Oil Prices Fall Sharply After Iran Says Strait of Hormuz Is Open
But analysts said it was not clear how quickly the oil industry in the Persian Gulf would be able to get back to normal.
But analysts said it was not clear how quickly the oil industry in the Persian Gulf would be able to get back to normal.
Most Israelis wanted the fight against Hezbollah to continue. But Prime Minister Benjamin Netanyahu’s critics say he is showing that he cannot, or will not, stand up to President Trump.
Most Israelis wanted the fight against Hezbollah to continue. But Prime Minister Benjamin Netanyahu’s critics say he is showing that he cannot, or will not, stand up to President Trump.
Concerns over the Iran war led several Democratic senators who had rejected past bids to curb weapons transfers to Israel to vote to block the sale of bulldozers and bombs.
President Trump is confronting a crisis that is not bending to his narrative of a “pretty reasonable” new regime in Iran and all-but-assured victory for the United States.
Prime Minister Giorgia Meloni was once considered one of President Trump’s closest European allies. Their friendship now appears in danger.
The gathering ended with encouraging words, even as Israel continued to refuse to halt its military campaign against Iran-backed Hezbollah in Lebanon.
In a thinly veiled critique of the war in Iran, China’s leader said the world could not risk reverting “to the law of the jungle.”
The president did not say who would represent the United States in a potential next round of direct talks, though he ruled out being personally involved.
Oil markets shrugged it off, but the effort to hurt Iran could provoke retaliation that inflicts more damage on energy assets and the global economy.