Trump is trying to kill a carbon tax on global shipping. He may not succeed.
The U.S. has threatened countries supporting the tax with visa restrictions, tariffs, and port fees. A slim majority of nations still back it.
Defiant Iran has threatened to double down on its closure of the Strait of Hormuz.
The back and forth between the US and Iran continues with both sides asserting their control in the war.
UAE signalling intent to pursue independent economic policies and reshape Gulf oil politics.
The US blockade of tankers serving Iran's oil exports is intended to cut Iranian oil exports to near-zero.
On February 28, the US and Israel launched new attacks on Iran targeting primarily the country's leadership, security forces, and missile program.
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