Top Stories Daily Listen Now
RawStory

MSN

Trump's 'head-spinning 180 degree turn' could drain US oil reserves to worrisome lows: WSJ

President Donald Trump's "head-spinning" reversal plan to release strategic oil reserves in response to his war against Iran could drain U.S. strategic oil reserves to levels not seen in nearly two decades, the Wall Street Journal reported on Thursday.

"According to the officials, U.S. Energy Secretary Chris Wright gave his counterparts in the Group of Seven nations the White House’s position Tuesday morning: A massive intervention in oil markets was premature because the price of oil had recently dipped below $90 a barrel," said the report. "Less than two hours later, U.S. officials reversed their earlier position and pushed their counterparts for a major release of oil, said people familiar with the matter. The 180 degree turn was entirely due to a change of heart by President Trump, said a senior administration official."

Keep reading... Show less

'We make a lot of money': Trump tries to convince people that high oil prices are good

Two weeks into the war with Iran, President Donald Trump said that he had concluded that high oil prices benefit America.

"The United States is the largest Oil Producer in the World, by far, so when oil prices go up, we make a lot of money," the U.S. President wrote in a Truth Social post on Thursday. "BUT, of far greater interest and importance to me, as President, is stoping [sic] an evil Empire, Iran, from having Nuclear Weapons, and destroying the Middle East and, indeed, the World. "

Keep reading... Show less

'No one gives a bleep': Trump orders GOP to derail bipartisan affordability legislation

President Donald Trump has worked behind the scenes to tank Republican support for a bipartisan bill in the Senate that would tackle housing affordability, Punchbowl News reported on Thursday.

The main issue, noted the report, is his insistence that his pet voter suppression bill, which just passed the House, be adopted in the Senate — something GOP leaders have said they don't have the votes for.

Keep reading... Show less

Nobel Prize winner says 'bloody shambles' of Iran war raise 'one big question'

A Nobel Prize winner has suggested the war with Iran is a turning point for Donald Trump's administration for all the wrong reasons.

Paul Krugman believes the president has fully played his hand in the Middle East and revealed he has intentionally picked incompetent advisors and allies who would rarely, if ever, challenge his actions in office. This, the economist believes, is why Trump has received little pushback from the elites who funded his campaign, and how Trump will continue carrying out this war.

Keep reading... Show less

Trump Energy secretary stumbles over his words when confronted by CNN host about Iran

President Donald Trump's energy secretary stumbled over his words when CNN's Kate Bolduan challenged him on global oil disruptions caused by the war in Iran.

Oil tankers are unable to pass through the crucial Strait of Hormuz due to the threat of Iranian drones, missiles and mines, and the price of oil has surged past $100 a barrel, but Energy Secretary Chris Wright insisted on "CNN News Central" that Americans should be willing to shoulder the burden of higher gas costs.

Keep reading... Show less

Kristi Noem's right-hand man at DHS given the boot by admin officials: insider

A right-hand man to former Department of Homeland Security head Kristi Noem has reportedly been removed from his position at the agency.

Noem, who has been reshuffled in Donald Trump's cabinet to a newly created position, the Special Envoy for the Shield of the Americas, had appointed the likes of Corey Lewandowski and Joseph Mazzara to her aides during her year-long stint at the department. Mazzara has since been removed from his position at the DHS, and it is believed Lewandowski may be set to follow.

Keep reading... Show less

Trump must be wary of sleepwalking into Iraq war-like scenario with one move: expert

Donald Trump must be wary of walking into an Iraq-war-like scenario with Iran, a military intelligence expert has warned.

Colonel Jonathan Sweet, who spent 30 years as an intelligence expert and led the US European Command Intelligence Engagement Division from 2012 to 2014, believes the current strikes on Iran may start to line up with how the Iraq war escalated under President George W. Bush. While Col. Sweet and national security reporter Mark Toth urged Trump to find the center of Iran's military with a potential boots-on-the-ground operation, doing so would pave the way to a repeat of the US involvement in Iraq.

Keep reading... Show less

Iran is systematically taking out crucial US missile defense tools: reports

Iran has repeatedly and methodically targeted U.S. missile defense infrastructure in response to Operation Epic Fury.

The Pentagon has confirmed an Iranian strike on a radar system at Muwaffaq Salti Air Base in Jordan valued at $300 million, and Iran's response – called Operation True Promise 4 – has surgically focused on targeting the detection systems that underpin the entire U.S. defensive architecture in West Asia, reported Monthly Review Online.

Keep reading... Show less

'Overcompensating' Pete Hegseth laughed at by MS NOW panel over photo panic

Reports that Defense Secretary Pete Hegseth has banned outside photographers from the Pentagon because he thinks they were taking “unflattering” pictures of him led to laughter on MS NOW on Thursday morning with the only female panelist taking the lead in belittling the former Fox News personality.

After two press conferences on the war in Iran, “members of Hegseth’s staff reportedly told colleagues they did not like the way the defense secretary looked. In press briefings on March 4 and March 10, photographers were not permitted inside," the Independent reported.

Keep reading... Show less

Trump warned he's taking his fans for granted: 'The numbers are just heinous'

Donald Trump’s sojourn to Kentucky on Wednesday, where he used his bully pulpit to attack Rep. Thomas Massie (R) in his home territory, led to questions over whether the president is his own worst enemy.

Massie, a far-right Republican, has been a thorn in Trump’s side not only on the Jeffrey Epstein files, but also with his attacks on the president for not living up to his promises to the MAGA supporters.

Keep reading... Show less

Ticketmaster parent execs privately laugh over price-gouging: 'These people are so stupid'

Newly revealed internal communications show a pair of executives at entertainment venue giant Live Nation laughing about how much they are able to gouge people for concert tickets.

"In a series of chats from 2022, Ben Baker and Jeff Weinhold, two regional directors of ticketing for Live Nation amphitheaters, boasted about their ability to raise so-called 'ancillary fees' – like parking, lawn chair rentals and VIP access – and still get concertgoers to pay for them," reported Bloomber News. "In one exchange, Weinhold gloated about raising VIP parking costs at a Virginia concert venue to $250. 'These people are so stupid. I almost feel bad taking advantage of them,' Baker wrote, adding later, 'I gouge them on ancil prices.' In another exchange, he bragged about charging '$50 to park in the grass' and '$60 for closer grass.'"

Keep reading... Show less

Real-world events collide with Trump's 'we won' declaration on Iran

The images of two oil tankers set ablaze Thursday in Iraqi waters offered a jarring split-screen to President Donald Trump's declaration that "we won" the war against Iran.

The 79-year-old president held a campaign-style rally in Hebron, Kentucky, on Wednesday, where he insisted that joint U.S.-Israeli military operations had "virtually ⁠destroyed Iran," but that statement was quickly punctured by stepped-up attacks in the Persian Gulf, reported Reuters.

Keep reading... Show less

Trump family member says president's answer to military question 'should alarm everyone'

Donald Trump's bizarre reply to a question on Iran's militaristic capabilities should worry everyone, his niece Mary Trump has said.

The political commentator and relative of the president urged people to take his words seriously, especially when it came to the military might of a country the administration has bombed over the last two weeks. Trump confirmed strikes would be taken against Iran, with the US joining with Israel's missile launches on the Middle Eastern country.

Keep reading... Show less