Oil
Trump’s Hormuz Blockade Has Deepened a Historic Shipping Crisis
In early April — after a month of disruption around one of the world’s most important energy chokepoints — US President Donald Trump wrote that with “a little more time, we can easily OPEN THE HORMUZ STRAIT, TAKE THE OIL, & MAKE A FORTUNE.”
Oil Falls With US Delegation Headed for Talks, Hormuz Blocked
Oil prices fell on fresh hopes that elusive peace talks between the US and Iran may materialize after all and pave the way for the resumption of energy flows though the vital Strait of Hormuz.
White House Sends Team to Pakistan as Iran Balks at Talks
President Donald Trump will send envoys to Pakistan with the intention of meeting with Iranian officials, while Tehran sounded a pessimistic tone on the prospects for talks to end the eight-week war roiling the global economy.
