Trump has no remaining levers to pull as oil hovers near the $100 ‘psychological’ threshold
Fortune
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Depleted emergency oil reserves create a dangerous game if the Strait of Hormuz and the Red Sea are effectively shuttered.
US-Iran Strikes Pause, Conflict Widens
- Oil price surge as war with Iran expands 📹 NBC News — · 2min
- Trump threatens 'major military punishment' after Houthi attacks on tankers in Red Sea PBS —
- War escalates, oil prices surge as Iran-backed Houthis strike Saudi tankers in Red Sea Los Angeles Times —
- Yemen's Houthis attack Saudi tankers in Red Sea, threatening to widen Iran war Korea Times —
- Trump vows to punish Iran and Houthis for attacks in Red Sea Al-Monitor —