Trump Says He Told US Negotiators Not to ‘Rush Into a Deal’ With Iran

Trump Rejects Iran Offer, Prepares 'Short Wave' Strikes, As Oil Prices Soar & Congressional GOP Members 'Restless' Summary 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 "get smart" - and for...

Russian Governors Rush To Deny Fuel Crisis As Rationing Spreads Submitted by Charles Kennedy of OilPrice.com Russia's authorities and regional governors are racing to assure residents there are no fuel shortages amid an intensified Ukrainian drone campaign at Russian refineries and fuel supply roads. Ukraine has stepped up attacks this month on key fuel supply routes in its territories occupied by Russia, including Crimea and Mariupol. Several Russian regions have been experiencing fuel shortages as Ukraine hits Russian oil refineries. Last week, the Moscow Times reported that some gasoline stations in Moscow and...

The Pentagon has told Congress that it needs $80 billion to pay for the Iran war and other non-war-related costs, The Wall Street Journal has reported. The Pentagon had previously claimed that the war cost $29 billion as of mid-May, a number that doesn’t hold up to scrutiny, as an analysis from Stephen Semler of […]