Trump’s Latest Oil Blockade Brings Bigger Economic Risks
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.
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.
President Trump is trying to choke off the country’s lifeline with a blockade of the Strait of Hormuz. But the Iranians are betting that his tolerance for political pain is limited.
Vice President JD Vance led the highest-level talks between the United States and Iran in nearly 50 years.
Iranian officials said that while Iran had approached the negotiations in good faith, the U.S. team had not gained the Iranian delegation’s trust.
Federal agents arrested a man whose mother served as a spokeswoman for the Islamist embassy captors during the hostage crisis that began in 1979.
President Trump’s cease-fire with Iran appears at risk as Vice President JD Vance heads to Pakistan for discussions with Iranian officials.
Official social media accounts for Iranian embassies have engaged in information warfare, but the ones in Africa appear to have taken the lead on the attacks.
The war with Iran is preventing huge amounts of oil from flowing out of the Persian Gulf, but the prices that many people track don’t fully capture the scale of the disruption.
Vice President JD Vance is leading negotiations this weekend toward an end to a war that he had opposed starting.
President Trump is citing the unwillingness of European nations to back the United States in the conflict as another reason to scale back or abandon the alliance. And he still wants Greenland.