Axios: 40 Tankers Transited Hormuz Friday Night, But Real Crisis Is Diesel

Iran Believes It Can Outlast US Based On 'Munitions, Markets, & Midterms'; Trump 'Not Open' To Tehran's Latest Proposal As 'Tank Tops' Loom Summary Trump doesn't appear open to Iran's proposal which hinges on US naval blockade ending & nuclear issue being pushed to future negotiations (CNN). First crude-laden Japanese tanker from Saudi port exits Hormuz Strait successfully without Iranian interference. Iranian analyst describes that Tehran believes it can outlast Trump & the standoff with US in Hormuz, citing "munitions, markets, and the midterms." Will Donald Trump announce that the United States blockade of the Strait...

Every July 4th, politicians climb podiums, flags wave, a hundred million dollars’ worth of fireworks scatter across the sky, and somewhere between the hot dogs and the stadium-rock anthems, it becomes easy to confuse the theater of freedom with the substance of it.

Houthis Signal Red Sea Shipping Tolls In Mirror Image Of Iran's Hormuz Plan Houthis have entered the chat... Already multiple Saudi vessels have been targeted in the Red Sea region, forcing a number of tankers to U-turn, and now Yemen's Houthis are seeking to introduce their own 'toll system' for the Bab el-Mandeb Strait. "Yemen's information minister said intelligence confirmed IRGC advisers were directly involved in designing a Houthi-enforced toll system for the Bab el-Mandeb, mirroring Iran's contested claim to charge fees in the Strait of Hormuz," European media reports Wednesday. Source: Winward "The...