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 7 months 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

What Are Fresno Real Estate Experts Predicting for 2025 and Beyond?

DON'T MISS

First California EV Mandates Hit Automakers This Year. Most Are Not Even Close

DON'T MISS

Trump Faces Uproar From MAGA Base Over Possible Iran Strike

DON'T MISS

Iran Would Accept Trump’s Offer to Meet Soon, New York Times Reports

DON'T MISS

Meta in Talks to Hire Former GitHub CEO Nat Friedman to Join AI Efforts, The Information Reports

DON'T MISS

Fed Keeps Rates Steady but Pencils in Two Cuts by End of 2025, Warns of Inflation Ahead

DON'T MISS

Putin Says He Does Not Want to Discuss the Possible Israeli-US Killing of Iran’s Supreme Leader

DON'T MISS

A Little Coffee With Your Whiskey? Downtown Fresno Gets New Craft Cocktail Lounge

DON'T MISS

‘Any Illegal Immigrants?’ Trump Quizzes Workers at the White House

DON'T MISS

What Is Juneteenth and When Did It Become a US Federal Holiday?

DON'T MISS

US B-2 Bombers, Bunker-Busters and Alternatives

DON'T MISS

US Social Security, Medicare to Run Short of Funds in 2033, Trustees Say

UP NEXT

Iran Would Accept Trump’s Offer to Meet Soon, New York Times Reports

UP NEXT

Meta in Talks to Hire Former GitHub CEO Nat Friedman to Join AI Efforts, The Information Reports

UP NEXT

Fed Keeps Rates Steady but Pencils in Two Cuts by End of 2025, Warns of Inflation Ahead

UP NEXT

Putin Says He Does Not Want to Discuss the Possible Israeli-US Killing of Iran’s Supreme Leader

UP NEXT

A Little Coffee With Your Whiskey? Downtown Fresno Gets New Craft Cocktail Lounge

UP NEXT

‘Any Illegal Immigrants?’ Trump Quizzes Workers at the White House

UP NEXT

What Is Juneteenth and When Did It Become a US Federal Holiday?

UP NEXT

US B-2 Bombers, Bunker-Busters and Alternatives

UP NEXT

US Social Security, Medicare to Run Short of Funds in 2033, Trustees Say

UP NEXT

Buss Family to Sell Lakers, Report Says

Fed Keeps Rates Steady but Pencils in Two Cuts by End of 2025, Warns of Inflation Ahead

6 hours ago

Putin Says He Does Not Want to Discuss the Possible Israeli-US Killing of Iran’s Supreme Leader

7 hours ago

A Little Coffee With Your Whiskey? Downtown Fresno Gets New Craft Cocktail Lounge

8 hours ago

‘Any Illegal Immigrants?’ Trump Quizzes Workers at the White House

8 hours ago

What Is Juneteenth and When Did It Become a US Federal Holiday?

8 hours ago

US B-2 Bombers, Bunker-Busters and Alternatives

8 hours ago

US Social Security, Medicare to Run Short of Funds in 2033, Trustees Say

8 hours ago

Buss Family to Sell Lakers, Report Says

8 hours ago

Trump Administration Resuming Student Visa Appointments, Official Says

8 hours ago

Teen Girl Accused as Getaway Driver in Caleb Quick Murder Appears in Court

9 hours ago

Trump Faces Uproar From MAGA Base Over Possible Iran Strike

WASHINGTON – The prospect of a U.S. strike against Iran has exposed divisions in the coalition of supporters that brought President Do...

6 hours ago

U.S. President Donald Trump holds a 'Make America Great Again' (MAGA) hat as he attends the commencement ceremony at West Point Military Academy in West Point, New York, U.S., May 24, 2025. REUTERS/Eduardo Munoz/File Photo
6 hours ago

Trump Faces Uproar From MAGA Base Over Possible Iran Strike

6 hours ago

Iran Would Accept Trump’s Offer to Meet Soon, New York Times Reports

6 hours ago

Meta in Talks to Hire Former GitHub CEO Nat Friedman to Join AI Efforts, The Information Reports

6 hours ago

Fed Keeps Rates Steady but Pencils in Two Cuts by End of 2025, Warns of Inflation Ahead

Russian President Vladimir Putin chairs a meeting with members of the Security Council via a video link at the Novo-Ogaryovo state residence outside Moscow, Russia June 10, 2025. (Reuters File)
7 hours ago

Putin Says He Does Not Want to Discuss the Possible Israeli-US Killing of Iran’s Supreme Leader

8 hours ago

A Little Coffee With Your Whiskey? Downtown Fresno Gets New Craft Cocktail Lounge

President Donald Trump talks about the new flag pole being installed on the South Lawn of the White House, in Washington, Wednesday, June, 18, 2025. President Trump decided to check the immigration status of a work crew installing a new flagpole at the White House. (Doug Mills/The New York Times)
8 hours ago

‘Any Illegal Immigrants?’ Trump Quizzes Workers at the White House

8 hours ago

What Is Juneteenth and When Did It Become a US Federal Holiday?

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

Search

Send this to a friend