
Trump Vows to Eliminate Iranian Ships Near Straits of Hormuz
The White House has issued a stern warning to Tehran, stating that U.S. forces are authorized to destroy any Iranian vessels attempting to bypass his newly imposed naval blockade.

The White House has issued a stern warning to Tehran, stating that U.S. forces are authorized to destroy any Iranian vessels attempting to bypass his newly imposed naval blockade.

Trump also warned China, threatening to impose a 50% tariff on its exports to the United States if it provides military support to Tehran.

Russia signals readiness to play a diplomatic role as Moscow steps up engagement with Tehran amid escalating regional tensions.

The pipeline, which has a capacity of seven million barrels a day, is up and running again after suffering damage from the Iran conflict on April 8.

Protests in Ireland and early fuel shortages in France point to mounting pressure as costs begin to feed through the economy.

Pakistani negotiators managed to ward off a threatened Tuesday night attack on Iranian infrastructure by the United States.

Three years after reducing its dependence on Russian gas, Europe is still heavily dependent on imported oil and on strategic routes. The supplier may have changed. The dependence has not.

The former adviser to the World Bank and the IDB believes the crisis will normalize within weeks, but will leave Europe weaker and more dependent.

The speech on Iran accelerates the energy shock and leaves Washington increasingly isolated from its own allies.

Brussels avoids speaking about it openly but the ghost of the 2020 COVID-19 crisis is beginning to reappear in the corridors of the EU.