Trump Says He Wants To Invade Iran’s Kharg Island To ‘Take the Oil’

Oil Soars Over 10% In OTC Trading, Whether That Sticks Depends On How Long The War Lasts With war in the middle east raging, and the world's most important oil transit choke point - the Straits of Hormuz which accounts for 20% of daily global oil transit - "effectively" halted after at least three ships were attacked in the vicinity of the waterway - even as Iran’s Foreign Minister Abbas Araghchi told Al Jazeera TV his country has no intention to close the Strait of Hormuz and has kept it open...

President Trump has shown a curious characteristic of turning on those who want to hold him to account. Right at the beginning, we had the falling out with Elon Musk over the Big Beautiful Bill. Then, to Trump voters who wanted accountability on the Epstein Files, the president wrote: “I don’t want their support anymore.” […] The post Trump Torches MAGA — Blasts His Biggest (Now Former) Supporters appeared first on LewRockwell.

The Trump administration has issued a sanctions waiver allowing the purchase of Iranian oil for 30 days without the threat of US economic penalties, as it scrambles to address oil and gas prices that have been driven up as a result of the US and Israel launching a war against Iran. “Today, the Department of […]