Trump admits sneaking ‘millions of barrels of oil’ from Hormuz and Iran just found out

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President Donald Trump said ‘it was very hard’ not to reveal that the US had been taking oil through the Strait of Hormuz under Iran’s noses.

With Iran’s blockade of the crucial strait causing mayhem in global markets and with oil prices…

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US strikes Iran in response to helicopter downing

US Central Command said overnight Tuesday into Wednesday that its forces had "began launching self-defense strikes against Iran" on President Donald Trump's orders, in response to the downing of a US Army Apache helicopter the previous day. In a statement posted by the command on X, CENTCOM said the strikes began at midnight Israel time, […]

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Trump says Iran downed a US Army Apache helicopter, vows response

WASHINGTON — President Donald Trump said Tuesday the United States will retaliate after Iran shot down a U.S. Army Apache helicopter late Monday over the Strait of Hormuz, and that the two American pilots aboard were unharmed. Trump announced the cause of the helicopter’s downing in a Truth Social post just before 1 p.m. Eastern. […]

US Apache shot down over Strait of Hormuz with Trump promising retaliation on Iran

Donald Trump has vowed to respond after an Apache was shot down (Picture: Getty)

Donald Trump has called for revenge on Iran after an American helicopter was shot down.

A drone boat rescued two pilots who were on the Apache attack helicopter when it crashed near the Strait of Hormuz, which Iran has effectively closed.

In a Truth Social post, Donald Trump said: ‘I have just been informed by our…

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Iran has broken the fear barrier with the US

The exchanges of fire between Iranian and American forces over the past several nights have not yet deteriorated into a broader confrontation, but they reflect a deeper trend: Tehran's attempt to rebuild its deterrence against the United States, alongside an unwillingness to accept any effort to undermine the new status quo it seeks to impose […]

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Israel deployed elite forces in Azerbaijan, Iraq, UAE during war with Iran

During the war with Iran, Israel secretly deployed elite military and intelligence units in Azerbaijan as part of a broader clandestine network of sites across the Middle East designed to facilitate operations against Tehran, four sources familiar with the matter told CNN Friday. Two of the sources said the forces operated from several areas in […]

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The world is on fire. Why are markets so calm?

It’s a fascinating moment for world politics and global markets. Geopolitically, the world is in turmoil, primarily because the United States, still the superpower, has become a fundamentally unreliable actor. President Donald Trump is actively pulling apart the international order that Washington built and led over the past 80 years. Yet, financial markets are riding high – in the US, East…

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US strikes Iran's Qeshm Island, sirens sound in Kuwait and Bahrain

The US Central Command announced that its forces had carried out strikes on Iran's Qeshm Island in response to earlier Iranian attack attempts. It also said American forces had successfully intercepted several Iranian ballistic missiles and drones. CENTCOM said the strike targeted an Iranian military ground control station on Qeshm Island as part of self-defense […]

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Trump Uses White House UFC Fight to Win Big in Stocks

President Donald Trump bought stock in the UFC’s parent company ahead of the planned fight on the White House lawn next month.

The president bought between $15,000 and $50,000 of stock in TKO Group Holdings, HuffPost reports, citing Trump’s May 12 financial disclosures. With the planned “Freedom 250” fight on June 14 (Flag Day and Trump’s birthday), the company will get a ton of publicity and…

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The Hormuz crisis hits higher pitch

You already know that the war in Iran has stoked inflation, but it’s not just for oil, gas, and fertilizer. The shutdown of the Strait of Hormuz has caused prices to “balloon” for another commodity that’s essential for everything from advanced medical equipment and automobiles, to drones, laptops, and even AI. In this video, GZERO’s Alex Kliment puts his pulmonary capacity on the line to…

Democrats in US Senate want ‘true costs’ of Iran war estimated by official scorekeeper

WASHINGTON — A group of U.S. Senate Democrats has sent a letter to the head of the Congressional Budget Office, asking him to include outside projections for the cost of the Iran war in the agency’s official cost estimate. “The American people deserve to know the true costs of this conflict, and they deserve transparency […]

Here’s how much Americans need to make now to afford a home

Buying a home got just a little bit more affordable last month.

The amount of money Americans need to earn to afford a typical house for sale in the U.S. in April fell 2% from the same month a year earlier, to $116,780 from $119,191, according to the online real estate brokerage Redfin.

Mortgage rates rose sharply this week across the nation

It was the seventh straight month of year-over-year…

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Why Trump’s Iran deal could finally end Netanyahu

The United States and Iran seem to be moving closer to a deal to end the war, recent skirmishing and mixed signals notwithstanding.

If concluded – still a big if – this agreement would reopen the Strait of Hormuz, lift the US blockade, unfreeze Iran’s frozen assets (via Qatar), and extend the ceasefire – while kicking nuclear negotiations down the road. There’d be no dismantling of Tehran’s…

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Democrats have a messaging problem. Adam Mockler has solutions

Adam Mockler was standing on the red carpet of one of Washington, D.C.’s glossier White House Correspondents’ Dinner weekend parties in late April when he said something that, within days, would become unintentionally hilarious.

The 23-year-old progressive content creator and increasingly ubiquitous cable TV panel guest had been talking about CNN’s Scott Jennings, the conservative strategist…

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Islamabad plans oil reserves, storage push

KARACHI: Pakistan plans to boost domestic storage for crude oil and refined products to increase its energy security, according to a government document that was shared with oil producers and some of the world’s leading trading firms.

Despite depending on supplies through the Strait of Hormuz for up to 90 per cent of its oil and liquefied natural gas imports, Pakistan has no strategic petroleum…

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