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US President Donald Trump says countries "like the United Kingdom" who can't get jet fuel because of the restrictions around the Strait of Hormuz should “build up some delayed courage, go to the Strait, and just TAKE IT". In a post on Truth Social, he writes countries will “have to start learning how to fight for yourself, the U.S.A. won’t be there to help you anymore, just like you weren’t there for us," addressing countries "which refused to get involved in the decapitation of Iran". "Iran has been, essentially, decimated. The hard part is done," the post adds, ending with:...

The news sent California Gov. Gavin Newsom, activist Jane Fonda, and their ilk into a frenzy. In mid-March, Donald Trump signed an executive order invoking the Defense Production Act, a 1950 Cold War-era law, to force the restart of a dormant offshore oil operation along the California coast. Of course, the Golden State immediately sued — how dare we produce our own energy! That litigation is ongoing, but in the meantime, the oil is officially pumping, and it’s coming out fast: Sable Offshore officially commenced oil sales through the Santa Ynez Pipeline System Sunday, marking the first time the network...

What happened The U.S. is allowing a sanctioned Russian “shadow fleet” tanker to deliver oil to Cuba, President Donald Trump said Sunday, effectively breaking his de facto blockade. “If a country wants to send some oil into Cuba right now, I have no problem with that, whether it’s Russia or not,” he told reporters on Air Force One. Who said what Trump’s administration has gone after Cuba “more aggressively than any U.S. government in recent history,” The Associated Press said. The oil blockade was “an effort to force regime change,” but it has had “devastating effects” on civilians, “leaving many...

The U.S. war on Iran set up Russia’s economy for a major rescue after oil prices soared after the closure of the Strait of Hormuz. But if President Vladimir Putin was expecting a huge windfall, that view may literally be going up in smoke. With one-fifth of the world’s oil supplies cut off, Russian oil suddenly became much more valuable. After trading at a steep discount to Brent crude, Urals oil nearly reached parity with the global benchmark. The U.S. also temporarily lifted sanctions on Russian crude, despite warnings that the move would provide a vital influx of revenue to...

The Trump administration had threatened to punish countries who attempted to break his effective fuel blockade, aimed at weakening the communist government

To Kill Without a TracePosted By Mark Tapson On March 24, 2015 @ 12:21 am In Daily Mailer,FrontPage | 3 Comments On July 18, 1994, a van loaded with explosives destroyed the Argentine Israelite Mutual Association (AMIA), murdering 85 innocents and injuring over 300. The government accused Hezbollah, but it was not until 2006 that sufficient legal evidence was gathered to request warrants for the arrest of those allegedly responsible.On January 19, 2015, the chief investigator of the case, prosecutor Alberto Nisman, was found murdered (though it had been made to look like a suicide). Nisman had been on the verge of...

Russian shadow fleet tankers have sailed through the English Channel, defying Sir Keir Starmer, despite threats that British special forces would storm sanctioned ships in UK waters. At least six Russian vessels passed through the Strait of Dover unchallenged on Thursday, prompting the RAF to launch two Shadow R1 surveillance aircraft, which spent hours patrolling the Channel. The tankers also dared to sail past the Royal Navy's headquarters in Portsmouth, the Special Boat Service's HQ in Poole and Royal Marine bases. It came after another Downing Street U-turn on Wednesday, with the Prime Minister signing off on new powers granting...

Russia is getting an unexpected windfall from the war in the Middle East. The Kremlin’s oil revenues this month hit a four-year high as oil prices jumped to $100 per barrel amid the Iran war and the de facto closed Strait of Hormuz. Moscow expects so much additional revenues from the oil price spike that authorities are unlikely to downgrade Russia’s economic prospects, hold off on planned budget cuts, and even boost military spending on the war in Ukraine, Bloomberg reports, citing sources with knowledge of the matter. A month ago, Russia was considering lowering the oil price level above...

California sued the Trump administration Monday to block what it says is an unprecedented power grab: using emergency authority to force the restart of an offshore oil operation shut down more than a decade ago. The lawsuit, filed in federal court in San Francisco, argues a March 13 order by U.S. Energy Secretary Chris Wright oversteps his authority under the Defense Production Act, a Cold War-era law. “No matter how much President Trump may claim there’s a so-called national energy emergency — it’s just not true,” Attorney General Rob Bonta told reporters. “The U.S. already produces significantly more oil and...

President Donald Trump said on March 26 that Iran had given the United States a “present” in the form of several boats carrying oil. To show they were serious and reliable, Iran had planned to send over eight large vessels of oil, Trump said. He initially thought nothing of it, but then he saw a news report stating that eight ships were moving through the Strait of Hormuz. Trump, speaking during a Cabinet meeting, reiterated that his administration is having “very substantial talks” with Tehran to resolve the conflict. Iranian officials gifted the United States 10 boats of crude oil...

Oil prices could surge to as high as $200 a barrel if the Iran conflict extends into June and the Strait of Hormuz remains closed, Bloomberg reported, citing an analysis from Macquarie Group. A war lasting through the second quarter could drive historically high real prices, analysts including Vikas Dwivedi said in a note, assigning a 40% probability to that scenario. A separate outlook, with a 60% probability, sees the conflict ending by the end of this month. Brent crude (CO1:COM) is on track for a record monthly gain in March as the war involving the U.S., Israel, and Iran...

WASHINGTON — President Trump ended two days of guessing Thursday by saying that Iran had gifted him 10 “big boats” of oil in a show of goodwill. “They said, ‘To show you the fact that we’re real and solid and we’re there, we’re going to let you have eight boats of oil — eight boats, eight big boats of oil.’ … and I didn’t think much about it,” Trump said at a cabinet meeting. “And then I watched the news, and they said … ‘There are eight boats that are going right up the middle of the Hormuz Strait, eight...

Doubt is taking over again from hope on Wall Street about a possible end to the war with Iran, and stocks are back to falling as oil prices rise Thursday. The S&P 500 sank 1.4%, more than erasing its gain from the day before, and is back on track for a fifth straight losing week. That stretches back to before the war with Iran began, and it would be the longest such streak in nearly four years. The Dow Jones Industrial Average was down 384 points, or 0.8%, with an hour remaining in trading, and the Nasdaq composite was 2%...

Oil prices remained volatile on Wednesday, as the US and Iran clashed over what terms might bring the conflict in the Middle East to an end. Brent crude rose to $101 a barrel at midday in the US before falling back to $98 as President But Iranian media on Wednesday cited leaders criticising the US peace proposal. They presented their own terms for a ceasefire, including international recognition of Iran's "sovereign right" to control the Strait of Hormuz, a key route for global oil and gas supplies. On Wednesday, White House press secretary Karoline Leavitt maintained that US attacks were...

The U.S. Postal Service on Wednesday said it is seeking to impose a temporary 8% fuel surcharge for package and express mail deliveries to deal with rising transportation costs, which include higher oil prices as a result of the Iran war. If approved by the Postal Regulatory Commission, the surcharge would take effect April 26 and remain in place until Jan. 17, 2027, the Postal Service said in a notice on its website. The 8% surcharge would apply to postage on Priority Mail Express, Priority Mail, USPS Ground Advantage, and Parcel Select products. First-class stamps and other mail services would...

[WASHINGTON] Trump administration officials are examining what a potential spike in oil prices as high as US$200 a barrel would mean for the economy, according to sources familiar with the matter, a sign senior officials are studying the possible fallout from extreme scenarios for the Iran war.

U.S. Defense Secretary Pete Hegseth vowed on Tuesday that “today will be, yet again, our most intense day of strikes inside Iran” at the same time that Iranian forces unleashed a new barrage of attacks on Israel and its Gulf neighbors. With both Washington and Tehran ruling out cease-fire talks, experts expect the global energy crisis to worsen as the war trudges on. Fears of Iranian attacks coupled with high insurance costs have largely halted oil and gas tankers from traversing the Strait of Hormuz, where around 20 percent of the world’s crude normally passes. On Tuesday, Iran’s Islamic Revolutionary...

The Trump administration on Wednesday waived regulations on the types of gasoline that are sold during the summer in an effort to ease surging fuel prices during the Iran war. The Environmental Protection Agency issued an emergency waiver to lift restrictions on the sale of E15 gas, a fuel blended with 15% ethanol. The sale of E15 is restricted from June through September due to regulations designed to reduce air pollution. The EPA also issued a waiver to remove all federal impediments to selling E10 gas, which is blended with 10% ethanol. The waivers will take effect on May 1.

I just ordered home heating oil... FIVE TWENTY-NINE A GALLON. I have (2) 330 gallon tanks. I thought I'd order 200 at 4.65 to tide me over until the price goes down, but today it is FIVE TWENTY-NINE. So I ordered the miserable 100 gallon minimum instead of paying over a thousand for 200 gallons. I love Trump, but this is unsustainable, and there should be no reason it is happening with the amount of oil we are producing domestically. I am P!SSED! If you have some snide insulting comment for me, blast away, but if you do that I...

The explosion comes amid a spike in gas prices driven by uncertainty over the global oil supply because of the Iran war. The refinery has about 770 employees and can process about 435,000 barrels of oil per day, according to Valero's website. The plant refines heavy sour crude oil into gasoline, diesel and jet fuel. Images and video posted online show a large plume of smoke and flames billowing out from the refinery. Some residents reported hearing a loud boom and seeing their windows shake.