The US and Iran are moving closer to signing an agreement to reopen the Strait of Hormuz that could potentially come as soon as Sunday with the Group of Seven world leaders set to meet next week. Abeer Abu Omar reports on Bloomberg Television. (Source: Bloomberg)
On Thursday morning, President Donald Trump threatened to hit Iran “VERY HARD,” seize its main oil export terminal at Kharg Island, and take “total control” of its energy industry. By the afternoon, he’d canceled it all on indications that Iran had approved “discussions and final points” toward a deal to reopen the Strait of Hormuz […]
Brent crude falls as optimism rises strait of Hormuz could reopen over the weekendBusiness live – latest updatesGlobal oil prices fell on Friday to lows not seen since the first week of the Iran crisis after Donald Trump claimed he was close to reaching a peace deal with Tehran.The price of Brent crude began to tumble from about $93 a barrel in overnight trade after the US president called off further military strikes against Iran scheduled for the evening. Continue reading...
Secretary of State Marco Rubio and Gov. Gavin Newsom (D-CA) are set to cross paths at the 2026 World Cup game in California on Friday. Though they land on opposite sides of the political spectrum, the two men will sit in the same box during the United States’ opener against Paraguay at SoFi Stadium, as […]
If the Knicks finish off the Spurs, 53 years of suffering will give way to about 53 seconds of euphoria before someone asks the two questions that ruin championship celebrations.
A chorus of Senate and House Republicans broke sharply with President Donald Trump Thursday over his escalating threats to Iran, with one loyalist invoking the specter of Vietnam and others warning the conflict will cost them in the midterm elections.The complaints grew louder within hours after Trump threatened to seize Kharg Island, a critical Iranian oil hub, in the latest of a string of statements that have whipsawed allies and adversaries alike — and for many Republican lawmakers, it was a threat too far, reported CNN."I don't support boots on the ground. I don't think America has the stomach for that," said Rep. Nick LaLota (R-NY), who declined to rule out backing a formal congressional vote to refuse to authorize the conflict — a move that would put him on a collision course with party leadership.The sharpest warning came from Sen. John Kennedy (R-LA), one of Trump's most reliable allies on Capitol Hill, who said he was "worried" about the Kharg Island plan and offered a blunt historical parallel that few in his party have been willing to voice."This is how it started in Vietnam," Kennedy said, while also acknowledging the steep economic toll the conflict is already exacting on American households.That toll is rapidly becoming the central anxiety for Republicans facing voters in November. Gas prices and inflation are spiking again, and many lawmakers say the White House has badly mishandled its messaging — a frustration compounded by Trump's recent remark that he "loves" inflation, which drew open bewilderment from members of his own party."Makes absolutely no sense to me," said Sen. John Cornyn (R-TX). “The fact that we’re not talking about or focused on the things that most people care about at election time, kitchen table issues, I think, is a problem.”Even Republicans who support the war agree the president and his administration have not done a great job explaining why it's necessary, and that could hurt GOP congressional candidates this fall."People often vote their pocketbook," said Rep. Kevin Cramer (R-ND). "If people don’t feel secure financially, they oftentimes obviously respond by choosing somebody else.”
Should a desperate Donald Trump sign off on the latest deal with Iran that led him to call off a major attack late Thursday, he would suffer a “major humiliation” based on leaked details.That is according to Insider editor Michael Weiss, who appeared on MS NOW’s “Morning Joe” on Friday morning and claimed that the president has come to the realization that he was duped into the whole endeavor.Pointing out that the president has announced an imminent deal is at hand countless times, co-host Joe Scarborough asked, “Why do we keep hearing the same thing over and over and over again when the Iranians have rejected this deal time and again, and hardliners in America have rejected this deal?”Weiss replied, “I mean, I just want to read you — Iran's Mehr News Agency put out their version of this deal. Now, again, underscore we ... don't know if this is going to be the memorandum of understanding. But in their version of the deal they get $300 billion in reconstruction money, $24 billion in a cash infusion, half of which will come before the negotiations begin.”“Remember, this isn't a deal, this is an agreement to keep talking and an extension of a cease-fire. There's nothing new in here,” he elaborated. “Again, the Iranian version that talks about the missile program or financing or arming terrorist proxies like Lebanese Hezbollah.”“I mean, this would be an utter humiliation. I could see why Trump would want JD Vance to go to a signing ceremony instead of Donald Trump,” he laughed.He continued, “If this is any pale shade of what this thing is going to look like — look, I think he knows he's being had. He knows he's been abased by a regime that shouldn't exist by his lights, right? We were going in to do regime change. The Israelis certainly thought we were going to do regime change. We were going to arm the Kurds. We were going to install Ahmadinejad, a Holocaust-denying former president, as our preferred satrap."All of these plans came to dust, and he just wants out of it. I think [MS NOW’s] Jonathan [Lemire] is right: he's got buyer's remorse. He thinks he's been sold a bill of goods. He probably has been. And he just wants this thing over and done with. He's already looking at Cuba.” - YouTube youtu.be
Trump canceled new Iran strikes and signaled that a peace deal could come soon, but Iran says it hasn't been finalized. And, the U.S. men's soccer team plays its first 2026 World Cup match today.
