Gas Prices May Remain High Despite US-Iran Deal
The preliminary agreement may not have an immediate effect on prices at the pump. Damaged infrastructure and risky transport could keep costs up.
The preliminary agreement may not have an immediate effect on prices at the pump. Damaged infrastructure and risky transport could keep costs up.
The pace of the recovery will depend on how confident companies are that the deal between the United States and Iran will hold and be extended.
It is unclear if the U.S. intentionally struck the facility or knew what it was. Deliberately targeting civilian infrastructure could constitute a war crime.
Two water tanks serving thousands of people were damaged, the local authorities said. The U.S. military declined to comment.
The energy industry is planning for a future where the choke point on Iran’s southern coast is a lot less important.
Tehran’s digital warriors have continued to seek ways to gain an advantage in the conflict in a new phase of cyberspace operations.
The U.S. blockade of shipments through the Strait of Hormuz would last “for as long as it takes,” the defense secretary said.
President Trump, in vowing to systematically destroy civilian infrastructure and annihilate Iran’s entire civilization, appears to be creating evidence about his intentions.
President Trump has told Iran it must open the Strait of Hormuz by 8 p.m. Tuesday or face the consequences, although he has delayed previous deadlines.
The president said he would bomb Iran “back to the Stone Ages.” Until this administration, American leaders had insisted they were trying to follow international law in war.