Oil companies are quietly pushing back against Trumpโs Iran peace plan because it could allow Iran to charge tolls on ships using the Strait of Hormuz.
Executives warn that adding fees of around $2โ2.5 million per shipment, along with higher insurance costs, would drive up global oil prices and could even expose companies to sanctions violations.
Theyโve been raising these concerns with officials like Marco Rubio and JD Vance, though the administration appears open to considering Iranโs proposal.
Source: POLITICO
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Iran says shipping in the Strait of Hormuz stopped after Israel violated the ceasefire with strikes on Lebanon.
IRGC said vessel traffic halted minutes after the attacks, while the White House maintains Lebanon is not part of the US-Iran ceasefire.
IRGC said vessel traffic halted minutes after the attacks, while the White House maintains Lebanon is not part of the US-Iran ceasefire.
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NATO's Rutte:
I really admire Trump's leadership.
I really admire Trump's leadership.
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Senator Graham on Iran:
Itโs in their DNA to want to acquire a nuclear weapon.
Itโs in their DNA to want to acquire a nuclear weapon.
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Senator Graham on Iran:
If you control Kharg Island, you control the Iranian economy.
It is a good place to start if you have to go back to this.
If you control Kharg Island, you control the Iranian economy.
It is a good place to start if you have to go back to this.
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Q: When Trump threatened to kill the entire Iranian civilization, did that bother you as a diplomat?
Mark Rutte: I'm not commenting on everything. What I want you to know is I support Trump...
Mark Rutte: I'm not commenting on everything. What I want you to know is I support Trump...
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A senior Vatican diplomat, Christophe Pierre, was reportedly summoned to the Pentagon and given a โbitter lectureโ by Elbridge Colby, urging that Pope Leo โbetter take [the U.S.โs] sideโ and noting America can do โwhatever it wants.โ
Source: The Free Press
Source: The Free Press
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Trump:
All U.S. Ships, Aircraft, and Military Personnel, with additional Ammunition, Weaponry, and anything else that is appropriate and necessary for the lethal prosecution and destruction of an already substantially degraded Enemy, will remain in place in, and around, Iran, until such time as the REAL AGREEMENT reached is fully complied with.
If for any reason it is not, which is highly unlikely, then the โShootinโ Starts,โ bigger, and better, and stronger than anyone has ever seen before.
It was agreed, a long time ago, and despite all of the fake rhetoric to the contrary - NO NUCLEAR WEAPONS and, the Strait of Hormuz WILL BE OPEN & SAFE.
In the meantime our great Military is Loading Up and Resting, looking forward, actually, to its next Conquest. AMERICA IS BACK!
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Iran plans to charge oil tankers cryptocurrency fees to pass through the Strait of Hormuz during the two-week ceasefire, while inspecting ships for weapons.
Authorities say vessels must request permission, disclose cargo, and quickly pay about $1 per barrel in crypto. Ships that donโt comply risk being targeted.
Source: FT
Authorities say vessels must request permission, disclose cargo, and quickly pay about $1 per barrel in crypto. Ships that donโt comply risk being targeted.
Source: FT
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The Strait of Hormuz may be included in the U.S.โIran cease-fire, but in practice itโs still barely functioning.
No oil or gas tankers have passed through since the agreement, and only a handful of cargo ships have crossed.
Even where passage might be possible, most shipping companies remain cautious and are avoiding the route.
Source: NYT
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Q: Is the world safer today than it was before the war was started?
Mark Rutte: Absolutely โ and this is thanks to Trump's leadership.
Mark Rutte: Absolutely โ and this is thanks to Trump's leadership.
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Sen. John Fetterman:
Every single thing Iran done and is is an entire war crime.
Every single thing Iran done and is is an entire war crime.
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Shut out of U.S.โIran peace talks, Israel is heavily striking Lebanon.
At least 254 people have been killed and over 1,000 wounded, with some estimates putting the death toll closer to 300 just since yesterday.
By relentlessly attacking Lebanon without distinguishing between military and civilian targets, Israel seems to be deliberately trying to force Iran to retaliate and become the party that violates the ceasefire.
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Former Israeli PM Naftali Bennett:
The goals of the war were clear: the complete and permanent dismantling of the Iranian nuclear programโฆ
These goals were not achieved.
Failure will leave Israel facing a more vengeful and determined Iran that will race toward a nuclear weapon.
All their empty promises have blown up in our faces.
A government that dismantles Israel from within cannot defeat the enemy from the outside.
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