President Donald Trump said Wednesday that Operation Epic Fury would end and the Strait of Hormuz reopen if Iran agrees to a proposed U.S. memorandum of understanding, signaling a potential off-ramp from weeks of conflict.[#item_full_content]
Iran War Drains Oil Reserves at Record Pace
The Iran conflict contributed to global oil reserves plunging at a record pace last month, raising fresh concerns about energy prices and supply shortages ahead