Paul Krugman smacks down Trump speech with argument that $4 gas is ‘less than half’ of the Hormuz hit. Here’s what he’s talking about
In a primetime address to the nation Wednesday night, President Donald Trump cast the U.S. effort in Iran as a ...
Tuesday, June 23, 2026
Tag: Hormuz
Controlling the Strait of Hormuz is the top priority in Iran and Trump may abandon it
As Donald Trump searches for an exit from the Iran war, the narrow Strait of Hormuz increasingly looks like a ...
Markets cheer as Trump threatens to abandon the Strait of Hormuz, leaving the oil market in crisis
The stock market ripped Monday morning after the White House signaled it may no longer be America’s job to reopen ...
China suppliers warn of higher U.S. prices due to Hormuz closure
Pickleball paddle producer Devi Wei has a message for U.S. shoppers."Americans will have to pay more," the Chinese businessman told ...
Toyota faces aluminum supply risks as Strait of Hormuz tensions threaten the material EVs depend on
The electric vehicle was supposed to sever the auto industry’s dependence on the Persian Gulf. Instead, potential disruptions in the ...
Saudi pipeline to bypass Hormuz hits 7 million barrel goal
Saudi Arabia’s crucial East-West pipeline that circumvents the Strait of Hormuz is pumping oil at its full capacity of 7 ...
As Asim Munir pitches peace, Iran stops Pakistan’s cargo ship at Strait of Hormuz
Amid Pakistan's offer to mediate between Iran, US and Israel to end the conflict in the Middle-East, a cargo ship ...
Markets wait for Trump and Iran to follow through on Hormuz threats
Wall Street is bracing for a Monday deadline that President Donald Trump set for Iran to reopen the Strait of ...
Trump gives Iran 48 hours on Hormuz, threatens power plants
President Donald Trump threatened to attack Iran’s power plants if the country didn’t swiftly reopen the Strait of Hormuz to ...
Tulsi Gabbard won’t say whether she warned Trump that Iran could block the Strait of Hormuz
Democratic senators pressed the U.S. government’s top intelligence official at annual worldwide threats hearings Wednesday about the war with Iran, including ...
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