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Trump Cites Progress With 'More Reasonable Regime' - Mulls Uranium Seizure Op; Bessent Says Will 'Retake' Hormuz 'Over Time'
Trump Cites Progress With 'More Reasonable Regime' - Mulls Uranium Seizure Op; Bessent Says Will 'Retake' Hormuz 'Over Time'
Summary
Iran rejects 'excessive, illogical' US demands while Trump mentions 'progress' with a 'more reasonable regime'. Trump again threatens to destroy Iran energy sites and Kharg Island.
White House seriously considering ground operation to seize Iran's enriched uranium stockpile but also wants Tehran to negotiate handing it over willingly. Bessent: US will 'retake' Hormuz Strait 'over time'.
Bazan oil refinery in Israel's northern city of Haifa is on fire after a second apparent Iranian missile strike of the...
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Apr 14, 2026 / Dave DeCamp
Report: Saudi Arabia Pressing US To End Its Blockade of the Strait of Hormuz
Saudi Arabia is pressing the Trump administration to end its blockade of the Strait of Hormuz and return to negotiations with Iran over fears that the US move could lead to the closure of the Bab el-Mandeb Strait, according to a report from The Wall Street Journal. The Bab el-Mandeb Strait is another vital waterway […]
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Apr 27, 2026 / Tyler Durden
Bessent: IRGC Leaders 'Trapped' Like 'Drowning Rats' By US Blockade, Will Soon Face Uprising Over Coming 'Gasoline Shortages Next'
Bessent: IRGC Leaders 'Trapped' Like 'Drowning Rats' By US Blockade, Will Soon Face Uprising Over Coming 'Gasoline Shortages Next'
Summary
Bessent describes IRGC leaders as now "trapped like drowning rats" amid the enduring US naval blockade of Iranian ports, which will soon result in gasoline shortages, anger & uprising
Putin tells FM Araghchi that he's been in contact with the new Supreme Leader, and says Iran fighting for 'sovereignty'
After a weekend of stalemate malaise, Iran reportedly offers new proposal for opening ship traffic, while postponing the thorny nuclear issue; Rubio says 'will not...
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Apr 5, 2026 / Tyler Durden
Oil Up, Stocks Down As War Rhetoric Rises, Deadlines Loom
Oil Up, Stocks Down As War Rhetoric Rises, Deadlines Loom
After a long weekend of kinetic and verbal escalation (and a strong payrolls print), and with President Trump reminded Iran that his deadline for a deal looms, it is no surprise that oil prices are higher in early trading...
WTI topped $115...
Near post-war highs...
And despite the recent hope-filled decoupling of oil and stocks...
...S&P futures also weak, down around 0.7% in the early trading...
Treasury futures and gold are lower with USD/JPY near 159.70.
While the Iran conflict has established an ongoing state of caution...
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