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Crude oil prices fell to a three-month low Monday after President Donald Trump announced that the United States and Iran had reached a deal, which resumed tanker traffic through the Strait of Hormuz. Benchmark crude fell nearly 5% to around $83 per barrel, while U.S. West Texas Intermediate crude dropped below $81 per barrel for […]
Secretary of State Marco Rubio and Defense Secretary Pete Hegseth's jobs may be at stake if they continue to oppose President Donald Trump's Iran deal, a senior White House official warned.The threat emerged in a report published Sunday by the right-leaning Israeli daily Israel Hayom, which detailed a bitter internal White House battle over the emerging memorandum of understanding with Tehran."The debate has been settled. Those who oppose it may pay a personal price," a senior US official told the outlet.According to the report, Vice President JD Vance, envoy Steve Witkoff, and Trump envoy Jared Kushner have driven the push for a deal, arguing the Iranian regime is unlikely to collapse soon and that Gulf states — particularly Qatar — have pressed hard for an agreement.Rubio and Hegseth argued the opposite: that Iran is buckling under economic pressure and Washington should tighten the screws, not ease them. The two men had been the public faces of that harder line — touting "Project Freedom," a plan to reopen the Strait of Hormuz by force, only for Trump to shelve it hours after they publicly praised it.Trump has since sided firmly with the deal camp. Treasury Secretary Scott Bessent reportedly warned that lifting sanctions would be nearly impossible to reverse, but the Israel Hayom report said his objections changed the terms only slightly."This is an American game being managed with utter foolishness…Trump is acting badly and against the American interest, not only the Israeli one," Oded Ailam, a former senior Mossad official, told Israel Hayom.Sanctions on Iranian oil sales are expected to be lifted — at least in part — after the Strait of Hormuz fully reopens, according to the report.
Vice President JD Vance denied that Iran will receive "billions of dollars of assets" as part of a the U.S.-Iran deal that was announced Sunday and is set to be signed later this week.
Deal of SortsIt's a deal to negotiate a deal with a terrorist regime that suppresses its own people and seeks to dominate against little and big satan. The President pulled back from historic and impressive military superiority once the Iranians captured the Strait and held
A former national security official during President Donald Trump's first term sharply criticized his agreement with Iran to end hostilities.Miles Taylor, who served as National Security Council chief of staff in the first Trump administration, told MS NOW's Stephanie Ruhle that none of the terms the 80-year-old president had reached with Iran improved the situation from before he decided to launch the war in February."I'm going to go out there on a limb and say that I think this is on track to be the worst deal in American diplomatic history," Taylor said. "We don't have the text yet, but it's very, very hard to imagine there is a deal here that's any better than the deal we already had. In fact, if the initial reporting is to be believed, the Iranians think that they're on a pathway to get $24 billion in assets unfrozen, that would be more than 10 times what the Obama administration effectively helped unlock for the Iranians.""So put it another way we're paying 10 times, potentially paying 10 times what we did before to get the same promise from the Iranians, and in international law, there's nothing that you can say about their commitment to not pursue nuclear weapons," he added. "That's stronger than a promise. There is no global police force to require the Iranians to not pursue a bomb. So all we could get, the best we could get is a promise from the Iranians, a promise we already had and once."Taylor had a front-row seat to a decision that Trump made in his first term that set the war in motion."Donald Trump threw out [the Joint Comprehensive Plan of Action] in the first administration, when I was there," Taylor said. "I can remember the frustration of staff when Donald Trump did not have any plan to replace the Obama deal with tore it up, and now here we are again, potentially on the pathway to unlocking 10 times as much money for the Iranian regime to get the same agreement that we had previously.""Now, again, the devil will be in the details," he added, "but I have a feeling we're going to see the devil." - YouTube youtu.be
Federal Reserve to make first decision under Kevin Warsh as Middle East hopes ease inflation pressuresBusiness live – latest updatesCentral banks in the US and UK are expected to leave interest rates on hold this week as the peace deal in the Middle East is expected to ease inflationary pressures.The US Federal Reserve is expected to hold its benchmark interest rate at a range of 3.5% to 3.75% on Thursday, in what will be the first policy decision under new Fed chair – and Donald Trump’s pick – Kevin Warsh. Continue reading...
Vice President Vance said on Monday the U.S. has signed the preliminary agreement with Iran to open the Strait of Hormuz and that the text of the deal would be released this week. “We’ll be releasing the text this week and what everybody will see is that Iran doesn’t get a dime of money unless…
A senior U.S. The post Senior US Official Rejects Iranian Regime’s ‘Spin’ – No $12 Billion in Frozen Funds for Tehran Before Deal: ‘This Is a Pay-for-Performance Deal’ appeared first on The Gateway Pundit.