Trump’s Actions in Iran and Venezuela Show Limits of U.S. Sanctions
America’s vast economic powers are able to wear down an adversary’s economy but are insufficient to topple leaders on their own.
America’s vast economic powers are able to wear down an adversary’s economy but are insufficient to topple leaders on their own.
In the lead-up to the U.S.-Israeli attack, President Trump downplayed the risks to the energy markets as a short-term concern that should not overshadow the mission to decapitate the Iranian regime.
Senate Democratic leaders called on President Trump to dispatch the senior cabinet officials to make the case to Congress and the American public for the war in Iran.
Iran appears to be targeting what it views as American vulnerabilities, including air defenses meant to guard troops and assets in the region.
The president and the Pentagon have cast blame on Iran for the mounting toll. More than 1,800 people have died in the war, including many civilians.
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.