Trump Says He Is Considering Suspending Federal Gas Tax

Pentagon Weighing Permanent Smaller US Presence In Gulf (Just Don't Call It Retreat) Already US officials have signaled they may just abandon hard-hit bases in the Middle East altogether, in the wake of Iran's retaliation as a result of Operation Epic Fury, and a conflict that's dragged on for nearly six months. On Tuesday The Washington Post reviews the damage control underway, as the Pentagon 'evaluates' its future military footprint. All of this is framed as if Washington has a choice and full control over the matter, when it seems that...

Iran To Grant China, 'Friendly' Countries 'Special Consideration' On Hormuz Fees Via The Cradle Iran's ambassador to China stated on Saturday that the Islamic Republic would impose service fees on vessels transiting the Strait of Hormuz, but that China and other "friendly" countries would be granted "special considerations." During a speech at the World Peace Forum in Beijing on Saturday, Iranian Ambassador Abdolreza Rahmani Fazli affirmed that Iran was working in "collaboration and cooperation" with Oman on "new arrangements" for the strait. via Associated Press Ships passing through Hormuz, through which one-fifth of the world's oil...

Vice President JD Vance said in an interview that Iran must agree to meaningful reductions in its uranium enrichment capabilities. The statement appears to be a shift in policy, as Washington has demanded that Tehran completely eliminate its enrichment program.  “If you don’t want a nuclear weapon, then why do you need 60% enriched fuel? […]