“The bottom line is that the United States does not have enough ships to escort tankers out. That's the best way. And again, you want to get the oil out to bring down global energy prices.” On Morning Joe, MS NOW Senior National Security Reporter David Rohde breaks down the latest Pentagon briefing, including what's going on with the U.S. blockade of Iranian ports in the Strait of Hormuz. MS NOW: My Source for News, Opinion, and the World. » Subscribe to MS NOW: https://www.youtube.com/@msnow » Subscribe to ...

‼️BREAKING: TRUMP STRONGLY CONSIDERING U.S. WITHDRAWAL FROM NATOPresident Trump has declared he is strongly considering pulling the United States out of NATO after allies refused to join the war against Iran.Trump labeled the alliance a "paper tiger" and specifically rebuked the UK, claiming their navy is incapable of assisting in the mission to reopen the Strait of Hormuz.The White House is expressing mounting frustration over European partners denying basing rights as global energy prices spiral amid the ...

Singapore Deputy Prime Minister Gan Kim Yong said the city-state will revise its economic outlook, if needed, due to the crisis in the Middle East which could push up global energy prices https://t.co/LlKxQDvdgo ...

Group 1 - President Trump announced a 25% tariff on any country conducting business with Iran, aiming to increase pressure on Tehran amid ongoing protests [2][3] - The U.S. goods and services trade with Iran was valued at $838.4 million in 2024, despite existing sanctions [3][4] - Iran's major trading partners include China, Türkiye, the UAE, Iraq, and India, with exports primarily consisting of petroleum and natural gas products [4] Group 2 - The announcement is expected to significantly impact global energy prices, given Iran's status as a major oil and gas producer with an output exceeding 4 million barrels per day [4] - There is a risk of potential closure of the Strait of Hormuz, a critical shipping corridor for oil, which could lead to Brent crude prices spiking to $110 per barrel according to Goldman Sachs analysts [5] - Current WTI crude futures are trading at $59.72 per barrel, reflecting a 0.67% increase, while February natural gas futures are down to $3.340 per MMBtu [6]