How Long Will the Iran War Last? Trump Offers Conflicting Answers.
Now 11 days into an expanding military campaign, President Trump and his officials have given conflicting indications on how long the United States intends the war to last.
Now 11 days into an expanding military campaign, President Trump and his officials have given conflicting indications on how long the United States intends the war to last.
Investors now expect that the Fed will delay a rate cut until September instead of July, as they had before the war in Iran began.
The price of jet fuel and diesel has surged since the war in Iran began, which could force airlines and trucking companies to pass on higher costs to their customers.
The president said the U.S. could accompany tankers through the Strait of Hormuz if necessary to keep oil flowing. “We’ve already won in many ways, but we haven’t won enough,” he said.
After a video showed a Tomahawk missile hitting a naval base next to the school, President Trump claimed Iran possesses such weapons. But the U.S. developed the missile and has sold it only to a few close allies.
Ed Davey, the leader of the Liberal Democrats in Britain, said President Trump does not deserve the “diplomatic coup” of hosting the king for a state visit.
The global oil benchmark topped $100 a barrel late Sunday, putting Republicans on the defensive on an issue at the center of this year’s midterm elections.
The ordered departure of U.S. employees in the kingdom indicates that senior diplomats are bracing for a possible surge in violence in the war with Iran, officials say.
The U.S. and Israel have pounded Iran’s leadership and undercut its defense capabilities, but President Trump has offered wildly different explanations for what he hopes to achieve.
Masoud Pezeshkian, the Iranian president, apologized for Iranian strikes on Gulf states before backtracking after criticism from other Iranian leaders. Despite his remarks, Iran has continued its attacks.