President Trump officially slammed Tehran’s latest proposal through Pakistani mediators…
Iran’s demands include full sovereignty of the Strait and massive war reparations…
Trump fired back on social media accusing the regime of “playing games” for 50 years…
The White House says the naval blockade will remain in place with zero concessions…
Tehran is offering to dilute some uranium but refuses to ship the rest out…
Ambassador Mike Waltz says the U.S. is “absolutely prepared” to resume full hostilities…
European allies are reportedly panicked as the window for a diplomatic exit closes…
The deadlock has left global energy markets in a state of permanent high-tension…
Trump says Iran’s response to peace proposal “totally unacceptable”
- President Trump called Iran’s response to the latest U.S. ceasefire proposal “totally unacceptable.” He didn’t provide details on the issues he had with the response or what would come next.
- Qatar’s Prime Minister departed Miami, where he spoke with Mr. Trump’s Middle East envoy Steve Witkoff and Secretary of State Marco Rubio and had a one-on-one meeting with Vice President JD Vance. The efforts to end the Iran war were a topic.
- The Iranian Revolutionary Guards threatened to target U.S. sites in the Middle East if Iran’s tankers come under fire. The threat came a day after U.S. military forces fired on two Iran-flagged oil tankers to stop them from docking at an Iranian port in violation of the U.S. blockade.
Analysts warn of a “systemic shock” to global supply if the blockade hits 90 days…
Energy-linked stocks are the only green spot in a sea of red for global markets…
Gas prices at the pump are expected to jump another 15 cents by Wednesday…
Emergency reserves are being tapped by several EU nations to prevent blackouts…
The world is paying a high price for the standoff in the Gulf.
If you thought inflation was cooling off, $100+ oil is about to set it on fire again.