U.S. Encourages Flow of Iranian Oil While It Battles Iran
Treasury Secretary Scott Bessent said removing sanctions on Iranian oil would lower global prices.
Treasury Secretary Scott Bessent said removing sanctions on Iranian oil would lower global prices.
The move comes after President Trump sharply criticized Prime Minister Keir Starmer for not supporting his initial military strikes on Iran.
President Trump first said the United States “knew nothing” about an attack on the gas field in Iran, which sent global oil and gas prices soaring. He then said he cautioned Israel against it.
The request, which the White House has not yet submitted to Congress, is already encountering some resistance.
Attacks on oil and natural gas facilities this week could make it much harder for Persian Gulf countries to rebuild and restart production when the war eventually ends.
President Trump said Israel was responsible for the attack, but vowed to “massively” destroy the gas field if Tehran hit Qatar’s energy facilities in retaliation.
A day of strikes on energy facilities and testimony in Washington to members of Congress.
A day of strikes on energy facilities and testimony in Washington to members of Congress.
Our national security reporter David E. Sanger describes how President Trump is considering a risky commando operation at an Iranian nuclear site.
Our national security reporter David E. Sanger describes how President Trump is considering a risky commando operation at an Iranian nuclear site.