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Oil prices rose at market open after President Donald Trump leveled a profanity-laden threat against Iran on Sunday. The president said if Iran didn't open the Strait of Hormuz by Tuesday, the US would target its power plants and bridges. As of 6 p.m. in New York, Brent crude was trading at $109.57 per barrel, after ending the session Friday at $109.24. West Texas Intermediate (WTI) was up 3% at $115 a barrel, after clearing $111.54 at market close on Friday. 'Tuesday will be Power Plant Day, and Bridge Day, all wrapped up in one, in Iran. There will be nothing like it!!! Open the Strait, you crazy bastards, or you'll be living in Hell - JUST WATCH!' The president posted to his Truth Social account on Sunday. After the US and Israel began bombing Iran in late February, Iran retaliated by essentially closing the Strait of Hormuz, through which a fifth of the world's oil and liquefied natural gas passes. That closure and other war-related shocks have ripped through the global economy. The average price of gas in the US now exceeds $4 for the first time since 2022, when Russia invaded Ukraine. The cost of groceries in the US is also rising. Jet fuel prices, too, are on the rise, reaching $195 at the end of March. Those rising costs, coupled with shortages, have pushed some airlines to pass on additional costs to travelers or cancel flights.

Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…