Browsing Tag
Scott Bessent
16 posts
Brent crude above $114 as Trump prepares for months-long Hormuz blockade
Trump signals a months-long Hormuz blockade while rejecting Iran's ceasefire offer. Brent above $114. The UAE has left OPEC. The supply crisis has no visible exit.
US Iran peace talks stall: Why Trump pulled Witkoff and Kushner from the Pakistan trip
Trump cancelled Witkoff and Kushner's Pakistan trip the moment Araghchi flew out. The real question is whether this stalls talks or restarts the war.
Trump’s $10bn IRS lawsuit faces new court challenge over presidential control
Federal judge orders Trump and Department of Justice to justify why his $10 billion Internal Revenue Service lawsuit should proceed.
Pentagon removes Navy Secretary John Phelan with no explanation as Iran blockade enters critical phase
US Secretary of the Navy John Phelan was removed on April 22, 2026, as the Navy enforces an active blockade of Iranian ports near the Strait of Hormuz, with Hung Cao named acting Secretary.
Iran seizes two ships, Brent hits $100: Ceasefire means nothing as IRGC fires on pre-cleared vessels and US sends more carriers
Iran seized two ships and attacked a third in the Strait of Hormuz on 22 April 2026, hours after Trump's ceasefire extension, as Brent crude hit $100 and Lufthansa cut 20,000 flights.
Trump blinks on ceasefire: Open-ended extension after Iran refuses Islamabad talks and Vance stays home
Trump extended the US-Iran ceasefire indefinitely on 21 April 2026 at Pakistan's request, as Iran refused to send negotiators to Islamabad and Vance's peace talks trip was cancelled.
Trump calls on oil-importing nations to take shared responsibility for Strait of Hormuz security as global shipping crisis deepens
Trump calls on China, Japan, South Korea, France, and UK to send warships to the Strait of Hormuz as US-Iran war keeps global oil shipping at a standstill.
Wall Street closes higher after Iran reaches out to CIA; S&P 500 rises 0.78 percent amid Strait of Hormuz standoff
US stocks closed higher March 4 after Iran signaled diplomacy talks. Nasdaq gained 1.29%, S&P 500 rose 0.78%, Dow up 0.49% as oil prices steadied.
Will Oracle’s TikTok deal satisfy U.S. regulators? Everything we know about the 80% buyout
Oracle, Silver Lake and a16z to acquire 80% of TikTok’s U.S. entity; ByteDance to retain minority stake under U.S. data privacy oversight.
U.S. gains access to Ukraine’s rare earth riches—Is this the real key to peace with Russia?
U.S. and Ukraine seal minerals pact in Washington; officials say it strengthens post-war recovery, signals peace commitment to Russia.