RT Nick Szabo (@NickSzabo4)Quite wrong. The reality is rather this:(1) Iran itself is already working to "reopen" Hormuz. They too want to sell their oil. Hormuz is open to all ships that agree to follow Iran's rules. China has already agreed and many other nations are negotiating passage.(2) It would take decades to build pipelines to fully replace Hormuz tankers, and the expense would be greater than any toll Iran is likely to charge ...

🇮🇷NEW: IRAN DEMANDS YUAN-DENOMINATED OIL TRADES AS PRICE FOR HORMUZ PASSAGEIran is actively negotiating with 8 countries to allow passage through the Strait of Hormuz, with a key condition that oil be traded in Chinese yuan rather than U.S. dollars.The move represents a direct challenge to decades of petrodollar dominance at one of the world's most critical energy chokepoints. ...

🚨JUST IN: TRUMP WARNS NATO OF A “VERY BAD” FUTURE OVER STRAIT OF HORMUZ SECURITYDonald Trump has warned NATO allies of a “very bad” future if they fail to help secure the Strait of Hormuz, according to @FT.Trump said countries benefiting from the shipping route must help protect it.He called on several nations to send naval ships to the region.Countries named include China, France, Japan and Britain.South Korea was also mentioned among potential contributors.The comments come amid rising tensions around the ...

RT BBC Breaking News (@BBCBreaking)US President Donald Trump urges UK and other nations to send ships to help secure key Strait of Hormuz oil trade route https://t.co/HXO7u2vlJk ...

RT Steve Hanke (@steve_hanke)According to White House Press Secretary Karoline Leavitt, India stopped buying sanctioned Russian oil.FACT: India has wisely been the second-largest buyer of Russian crude. https://t.co/NLr0cJZGe4 ...

RT threadguy (@notthreadguy)someone out there heard about the strait of hormuz for this first time last saturday and retired on an oil trade by this sundaymarkets rock ...

Bring in show music, please. >> Hi, I'm CNBC producer Katie Kramer. Today on Squawk Pod, Treasury Secretary Scott Bessant on the state of the global economy and the game change offered by the strikes against Iran.The Iranian regime was the head of the snake for global terror and we are going to cut off that head and the Iran will no longer be able to project terrorism around the world. >> Bessant says he is about to make a series of announcements to support oil trade in the Gulf. >> This was a well telegrap ...

We have a series of announcements that we're going to be making. We began yesterday with with the announcement that DFC uh will provide the insurance uh for both the crude carriers and the cargo ships operating in around the Gulf. Over the weekend, Lloyds of London nullified the insurance.So US government is going to step in and when it is appropriate and should it be needed the the US Navy will provide safe passage through the straits the for the oil tankers. ...

to our newsmaker of the morning, Treasury Secretary Scott Bessant. Mr. . Secretary, it's good to see you, >> Joe. Good to be with you and Becky this morning.>> We have um been, I guess, focusing on some other secretaries, secretaries of war, secretaries of state, but I just have a feeling that you've been fairly busy as secretary of treasury uh and doing all you can uh to help in this effort with the war in Iran. Uh well, Joe, the Secretary of Treasury and the Secretary of Energy, so Chris Wright and myself ...

If tensions with the US escalate, Iran could try to close the Strait of Hormuz, disrupting global oil trade. Here's what to know. https://t.co/8YQGBLq4Qs ...