Please ensure Javascript is enabled for purposes of website accessibility
Trump to Target Iran's Oil Trade in Renewed 'Maximum Pressure' Campaign
News
By News
Published 2 weeks ago on
November 8, 2024

Trump's Iran strategy, influenced by assassination plot, aims to choke off oil income and isolate Tehran diplomatically. (GV Wire Composite)

Share

Getting your Trinity Audio player ready...

President-elect Donald Trump is set to revive his “maximum pressure” campaign against Iran, according to officials familiar with his plans. The renewed strategy aims to curb Iran’s nuclear ambitions and support for militant groups in the region.

Trump’s approach is likely influenced by recent revelations of an Iranian plot to assassinate him. “People tend to take that stuff personally,” said Mick Mulroy, a former Pentagon official.

The new administration plans to quickly move to restrict Iran’s oil income by targeting foreign ports and traders handling Iranian oil. This echoes Trump’s first-term strategy, which had mixed results.

Brian Hook, who oversaw Iran policy during Trump’s first term, stated that the president-elect has “no interest” in regime change but intends to “isolate Iran diplomatically and weaken them economically.”

Potential Challenges and Risks

The renewed pressure could face challenges, including the risk of rising oil prices and inflation. Robert McNally, a former U.S. energy official, suggested that even expectations of aggressive enforcement could significantly reduce Iranian oil sales.

Some experts believe Trump’s advisers may be more supportive of potential Israeli strikes on Iranian nuclear and energy facilities. However, Iranian President Masoud Pezeshkian downplayed the significance of the U.S. election results for his country.

Despite the hostility, some former Trump officials don’t rule out the possibility of a U.S.-Iran diplomatic deal in his second term, noting Trump’s penchant for dealmaking.

Read more at The Wall Street Journal

RELATED TOPICS:

DON'T MISS

FBI Arrested a Man Who’s Been Charged With Planning an Attack on the New York Stock Exchange

DON'T MISS

Shoppers Flock to Clovis for Vallarta’s Grand Opening

DON'T MISS

Thousands of University of California Workers Go on 2-Day Strike Over Wages, Staff Shortages

DON'T MISS

Madera County Shooting Strikes K-9, Investigation Ongoing

DON'T MISS

Republicans on House Ethics Reject for Now Releasing Report on Matt Gaetz

DON'T MISS

Demography Drives Destiny and Right Now California Is Losing

DON'T MISS

Hate Your Instagram Feed? New Reset Feature Enhances User Control

DON'T MISS

Senate to Vote on Sanders’ Resolution to Block Arms Sales to Israel

DON'T MISS

Defining Deviancy Down. And Down. And Down.

DON'T MISS

Wired Wednesday: How Fresno is Preparing For Trump’s Mass Deportation Plan

UP NEXT

Shoppers Flock to Clovis for Vallarta’s Grand Opening

UP NEXT

Thousands of University of California Workers Go on 2-Day Strike Over Wages, Staff Shortages

UP NEXT

Madera County Shooting Strikes K-9, Investigation Ongoing

UP NEXT

Republicans on House Ethics Reject for Now Releasing Report on Matt Gaetz

UP NEXT

Hate Your Instagram Feed? New Reset Feature Enhances User Control

UP NEXT

Senate to Vote on Sanders’ Resolution to Block Arms Sales to Israel

UP NEXT

Defining Deviancy Down. And Down. And Down.

UP NEXT

Wired Wednesday: How Fresno is Preparing For Trump’s Mass Deportation Plan

UP NEXT

Texas Offers Trump Land on US-Mexico Border for Potential Mass Deportations

UP NEXT

Man Convicted of Killing Laken Riley Sentenced to Life in Prison Without Parole

Madera County Shooting Strikes K-9, Investigation Ongoing

9 hours ago

Republicans on House Ethics Reject for Now Releasing Report on Matt Gaetz

9 hours ago

Demography Drives Destiny and Right Now California Is Losing

10 hours ago

Hate Your Instagram Feed? New Reset Feature Enhances User Control

11 hours ago

Senate to Vote on Sanders’ Resolution to Block Arms Sales to Israel

11 hours ago

Defining Deviancy Down. And Down. And Down.

11 hours ago

Wired Wednesday: How Fresno is Preparing For Trump’s Mass Deportation Plan

12 hours ago

Texas Offers Trump Land on US-Mexico Border for Potential Mass Deportations

12 hours ago

Man Convicted of Killing Laken Riley Sentenced to Life in Prison Without Parole

12 hours ago

Former Bitwise Employees Settle for $20 Million: Fresno Attorney

13 hours ago

FBI Arrested a Man Who’s Been Charged With Planning an Attack on the New York Stock Exchange

A Florida man was arrested Wednesday and charged in a plot to bomb the New York Stock Exchange this week, according to the FBI. Harun Abdul-...

8 hours ago

8 hours ago

FBI Arrested a Man Who’s Been Charged With Planning an Attack on the New York Stock Exchange

Vallarta Supermarkets in Clovis. November 20, 2024. (GV Wire/Jahz Tello)
9 hours ago

Shoppers Flock to Clovis for Vallarta’s Grand Opening

9 hours ago

Thousands of University of California Workers Go on 2-Day Strike Over Wages, Staff Shortages

A suspect and a Madera County Sheriff’s K-9 were injured in an officer-involved shooting during a hit-and-run investigation in Oakhurst. (GV Wire File)
9 hours ago

Madera County Shooting Strikes K-9, Investigation Ongoing

9 hours ago

Republicans on House Ethics Reject for Now Releasing Report on Matt Gaetz

10 hours ago

Demography Drives Destiny and Right Now California Is Losing

11 hours ago

Hate Your Instagram Feed? New Reset Feature Enhances User Control

Photo of Bernie Sanders
11 hours ago

Senate to Vote on Sanders’ Resolution to Block Arms Sales to Israel

Help continue the work that gets you the news that matters most.

Search

Send this to a friend