Iran pursued its strategy of economic warfare on Thursday, attacking two oil tankers in the Persian Gulf and repeating its threats to cut off oil shipments through the vital trade route.
The Dow Jones Industrial Average dropped more than 500 points in midday trading.
Iran and its proxies continue to launch strikes, including against oil tankers in the Gulf, while Israel says they scored “extensive” hits.
On Wednesday’s “CNN News Central,” Rep. Mark Alford (R-MO) said that the U.S. shouldn’t ease energy sanctions on Russia and “I’m not for releasing sanctions on these nations that are out of bounds, basically.” Co-host John Berman asked, “Nick’s reporting
The 32 member countries of the International Energy Agency unanimously agreed Wednesday to release 400 million barrels of oil from their emergency reserves, the largest coordinated stock release in the agency’s 52-year history.
The International Energy Agency has proposed the largest release of oil reserves in its history to bring down crude prices that have soared during the U.S.-Israel war with Iran, the Wall Street Journal reported Tuesday.
All eyes turn to the international energy markets as multiple cargo ships were attacked in the critical Strait of Hormuz supply chain chokepoint off the coast of Iran, while leaders of the world’s major economies are set to meet later today to discuss the largest ever release of emergency oil reserves.
On Tuesday’s broadcast of CNN’s “The Arena,” Rep. Jake Auchincloss (D-MA) stated that if the Strait of Hormuz isn’t cleared, “we’re going to demonstrate to the world that Iran has a veto over Middle Eastern policy.” He also said that
On Tuesday’s broadcast of Newsmax TV’s “Rob Schmitt Tonight,” White House Senior Counselor for Trade and Manufacturing Peter Navarro discussed Iran and said that “it’s not just that there’s an imminent national security threat because of the ballistic missiles and
President Donald Trump issued a stern warning to the Iranian regime Tuesday against putting mines in the Strait of Hormuz as the United States destroys “inactive mine laying boats.”
Asian nations are bracing for high costs and shortages of gas from the Iran war, as Tehran halts the flow of energy products.
Farage’s Reform is paying for motorists to buy cut-rate fuel for one day to give a taste of what pump prices would look like if he were PM.
Stocks rose and oil prices fell on Monday after President Trump indicated that the war with Iran was nearing its end.
It took Wall Street a while to come around, but the stock market has finally embraced the president’s worldview.
The overnight panic in oil and stocks was replaced by calmer markets on Monday morning.
U.S. Secretary of the Interior Doug Burgum on Sunday confirmed a $100 million gold shipment from Venezuela arrived to the United States on Friday, days after he met with “acting President” Delcy Rodríguez.
Oil prices surged past $110 a barrel on Sunday evening, topping $100 for the first time in nearly four years, as the war in the Middle East entered its ninth day with no end in sight and the Strait of
Oil prices continued to climb rapidly on Friday following remarks by President Trump that there would be no deal to end the war with Iran short of an “unconditional surrender.”
Seemingly under intense pressure from China, Iran’s terrorist Islamic Revolutionary Guard Corps (IRGC) modified its threats to close the vital Strait of Hormuz to worldwide oil shipping, claiming that it would only attack American, Israeli, and European ships.
U.S. Secretary of the Interior Doug Burgum on Wednesday announced that America will be working together with Venezuela to tap into the country’s mining sector after meeting with “acting President” Delcy Rodríguez.
Russia said Tuesday that President Vladimir Putin plans to relay concerns from Gulf Arab leaders to Tehran over Iranian strikes on regional oil infrastructure, as Moscow seeks to use its dialogue with Iran to help ease escalating tensions between countries that include fellow BRICS members Russia, Iran, and the United Arab Emirates.
President Donald Trump on Tuesday said the United States Navy will escort oil tankers through the Strait of Hormuz if necessary and directed the U.S. International Development Finance Corporation to provide war-risk insurance for maritime shipping in the Persian Gulf
China is pleading with Iran to keep the Strait of Hormuz open for oil shipments, but the terrorist Islamic Revolutionary Guard Corps (IRGC) insisted on Monday that any ship attempting to pass through the strategically vital strait will be “set ablaze.”
Venezuela’s socialist “interim” leader Delcy Rodríguez held a phone call on Monday with the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani.
Venezuela experienced a sharp increase in its oil exports in February following the arrest of deposed socialist dictator Nicolás Maduro, Bloomberg News reported on Monday.
The Iran war hit markets hard Tuesday morning.
President Donald Trump touted the results of his energy policies in Corpus Christi, Texas, on Friday, including falling gas prices, increased oil and natural gas production, and rising liquified natural gas exports.
President Donald Trump touted a long list of his administration’s accomplishments to begin his State of the Union address before Congress on Tuesday.
President Donald Trump announced during his annual State of the Union address on Tuesday night that the United States has received 80 million barrels of oil from the socialist rogue state of Venezuela this year, a development made possible by the arrest of its dictator, Nicolás Maduro.
The Reuters news agency reported this weekend, citing 11 different anonymous sources, that the Cuban Communist Party has begun withdrawing its agents in the country, including both “security advisers” and slave doctors from Venezuela.
Far-left President of Colombia Gustavo Petro on Sunday acknowledged that the Ocean Mariner, an oil tanker intercepted by the U.S. Coast Guard near Cuban waters this month, had loaded fuel in Colombia.
India on Friday joined the Pax Silica framework, a U.S.-led effort to create a secure supply chain for critical technologies that would be immune to meddling from China. India’s membership had been in doubt due to trade tensions with the United States under President Donald Trump.
Cuban Foreign Minister Bruno Rodríguez met with his Russian counterpart, Sergey Lavrov, on Wednesday.
Iran’s Islamic Revolutionary Guard Corps (IRGC), a designated terrorist organization, closed the strategically vital Strait of Hormuz for a few hours on Tuesday to conduct live-fire naval drills.
A report in a Kremlin-friendly publication claimed that the Russian government is “expected” to send oil to Cuba.
Russian Foreign Minister Sergey Lavrov complained on Wednesday that America is “discriminating” against other countries in its handling of Venezuela’s oil industry following the arrest of narco-terrorist socialist dictator Nicolas Maduro.
The largest airlines in Canada announced on Monday and Tuesday that they would be suspending flights to Cuba for the immediate future as a result of the Castro regime announcing it no longer had any jet fuel.
Mexico, China, and Russia vowed to provide assistance to the ailing Cuban regime this week — but none offering to provide the oil that the ailing communists desperately seek.
The Communist Party of Cuba warned airlines operating in the country that it would soon run out of jet fuel, reports revealed on Monday, potentially lasting through the middle of March.
Chinese Foreign Minister Wang Yi, welcoming his Cuban counterpart Bruno Rodríguez, offered China’s support “to the best of our ability.”
