Oil Rises As Hopes For a Deal To End The War In Iran Fade

Oil Rises As Hopes For a Deal To End The War In Iran Fade

Oil is rising on Monday as hopes for a deal to end the war in Iran fade following Tehran’s latest response to the U.S. proposal and President Donald Trump’s description of it as “unacceptable.” Concretely, Brent crude, the international benchmark, rose 2.05% at 10:19 a.m. on Monday, clocking inat $103.3, while West Texas Intermediate, the…

Read More

‘Blow Them Up’: Donald Trump Issues Explosive Warning Over Iran’s Uranium

‘Blow Them Up’: Donald Trump Issues Explosive Warning Over Iran’s Uranium

US President Donald Trump has sparked fresh international controversy after warning that the United States would ‘blow up’ anyone attempting to approach Iran’s enriched uranium stockpile, as tensions over Tehran’s nuclear programme continue escalating. Trump also pointed out that the country is not prepared to fight the US since ‘they have no anti-aircraft weaponry, no…

Read More

US Exploring Federal Gas Tax Cut To Lower Surging Prices

US Exploring Federal Gas Tax Cut To Lower Surging Prices

The Trump administration is exploring all options to lower the cost of gas, including suspending the federal gas tax, a top official said. Gas prices have soared more than 50 per cent since the US-Israel strikes on Iran began on February 28. It hit a national average of $4.52 per gallon on Sunday, according to…

Read More