According to Tasnim News Agency, Iran has threatened to attack the Fujairah pipeline in the UAE and the East-West pipeline in Saudi Arabia if the US continues its blockade, warning that "not a single drop of oil or gas will be exported from the regio

2026-07-15

According to Tasnim News Agency, Iran has threatened to attack the Fujairah pipeline in the UAE and the East-West pipeline in Saudi Arabia if the US continues its blockade, warning that "not a single drop of oil or gas will be exported from the region," and declaring, "Either everyone exports, or nobody exports." Furthermore, sources say that executives at MSC, the world's largest container shipping company, and Sinokor, are concerned that the Islamic Revolutionary Guard Corps will continue to attack their vessels in an attempt to cut off the shuttle market through the Strait of Hormuz. Recently, at least two oil tanker captains refused to pass through the strait.

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White House National Economic Council director Hassett said the US is confident it can get oil flowing from the Gulf region to calm markets.

2026-07-15

CNN Washington senior reporter Aaron Blake says over the past 4½ months President Trump and his inner circle repeatedly made confident predictions about the Iran war that were quickly proven wrong. Major misjudgments include: Trump’s claim the US wou