U.S. Encourages Flow of Iranian Oil While It Battles Iran
Treasury Secretary Scott Bessent said removing sanctions on Iranian oil would lower global prices.
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Treasury Secretary Scott Bessent said removing sanctions on Iranian oil would lower global prices.
The move comes after President Trump sharply criticized Prime Minister Keir Starmer for not supporting his initial military strikes on Iran.
President Trump first said the United States “knew nothing” about an attack on the gas field in Iran, which sent global oil and gas prices soaring. He then said he cautioned Israel against it.
The request, which the White House has not yet submitted to Congress, is already encountering some resistance.
A gathering in Brussels was meant to concentrate on jump-starting the E.U. economy. Instead, the fallout of the war in the Middle East took front and center.
President Trump said Israel was responsible for the attack, but vowed to “massively” destroy the gas field if Tehran hit Qatar’s energy facilities in retaliation.
A day of strikes on energy facilities and testimony in Washington to members of Congress.
Iran’s military retaliation, along with the political defiance of its new leaders, evokes a decades-old pattern of unrealized goals for American interventions in the region.
The TrumpRx website claims to offer the best prices for medications. Here’s where Americans still pay more — and much more.
In Washington on Thursday, President Trump is expected to press Sanae Takaichi for military help in the Strait of Hormuz. But she faces constraints on what she can offer.