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Iran Announces Fuel Rationing As Brent Tops War Highs, After Trump Rejects Tehran's Latest Offer
Iran Announces Fuel Rationing As Brent Tops War Highs, After Trump Rejects Tehran's Latest Offer
Summary
Brent crude briefly reaches $119/barrel - Iran war high.
CENTCOM reportedly preparing for "short wave of strikes" on Iran in order to potentially break the Hormuz impasse & force Tehran back to the negotiating table. Trump rejects Iran proposal as it won't give up nuclear program.
Trump recently met this week with oil and gas executives at the White House to address energy fallout, and as oil pushes higher: Axios.
Trump warns Iran to "get their act together" and to...
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