Browsing Tag
Scott Bessent
20 posts
Trump targets Spain trade over NATO spending as EU rules limit embargo threat
Donald Trump’s order to halt trade with Spain has widened a NATO dispute over defence spending, Iran policy and alliance loyalty, but European Union trade rules and United States legal hurdles make a full embargo difficult to execute.
US sanctions CJNG-linked fuel network as cartels expand beyond drug trafficking
Mexican cartels are turning tax-free United States fuel into a major revenue stream. New sanctions expose the companies and financial routes involved.
Why Trump’s Iran deal gamble could shake oil markets and the Middle East
Find out how United States-Iran deal talks could reshape Gulf security, oil markets and the Strait of Hormuz today!
Trump Anti-Weaponization Fund halted as court demands sworn proof it is dead
Trump says the fund is dead. A federal judge wants proof. The $1.8 billion fight now tests taxpayer money and executive power.
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.