President Trump announced a 20 percent fee on cargo through the waterway, despite his own administration’s position that such fees violate international law.
Category: Strait of Hormuz
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Trump’s Threat to Impose Fees in the Strait of Hormuz Contradicts His Aides
President Trump said the United States could collect tolls or fees, despite Vice President JD Vance and Secretary of State Marco Rubio saying no country […]
Will Oil Prices Rise as the US-Iran Truce Frays? The Answer Lies With China.
For decades, OPEC influenced the market by how much oil it produced. But China, the largest importer, is demonstrating its remarkable power over prices.
Will Oil Prices Soar as the U.S.-Iran Truce Frays? The Answer Lies With China.
For decades, OPEC influenced the market by how much oil it produced. But China, the largest importer, is demonstrating its remarkable power over prices.
Lindsey Graham’s Unexpected Death, and How Marco Rubio Is Running Venezuela
Plus, Sam Neill of “Jurassic Park” fame dies at 78.
Oil Prices Surge After Iran and U.S. Trade Strikes
The renewed hostilities posed fresh risks to ships seeking to navigate the Strait of Hormuz.
How Trump Failed to Secure the Strait of Hormuz in His Iran Deal
President Trump signed an agreement that Iran said gave it control of the waterway — and global energy supplies. Now, Iran’s military is violently asserting […]
Mojtaba Khamenei Vows Revenge as Iran’s Top Diplomat Is in Oman for Talks
Hours after a meeting between the foreign ministers of Iran and Oman, Iran announced it had fired a warning shot on a vessel taking an […]
Two Days of U.S. Strikes in Iran Signal a Sharp Escalation
U.S. forces hit more than 170 targets, including air defense systems, drone and missile storage sites, and military speedboats.
Bombing Iran Didn’t Work for Trump. Neither Did a Tentative Cease-Fire. Is There a Plan C?
The administration appears to be reverting to an all-stick, no-carrot approach. But it has yet to answer why it believes economic warfare and bombing will […]