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U.S. Energy Secretary Wright: Iran may continue to reduce production because storage space is full.

2026-05-07

U.S. Energy Secretary Wright: Iran may continue to reduce production because storage space is full.

Other News
2026-05-07

FED'S GOOLSBEE SAYS HE IS OPEN TO NEW WAYS OF THINKING ABOUT INFLATION

FED'S GOOLSBEE SAYS HE IS OPEN TO NEW WAYS OF THINKING ABOUT INFLATION
2026-05-07

Senior Iranian official Mohsen Rezaei said Tehran would not allow the U.S. to reopen the Strait of Hormuz under an “unrealistic plan” without compensation for war damage, according to Iran’s state broadcaster Press TV. Rezaei, a longtime adviser to l

Senior Iranian official Mohsen Rezaei said Tehran would not allow the U.S. to reopen the Strait of Hormuz under an “unrealistic plan” without compensation for war damage, according to Iran’s state broadcaster Press TV. Rezaei, a longtime adviser to late Supreme Leader Ali Khamenei, was referring to a 14-point U.S. proposal aimed at reopening the waterway and ending the conflict. He said any agreement must deliver “tangible benefits” for Iran rather than a “flamboyant” gesture” from Washington, and added Iran would continue demanding reparations even if U.S. forces withdraw from the region.
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