Plus: SCOTUS considers Mississippi election case, Markwayne Mullin confirmed as DHS Secretary, and sometimes you randomly teleport to Waffle House.
The U.S.-Israeli war on Iran has now entered its fourth week. The de facto closure of the Strait of Hormuz by Iranian forces is being felt worldwide, as shipments of oil, natural gas and fertilizer have been drastically curtailed. A fifth of the world’s oil supply transits through the strait, and the price of oil is up by about 50% since the war began in…
Oil prices remained well north of $100 per barrel after markets opened Sunday, with the Iran war moving into its fourth week.Why it matters: The price suggests that traders don't see a near-term end to the conflict, or risks to oil transit in the Strait of Hormuz that's throttling supplies on an unprecedented scale.It's the first major trading since…
President Donald Trump issued a blistering ultimatum to the Iranian regime on Saturday night, one that raised the eyebrows of multiple political analysts and observers. Trump posted on Truth Social that Iran has 48 hours to reopen the Strait of Hormuz or else the U.S. will strike multiple energy plants in the country. He made the threat as global energy…
Iranian Foreign Minister Abbas Araghchi on Sunday said his country would not be “swayed by more threats” after President Trump threatened to “hit” and “obliterate” Iran’s power plants if the Strait of Hormuz is not reopened. “Strait of Hormuz is not closed. Ships hesitate because insurers fear the war of choice you initiated—not Iran,” Araghchi…
U.S. officials say assessments show at least a dozen Iranian mines in the Strait of Hormuz as President Trump backs off his threat to target Iran's energy infrastructure over claims of productive peace talks
President Donald Trump said Monday that he and the top leader of Iran could control the Strait of Hormuz if a deal to end the war is reached. Trump told CNN reporter Kaitlan Collins that the strait could be “jointly controlled” by the United States and Iran. “Maybe me? Maybe me. Me and the ayatollah,…
President Donald Trump floated joint control of the Strait of Hormuz and suggested he didn't know who was currently leading Iran when responding to a reporter on Monday morning.
Iran still has at least a dozen mines in the Strait of Hormuz, which are imperiling oil tanker traffic through the critical passage — but the US is working with the UK on a plan to clear them. The underwater explosives were identified as Iranian-manufactured Maham 3 and Maham 7 limpet mines, US officials told CBS News. The...
