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Trump Reinstates Iranian Blockade, Stuns With 20% 'Reimbursement Plan' On Cargo Transit, Oil Prices Surge
Trump Reinstates Iranian Blockade, Stuns With 20% 'Reimbursement Plan' On Cargo Transit, Oil Prices Surge
Summary
Trump says US blockade of Iran ports 'reinstated': states that US to be reimbursed at rate of 20% of cargo shipped for vessels wishing to transit.
Strikes escalated over weekend: US hit over 140 Iranian military targets; Iran attacks US-linked facilities across the Gulf.
Shipping tensions boil: Iran claims the strait is closed, but commercial vessels continue transiting under US protection.
Oil prices climb: on rising risk to global shipping & energy markets, as diplomacy clearly unraveling.
Strait of Hormuz...
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People take part in a rally outside the U.S. Supreme Court as justices hear arguments in two cases in which states have banned males from participating in female-only sports, in Washington on Jan. 13, 2025. Madalina Kilroy/The Epoch Times
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To say that the U.S. federal government is ‘a little less than truthful’ would be the understatement of the century. It’s expected that politicians bend the truth. When it comes to power and money, the incentive to lie is always there; and it’s very often chosen. But lying can turn into an addiction … a […]
The post Stop The Fraud: The Government Hates Competition appeared first on LewRockwell.
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