#oil-prices
3 entries with this tag
"If We Need to Negotiate with Bombs, We'll Negotiate with Bombs": Hegseth Pledges Strikes on Key Facilities as U.S. Hits Iran for Second Straight Night
Defense Secretary Pete Hegseth, leaving CENTCOM headquarters in Tampa, told reporters: "If we need to negotiate with bombs, we'll negotiate with bombs. And we're very good at it." The U.S. launched strikes on Iran for a second consecutive night — 49 Tomahawk missiles hitting targets as close as 40 miles from Tehran. The strikes destroyed Iran's water reservoirs in Hormozgan Province, leaving 20,000 people without drinking water in 50°C heat. Weapons experts identified fragments as U.S. GBU-39 munitions. Iran retaliated with strikes on U.S. bases in Kuwait, Jordan, and Bahrain. Trump from the Situation Room — with Vance, Kushner, and Witkoff — told Fox News: "If Iran doesn't agree to a deal, we'll bomb the shit out of them tomorrow night." He threatened to target bridges and power plants. CPI hit 4.2% — a three-year high driven by war-fueled energy costs. Brent crude: $94/barrel. The April 8 ceasefire is functionally dead. The war Trump said would last four to five weeks is now at fifteen.
Iran Halts All Negotiations With the U.S. and Vows to "Completely Block" the Strait of Hormuz
Iran suspended all mediated exchanges with the U.S. and announced it will pursue a complete blockade of the Strait of Hormuz — plus activate the Bab al-Mandeb chokepoint — after accusing the U.S. of ceasefire violations through Israel's continued operations in Lebanon against Hezbollah. Oil surged 7.7% on the news. Trump's response: "I don't care" if negotiations are over, and the talks had "started to get very boring." The deal that was on the table — unrestricted Hormuz shipping, mine removal, blockade lifting, sanctions waivers — now appears dead. Three months into a war that had no defensible cause, the strait remains closed, oil is up 30%, and the president says he's bored.
Iran Military Mocks Trump with "You're Fired" as 15-Point Peace Plan Rejected
Iran's military spokesperson told Trump "You are fired" and mocked him for "negotiating with yourself." Iran rejected the 15-point peace plan as "maximalist" and issued its own 5 conditions. The 82nd Airborne was ordered to deploy as Trump declared the war "won."