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 4 days 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

Will Trump Loyalist Devin Nunes Be Tapped to Head the CIA?

DON'T MISS

Gov. Newsom Said No, but California Voters Overwhelmingly Said Yes

DON'T MISS

Mike Tyson-Jake Paul: How to Watch the Fight, Time, Odds

DON'T MISS

Travel in the West Bank Is a Tale of Two Journeys

DON'T MISS

Chris Wallace Is Leaving CNN, Eager to Explore New Media Landscape

DON'T MISS

Merced’s Iconic Laura Fountain Returns to Splendor With $300K Restoration

DON'T MISS

If You Thought Trump Wasn’t Serious About Deportations, Look at His First Appointments

DON'T MISS

Biden EPA to Charge First-Ever ‘Methane Fee’ for Emissions Waste by Oil and Gas Companies

DON'T MISS

Trump Picks Former Arkansas Gov. Mike Huckabee to Be Ambassador to Israel

DON'T MISS

At the Pandemic’s Start, Americans Began Drinking More. They Still Are.

UP NEXT

Gov. Newsom Said No, but California Voters Overwhelmingly Said Yes

UP NEXT

Mike Tyson-Jake Paul: How to Watch the Fight, Time, Odds

UP NEXT

Travel in the West Bank Is a Tale of Two Journeys

UP NEXT

Chris Wallace Is Leaving CNN, Eager to Explore New Media Landscape

UP NEXT

Merced’s Iconic Laura Fountain Returns to Splendor With $300K Restoration

UP NEXT

If You Thought Trump Wasn’t Serious About Deportations, Look at His First Appointments

UP NEXT

Biden EPA to Charge First-Ever ‘Methane Fee’ for Emissions Waste by Oil and Gas Companies

UP NEXT

Trump Picks Former Arkansas Gov. Mike Huckabee to Be Ambassador to Israel

UP NEXT

At the Pandemic’s Start, Americans Began Drinking More. They Still Are.

UP NEXT

Last GOP Congressman Anchored in Democratic LA County Concedes in Race Against Former NASA Exec

Travel in the West Bank Is a Tale of Two Journeys

1 hour ago

Chris Wallace Is Leaving CNN, Eager to Explore New Media Landscape

1 hour ago

Merced’s Iconic Laura Fountain Returns to Splendor With $300K Restoration

2 hours ago

If You Thought Trump Wasn’t Serious About Deportations, Look at His First Appointments

2 hours ago

Biden EPA to Charge First-Ever ‘Methane Fee’ for Emissions Waste by Oil and Gas Companies

2 hours ago

Trump Picks Former Arkansas Gov. Mike Huckabee to Be Ambassador to Israel

2 hours ago

At the Pandemic’s Start, Americans Began Drinking More. They Still Are.

3 hours ago

Last GOP Congressman Anchored in Democratic LA County Concedes in Race Against Former NASA Exec

3 hours ago

Aid Groups Say Israel Misses US Deadline to Boost Humanitarian Aid Entering Gaza

3 hours ago

Speaker Mike Johnson Says Republicans Are ‘Ready to Deliver’ on Trump’s Agenda

3 hours ago

Will Trump Loyalist Devin Nunes Be Tapped to Head the CIA?

No one is quite sure of the future plans for Devin Nunes. Could he join the new Trump administration? Perhaps the lack of knowledge makes Nu...

16 seconds ago

Photo of Devin Nunes
16 seconds ago

Will Trump Loyalist Devin Nunes Be Tapped to Head the CIA?

49 mins ago

Gov. Newsom Said No, but California Voters Overwhelmingly Said Yes

58 mins ago

Mike Tyson-Jake Paul: How to Watch the Fight, Time, Odds

Grigory Kels Tsvi, left, crosses the West Bank on a bus, May 10, 2024. Israel says it manages the roads to reduce friction and prevent militant attacks on Israelis — rights groups say the movement restrictions on Palestinians create deep inequality. (Sergey Ponomarev/The New York Times)
1 hour ago

Travel in the West Bank Is a Tale of Two Journeys

1 hour ago

Chris Wallace Is Leaving CNN, Eager to Explore New Media Landscape

2 hours ago

Merced’s Iconic Laura Fountain Returns to Splendor With $300K Restoration

2 hours ago

If You Thought Trump Wasn’t Serious About Deportations, Look at His First Appointments

2 hours ago

Biden EPA to Charge First-Ever ‘Methane Fee’ for Emissions Waste by Oil and Gas Companies

Search

Send this to a friend