U.S Lifts Sanctions On Iranian Oil In Effort To Stabilize Markets
The Trump administration has temporarily waived sanctions on Iranian oil purchases at sea for 30 days to stabilize soaring oil prices caused by the ongoing US-Israel conflict with Iran. Treasury Secretary Scott Bessent said the move would release about 140 million barrels of oil into global markets, helping to ease energy supply pressures. Oil prices […]
Trump Threatens To Delay China Trip If Beijing Doesn’t Help Reopen Hormuz
WASHINGTON (AP) — President Donald Trump is suggesting he may delay his much-anticipated visit to China at the end of the month as he seeks to ramp up the pressure on Beijing to help reopen the Strait of Hormuz and calm oil prices that have soared during the Iran war. In an interview Sunday with […]