Sen. Blumenthal Says US ‘Seems To Be on a Path’ Toward Putting Troops in Iran

WTI Steady After Biggest Cushing Crude Build In 3 Years; Imports From Venezuela Highest Since 2019 Oil prices remain lower this morning, following the US proposal for a ceasefire with Iran, but off the lows following Iran's rejection. “From the Iranian perspective, Trump’s actions this week have demonstrated that the US can be pressured when Iran threatens further escalation,” said Arne Lohmann Rasmussen, chief analyst at A/S Global Risk Management. Futures had already pared losses as Tehran fired a new wave of missiles at Israel, and signaled little willingness to compromise. Iran’s...

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Iranian Foreign Ministry spokesman Esmaeil Baghaei said on Wednesday that the US was repeating “big lies” about Iran’s nuclear program, comments that came after President Trump delivered his State of the Union address. In the address, Trump claimed he wanted a deal with Iran but that Tehran wouldn’t say “those secret words, ‘We will never […]