But Xi himself had not made substantial comments until Tuesday, when he said the international rule of law “must be safeguarded.” “It must not be selectively applied or disregarded, nor should the world be allowed to regress to the law of the jungle,” he said during a meeting in Beijing with Sheikh Khaled bin Mohamed … Read more
DOHA, Qatar — Call it the world’s most dangerous toll booth. Iran is forcing oil tankers to take a new route in the Strait of Hormuz through a narrow passage controlled by its Revolutionary Guard, with some ships charged millions of dollars to transit, according to maritime data shared with NBC News. The new system … Read more
Trump reveals the ‘present’ the US received from Iran Iran sent at least eight oil tankers through the Strait of Hormuz this week as a “present” to the U.S. to prove negotiators’ authority, President Donald Trump said at Thursday’s Cabinet meeting at the White House. NEWYou can now listen to Fox News articles! President Donald … Read more
In 1971, Mike Wallace reported on the Middle East oil tanker business, noting that “the oil tanker may just be the single most remarkable money-making instrument in the world today.” Source link
With oil markets paralyzed by the war between the U.S. and Iran, the Trump administration is weighing a military operation to escort ships through a vital maritime chokepoint — a massive undertaking that experts say could already be in the preparatory stages. Since the U.S. and Israel’s war with Iran began two weeks ago, more … Read more
Treasury Secretary Scott Bessent signaled the U.S. Navy may begin to escort oil tankers in the Strait of Hormuz as the Iran war rages on. Mark Cancian, a senior adviser with the Center for Strategic and International Studies’ Defense and Security Department, joins CBS News with more. Source link
Iran has attacked multiple tankers near its territory and is striking oil facilities in nearby countries. Meanwhile, U.S. and Israeli warplanes and missiles are continuing to hit targets across Iran. In its first week alone, the Iran war has cost more than $11 billion, according to lawmakers briefed by the Pentagon. Charlie D’Agata has the … Read more
IE 11 is not supported. For an optimal experience visit our site on another browser. UP NEXT Severe Storms Linger as Deadly Tornadoes Tear Across Midwest 02:40 5 Disneyland Employees Hospitalized After Hazmat Situation 00:21 Woman Accused of Shooting at Rihanna’s Home Is Charged 00:29 Rickie Fowler and Dan Hicks Preview 2026 Players Championship 04:31 … Read more
IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing Two fuel tankers caught fire after strikes in Iraqi waters 00:43 UP NEXT Israeli adviser: Iranian people will need to ‘rise up’ 00:54 Kansas’ trans ID law invalidates 1,700 drivers’ licenses 01:30 Old intel may be to blame … Read more
President Trump is offering political risk insurance to any tankers operating near Iran as the Iran war continues. Jatin Dua, director of the Oceans Lab at the University of Michigan, joins “The Daily Report” to discuss. Source link