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Oil Jumps As Trump Says Mulling Restart Of Project Freedom, Which Could Mean New Hormuz Clashes With Iran
Oil Jumps As Trump Says Mulling Restart Of Project Freedom, Which Could Mean New Hormuz Clashes With Iran
Summary
Trump mulls restarting Project Freedom in Hormuz and says forcibly retrieving 'nuclear dust' is still on the table, oil jumps on headline.
Iran Foreign Ministry: "Everything we proposed in the text was reasonable and generous." However, US officials insist on their "unreasonable demands."
Saudi Arabia condemns Iran for its latest drone attacks targeting the UAE, Qatar and Kuwait on Sunday.
Qatari LNG tanker abruptly U-Turns In Hormuz chokepoint after earlier in weekend an initial one made it...
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Authored by Jack Phillips via The Epoch Times (emphasis ours),
The average price for a gallon of gasoline hit its highest level in four years on Tuesday as the cost of a barrel of oil remains elevated amid the conflict with Iran, according to a prominent analyst.
Customers pump gas at a gas station in Miami on April 13, 2026. Joe Raedle/Getty Images
The national average price for a gallon of gas was $4.17, “the highest level since 2022,” and surpassed the...
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Tune In To Tonight's Fertilizer Debate: How Bad Will It Get?
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As we covered earlier this week, Goldman Sachs analysts now say the fertilizer disruption is larger than expected, with nitrogen markets taking the brunt. Urea prices have risen 50% to 70% since the conflict began. Goldman’s Duffy Fischer wrote that “nitrogen fertilizer is the most impacted chemical chain,” adding that the scale of disruption is “greater than we originally expected.”
And signs of improvement have yet to reveal themselves…
As the U.S.–Iran conflict enters its seventh week, ZeroHedge, in partnership with...
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