
WTI crude prices climbed 0.26% to $98.49 per barrel in Asian trading as President Trump threatened to obliterate Iranian power plants unless the Strait of Hormuz is fully opened within 48 hours, escalating Middle East energy security concerns and driving oil market volatility amid geopolitical tensions.

US Treasury Secretary Scott Bessent dismisses tax hike possibility while confirming sufficient war funding for Iran conflict, stating sanctioned Iranian oil could be redirected to South Korea and Japan instead of China as 140 million barrels become available for international trade.

Iran's newly elected supreme leader Mojtaba Khamenei opens verified X account, vowing to maintain Strait of Hormuz blockade and demanding closure of U.S. military bases in Middle East, drawing criticism from tech transparency advocates over potential sanctions violations
"American sanctions from 1971 to 2021…murdered 38 million people.”
"Political scientist John Mearsheimer criticised US foreign policy & cited a report by The Lancet that says US sanctions have killed 38 million people worldwide."
#USPol #EUPol #IranSanctions #USSanctions #news #racism #USImperialism .
Iran, Sanctions, and the Shifting Balance of Power in the Middle East
#BaaghiTV #Opinions #International #IranSanctions #MiddleEastGeopolitics #GlobalPowerShift #IranHistory #StraitOfHormuz
https://en.baaghitv.com/iran-sanctions-and-the-shifting-balance-of-power-in-the-middle-east
"American sanctions from 1971 to 2021…murdered 38 million people.”
"Political scientist John Mearsheimer criticised US foreign policy & cited a report by The Lancet that says US sanctions have killed 38 million people worldwide."
#USPol #EUPol #IranSanctions #USSanctions #news #racism #USImperialism .