US says lower oil prices, not Iran's nuclear program, are now top priority in war
The top US priority now in the Iran war is no longer its nuclear program but to bring gasoline prices down for American consumers, the vice president said Thursday, with the treasury secretary adding that new economic punishment to wear down Tehran is imminent.
The comments by Vice President JD Vance and Treasury Secretary Scott Bessent illustrate the powerful leverage Tehran has gained by shutting down the Strait of Hormuz.
Iran and US duel over Hormuz control
- Will declare Strait of Hormuz 'US territory' after defeating Iran: Trump Business Standard —
- U.S. to use economic tactics on Iran `that have never been seen'; Navy works to relieve troubled carrier Abraham Lincoln CNBC —
- Trump vows to βsoonβ declare Strait of Hormuz part of US territory Malay Mail —
- Iran defiant on strait as Trump tells Americans to accept high gas prices Channel News Asia —
- Trump says he would make the Strait of Hormuz US territory Scripps News —