Iran defiant on strait as Trump tells Americans to accept high gas prices
Iran says it will keep restricting traffic in the Strait of Hormuz as tanker crossings fall to two a day and Brent crude rises 6.0%, traders said.
- On Friday evening, August 14, an Abu Dhabi National Oil Company vessel came under attack while transiting the Strait of Hormuz, with only two vessels passing through compared to more than 130 daily before the war began February 28.
- Tehran has imposed an effective blockade of the strait since the war began in February, carrying out strikes on commercial ships; Deputy Foreign Minister Kazem Gharibabadi declared early Saturday that Iran will enforce it until the U.S. accepts defeat.
- At a Garden City rally, President Trump justified paying "a tiny little bit more for your gasoline" to prevent "a very evil country" from obtaining nuclear weapons, as prices surged to about $4.08 per gallon, up 29% annually.
- Treasury Secretary Scott Bessent pledged Thursday that new financial measures against Iran are coming next week, while Iranian Foreign Minister Abbas Araqchi rejected restarting negotiations as mediation by Qatar and Pakistan has stalled.
- Regional tensions escalated Friday as Iran-backed Houthis killed four civilians in a Red Sea missile strike on Mocha and targeted Saudi Aramco with a drone, while crude oil futures gained 6.0% to 5.4% weekly and Democrats targeted Trump's energy-cost promise in November midterm elections.
31 Articles
31 Articles
Iran defiant on Strait of Hormuz as Trump tells Americans to accept high gas prices
Iran demands US admit defeat and accept blockade of Strait of Hormuz, while Trump insists on continued high fuel prices, hindering peace talks and.Strait of Hormuz blockade, Iran US tensions, Trump fuel prices, Iran's command Strait, oil exports waterway, Hormuz security, US sanctions Iran, Iranian Deputy Foreign Minister, President Donald Trump Iran, higher gasoline prices, global oil trade impact, peace talks Iran, Yemen Houthis attacks, regio…
Iran Defiant as Trump Tells Americans to Accept High Gas Prices
Iran called on the US to accept defeat while President Donald Trump blasted Tehran as "very evil" and told Americans to brace for continued high fuel prices as a result of the war. Progress toward peace talks and oil tanker traffic through the strategic Strait of Hormuz waterway remained halted, with no sign the warring parties were moving toward ending the conflict that the US and Israel launched on February 28.
West Asia war LIVE: Iran defiant on strait as Trump tells Americans to accept high gas prices
This strait will be opened and closed only under Iran’s command, and so long as you do not accept the reality of defeat and stop indulging in fantasies, Iran will continue to enforce the blockade, Iran’s Deputy Foreign Minister Kazem Gharibabadi said
Trump Declares ‘I’ll Never Apologize’ For Iran War Bringing Up Gas Prices: ‘I Did the Right Thing’
President Donald Trump declared on Friday he would “never apologize” for the higher gas prices Americans have paid since the beginning of the Iran War. The president made the remarks during a rally with law enforcement officials on Long Island to support Nassau County Executive Bruce Blakeman, the Republican candidate for New York governor. Trump mocked how Democrats “keep talking about affordability,” and how the press had been “screaming ‘what…
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