, DeHaan doesn't anticipate a major impact on consumer spending until we hit a a more "psychological barrier" of $3 a gallon.
For the full interview, [click here](https://cheddar.com/videos/how-trumps-decision-to-withdraw-from-iran-nuclear-deal-affects-your-wallet).
Dr. Caitlin Bernard is facing disciplinary action after she spoke publicly about providing an abortion to a 10-year-old rape victim.
Oath Keepers extremist group founder Stewart Rhodes was sentenced on Thursday to 18 years in prison for orchestrating a weekslong plot that culminated in his followers attacking the U.S. Capitol in a bid to keep President Joe Biden out of the White House after winning the 2020 election.
Lawmakers in several states are embracing legislation to let children work in more hazardous occupations, longer hours on school nights and in expanded roles including serving alcohol in bars and restaurants as young as 14.
An Arkansas man who propped his feet on a desk in then-House Speaker Nancy Pelosi’s office in a widely circulated photo from the U.S. Capitol riot was sentenced Wednesday to more than four years in prison.
The rollout of his campaign Wednesday made clear that, at least for the time being, DeSantis intends to leave the dirty work of attacking Trump to his allies.
Texas Attorney General Ken Paxton has accused House Speaker Dade Phelan of being intoxicated during a legislative session and called for his resignation.
State attorneys general from around the country are teaming up to stop a company that's accused of making billions of robocalls.
Families are marking the one-year anniversary of the school shooting in Uvalde, Texas that left 19 children and two teachers.
Montana has become the first state to specifically ban people dressed in drag from reading books to children at public schools and libraries, part of a host of legislation aimed at the rights the LGBTQ+ community in Montana and other states.
Politicians in Washington may be offering assurance that the government will figure out a way to avert default, but around the country, economic anxiety is rising and some people already are adjusting their routines.
