New York Times

1. Oil Rises, Bringing Gains to 40% Since the Start of the War

   After surging about 10 percent on Thursday, oil prices had little reaction to the decision by President Trump to waive sanctions on the sale of some Russian crude.

2. Trump’s Move to Seize Oil Tankers Costs the U.S. Tens of Millions of Dollars

   Although President Trump said seizing tankers would be a financial boon, the cost of maintaining just one aging ship has already reached $47 million.

3. More Marines and Warships Being Sent to Middle East, U.S. Officials Say

   Iran’s response to days of aerial bombardment and long-range artillery strikes has proved more resilient than Trump administration officials anticipated.

4. Judge Quashes Justice Dept.’s Subpoenas of Fed, Crippling Its Pursuit of Trump’s Rivals

   Judge James E. Boasberg derided the U.S. attorney’s office in Washington for pursuing a case against Jerome H. Powell that appeared to be motivated by President Trump’s desire for vengeance.

5. Kennedy Center’s President, Richard Grenell, Is Leaving After a Tumultuous Year

   Since Richard Grenell was appointed by President Trump, the arts center has endured waves of cancellations and departures. It will soon close for lengthy renovations.