US EditionTrump's limited options to curb Iran war oil price surge
President Trump is weighing a limited U.S. troop deployment to secure Iran’s nuclear sites amid risks of escalation and ongoing military and diplomatic efforts.
- On Monday the White House said President Donald Trump was reviewing 'all credible options' to keep energy prices under control while Trump's energy team coordinates closely with relevant agencies.
- Since February 28 sea traffic through the Strait of Hormuz has virtually halted, carrying one-fifth of global crude, while Emmanuel Macron said allied naval forces are preparing a 'defensive' mission to reopen it after the hottest conflict phase.
- Release of reserves cannot fully offset the loss of 20 million barrels a day through the Strait of Hormuz, experts say, despite the SPR being partly replenished to 415 million barrels.
- Facing the central challenge of stopping Iran's nuclear ambitions without sparking a wider war, officials weigh intensified bombing of Iran's nuclear and military infrastructure while President Donald Trump considers limited U.S. ground troops, risking escalation.
- Weeks earlier, the U.S. and Iran held indirect talks in Oman and Geneva, ending without a deal, while Iran now appears weaker after strikes, potentially giving Washington leverage, the source said.
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TRUMP: THE WAR ON IRAN IS NEARLY OVER
Emirates 24/7 — U.S. President Donald Trump announced on Monday that the ongoing war with Iran is nearing its end, stating that military operations are progressing at a pace far exceeding the administration’s initial estimates. In an interview with CBS News, Trump noted that the United States is "well ahead of the initial four-to-five-week timeframe" set for the conflict, adding that the Iranian war is "largely over and could conclude very soon.…
U.S. President Donald Trump said Monday that the offensive against Iran is...
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Trump's limited options to curb Iran war oil price surge
US President Donald Trump is under pressure to curb oil prices sent skyrocketing by the war with Iran, but has only limited tools to fix a problem that is shaking the world economy and is politically toxic at home.
Trump reviewing options to bring soaring oil prices under control: Report
With oil prices soaring above $100 a barrel due to the Iran conflict, President Trump is set to consider emergency measures to stabilise fuel costs and energy markets. The White House is actively exploring options ahead of the US midterm elections to mitigate economic impacts on businesses and consumers.
Trump's options include sending Delta Force to destroy nuclear sites and seizing 400 kilos of enriched material.
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