Trump sends mixed messages on securing the Strait of Hormuz

Washington — President Trump has sent conflicting messages about the Strait of Hormuz over the last few weeks as the world’s oil supply has been choked by the Iran war.  In a prime-time address Wednesday, Mr. Trump declared that Iran “has been essentially decimated” and “when the conflict is over, the strait will open up … Read more

Live Updates: Oil prices rise as Trump says Iran war take 2-3 more weeks, with no plan for Strait of Hormuz

  8m ago Oil prices surge, stocks fall as Trump offers “far less than what the market expected” Oil prices were sharply higher following Mr. Trump’s Wednesday evening remarks. Brent crude, the international standard, jumped 6.9% to $108.15 per barrel before early Thursday.  Benchmark U.S. crude rose 6.4% to $106.55 a barrel. While renewed optimism … Read more

Trump’s Strait of Hormuz remarks could concern Middle East

IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing Trump’s Strait of Hormuz remarks could concern Middle East 01:33 UP NEXT Trump threatens to bring Iran ‘back to the Stone Ages’ 01:00 Trump urges countries to take control of the Strait of Hormuz 00:53 Presidential power tested … Read more

Trump urges countries to take control of the Strait of Hormuz

IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing Trump urges countries to take control of the Strait of Hormuz 00:53 UP NEXT Presidential power tested again in birthright case 01:39 Parents hope Artemis II launch will inspire their kids 02:26 Artemis II successfully launches from Cape … Read more

How high could oil and gas prices go if the Strait of Hormuz remains closed?

President Trump’s comments to reporters on Tuesday that he expects the U.S. to end its war with Iran in two or three weeks is buoying investors by easing global oil prices and boosting stocks. Yet such optimism is certain to fade quickly unless Iran agrees to reopen the Strait of Hormuz soon, according to economists, who warn that crude prices … Read more

After Trump’s claim of a “present,” data show most ships getting through Strait of Hormuz are linked to Iran

A majority of the vessels that have passed through the Strait of Hormuz during the U.S.-Israeli war on Iran have ties to the Iranian regime, according to a new analysis from Lloyd’s List Intelligence. The information comes after President Trump’s assertion last week that Tehran gave him the “present” of allowing eight oil tankers through … Read more

Trump lashes out at European allies over Strait of Hormuz: “I’m not a gatekeeper for them”

Trump lashes out at European allies over Strait of Hormuz: “I’m not a gatekeeper for them” – CBS News Watch CBS News President Trump lashed out at European allies who he said haven’t done enough to help reopen the Strait of Hormuz to oil tanker traffic. Weijia Jiang has details. Source link

Key details on Iran war as Trump slams allies for Strait of Hormuz response

Key details on Iran war as Trump slams allies for Strait of Hormuz response – CBS News Watch CBS News President Trump is slamming U.S. allies for their lack of cooperation in the Strait of Hormuz. CBS News reporter Olivia Rinaldi, contributor Elliot Ackerman and correspondent Elizabeth Palmer have more. Source link