Cecilia Lei

Stocks and oil prices have been seesawing after mixed signals over the past couple of days.

But the pledge of restraint likely reflected recognition that provoking Iran further risked serious disruption of global energy supplies.

Concerns appeared high enough that Treasury Secretary Scott Besant revealed the administration was considering a major change in policy.

If that happened, the Treasury would follow a similar move to temporarily lift sanctioned Russian oil that was already in tankers.

Evan Halper is a business reporter with The Washington Post who explained the administration's reasoning.

But Halper notes that this strategy is not without risk.

European leaders expressed concerns about the cost of energy at a summit yesterday.

They are more vulnerable than the U.S.

to higher energy costs and asked for a moratorium on strikes aimed at energy facilities.

At the White House, Trump repeated that these current conditions wouldn't last forever.

CNN has a daily tracker of U.S.

gas prices and currently puts the national average at $3.88 per gallon, up 78 cents from this time last year.

Trump confirmed he was seeking $200 billion in new Pentagon funding for the war.

He was a revered icon of the farm labor movement, a national hero for the Latino community, and he left a legacy that inspired a bust in President Biden's Oval Office.

But now, a New York Times investigation alleging that the late Cesar Chavez sexually abused women and young girls in the 60s and 70s has left his admirers in shock, especially in California, the base of Chavez's movement with the United Farm Workers.

Yesterday, Governor Gavin Newsom said he was still processing the report.

The LA Times reports that the reaction in the state has been swift.

Dozens of schools, cities, parks, and libraries are pushing to rapidly strip Chavez's name from their buildings and streets.

And yesterday, California lawmakers said they reached a deal to rename the upcoming Cesar Chavez Day to Farm Workers Day.

Gustavo Arellano is a columnist for the LA Times who frequently writes about Latino culture and communities.