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strikeApr 16, 2026

Iran threatens oil choke as US targets banks; Gabbard files referrals over impeachment whistleblower

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President Donald Trump claims the war is “close to over,” but Iran says it can still choke off global oil. Threats now stretch well beyond Hormuz, putting multiple shipping lanes at risk. Plus, impeachment talk is back — and expanding. Democrats are now targeting more than just Trump as pressure builds on multiple fronts. And Ticketmaster and Live Nation take a major hit in court. A jury finds they overcharged fans, with penalties now up to a judge. These stories and more highlight your Unbiased Updates for Thursday, April 16, 2026. Download the SAN app today to stay up-to-date with Unbiased. Straight Facts™. Point phone camera here US prepares new economic strike on Iran with sanctions targeting global banks tied to Tehran The conflict with Iran is shifting into economic warfare. Iran is now threatening to expand the fight, warning it could target shipping across the Persian Gulf, the Sea of Oman and the Red Sea if the U.S. keeps its blockade in place at the Strait of Hormuz. Meanwhile, Treasury Secretary Scott Bessent said the U.S. is preparing to escalate its own pressure, planning secondary sanctions on global financial institutions that do business with Iran. Bessent called it the “financial equivalent” of a bombing campaign. For now, a two-week ceasefire is holding, but the threats are not. A military adviser to Iran’s supreme leader warned Iran could sink U.S. ships in the Strait of Hormuz if American forces continue to “police” the waterway. Israel said it is ready to resume strikes inside Iran if talks collapse. Prime Minister Benjamin Netanyahu said, “We are prepared for any scenario.” Israel has also stepped up its campaign against Iran-backed Hezbollah in Lebanon, with new strikes in the south overnight. President Donald Trump said on Truth Social late Wednesday night that Israel and Lebanon could hold direct talks for the first time in decades, aimed at a possible ceasefire. Democrats move to impeach Hegseth, citing war in Iran, Signalgate House Democrats have filed formal articles of impeachment against Defense Secretary Pete Hegseth, tied to the war in Iran. The resolution, led by Rep. Yassamin Ansari, D-Ariz., lays out six articles. They include unauthorized war, reckless endangerment of U.S. service members, targeting of civilians and politicization of the armed forces. It accuses Hegseth of “willful disregard for the constitution,” abusing the powers of his office and acting in a way “grossly incompatible with the rule of law.” The Pentagon has pushed back. A spokesperson called the effort “just another Democrat trying to make headlines” and “an attempt to distract from the department’s successes.” With Republicans controlling the House, the measure is unlikely to advance. Gabbard seeks charges in impeachment case, targeting whistleblower and former inspector general Director of National Intelligence Tulsi Gabbard has asked the Justice Department to consider criminal charges over the whistleblower complaint that helped trigger Trump’s first impeachment. Gabbard has sent two criminal referrals, one targeting the whistleblower and the other targeting former Inspector General of the Intelligence Community Michael Atkinson. Her office has accused Atkinson of misusing the whistleblower process after a 2019 phone call between Trump and Ukrainian President Volodymyr Zelenskyy. That call became the foundation for House Democrats to impeach Trump. The whistleblower flagged the call as an “urgent concern,” alleging Trump pressed Zelenskyy to investigate political rival former President Joe Biden. Gabbard claims the complaint relied on secondhand information and what she calls “concocted narratives” from “deep state actors” to push it to Congress. The whistleblower’s identity has never been made public. The Justice Department will now decide whether to pursue charges. Atkinson, who was fired by Trump in 2020, has said he acted properly and followed the law. Gabbard, however, argues he put politics ahead of facts. Sotomayor apologizes to Kavanaugh for ‘inappropriate’ public criticism U.S. Supreme Court Justice Sonia Sotomayor has apologized to fellow Justice Brett Kavanaugh for comments she made during an appearance last week. Sotomayor did not name Kavanaugh directly, but she referred to a vote last year that enabled the Trump administration to conduct broad immigration sweeps. Kavanaugh was the only justice to explain his reasoning, writing that stops by federal agents to check a person’s legal status would be “temporary” and “reasonable.” During an appearance at the University of Kansas Law School, Sotomayor appeared to take aim at his perspective, saying the opinion came “from a man whose parents were professionals and probably doesn’t really know anyone who works by the hour.” In a statement released Wednesday, the court said Sotomayor called the remarks “inappropriate” and that she has since apologized to her colleague. Jury finds Live Nation ran illegal monopoly in landmark Ticketmaster case A major loss for Live Nation and Ticketmaster came when a federal jury found the company operated as an illegal monopoly. The verdict came in a civil antitrust case brought by 34 states, which accused Live Nation and its Ticketmaster unit of stifling competition, limiting choice and driving up ticket prices for fans. The jury found Live Nation liable for anticompetitive conduct and determined that Ticketmaster overcharged consumers, including concert-goers, for tickets sold from May 2020 through 2024. In a statement, California Attorney General Rob Bonta said, “This verdict shows just how far states can go to protect our residents from big corporations that are using their power to illegally raise prices and rip off Americans.” NEWS: A jury today found Live Nation/ Ticketmaster liable for being an illegal monopolist that harmed consumers and the music industry.— Rob Bonta (@AGRobBonta) April 15, 2026 This is a historic and resounding victory for artists, fans, and the venues that support them. pic.twitter.com/YWjzdWuJU3 The case now returns to the judge, who will decide on damages, penalties, consumer restitution and any changes the company may be required to make. That could be costly. The jury found Ticketmaster overcharged by $1.72 per ticket, and with triple damages available under federal law, the total could reach billions of dollars. The ruling could open the door to broader changes, including possible divestitures or even a breakup of Live Nation and Ticketmaster — though any remedy will be contested in a separate proceeding. Live Nation has long denied being a monopoly and argued that it competes lawfully in a crowded market. Madonna announces new dance album set for July release Madonna is back, and she’s heading straight for the dance floor. The pop icon announced a new album, “Confessions on a Dance Floor: Part II,” set for release on July 3. It’s her first full project in seven years. She broke the news on Instagram, sharing the cover and a quick teaser. For the album, she reunited with producer Stuart Price, the same collaborator behind her 2005 hit record. That original “Confessions on a Dance Floor” gave us tracks like “Hung Up” and “Sorry.” Now, she’s picking up right where she left off. Madonna called the dance floor “a ritualistic space,” saying this new project is about connection, escape and pushing limits. No word yet on a tour, but safe to say she’s urging “everybody to get up, dance, do your thing, everybody c’mon dance and sing.” More from Straight Arrow News: What 50 years of oil shocks explain about the future of gas prices Gas prices go up and down with world events that shake the global oil market. The war in Iran, which led to Iran’s de facto blockade of the Strait of Hormuz, is only the latest such example. While refining, distribution and taxes all factor into the price of gasoline, the majority of what Americans pay at the pump is determined by the price of oil. When adjusted for inflation, global events that disrupt oil markets have caused gasoline prices to surge past $5 and even $6 per gallon at various points in recent history. In the video above, Straight Arrow News walks through 50 years of gasoline prices. Experts told SAN the 2026 attacks on Iran and Iran’s decision to close the Strait of Hormuz have created the biggest disruption in the past 50 years. “It is without a doubt the largest supply disruption in the history of global oil markets,” said Christiane Baumeister, an economist at the University of Notre Dame focused on energy markets. “The severity of this event is not fully reflected in prices yet. Oil supplies are much tighter than what the market price currently suggests.”

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  • Craig Nigrelli; Devan Markham; Julia Marshall; Jason K Morrell; Shea TaylorBy Craig Nigrelli; Devan Markham; Julia Marshall; Jason K Morrell; Shea Taylor

    President Donald Trump claims the war is “close to over,” but Iran says it can still choke off global oil. Threats now stretch well beyond Hormuz, putting multiple shipping lanes at risk. Plus, impeachment talk is back — and expanding. Democrats are now targeting more than just T

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Advertisement Middle East Crisis US-Iran War Live: US weighs troop pullback from Gulf following damage in Iran war, report says New Delhi,UPDATED: Aug 19, 2026 02:00 IST US-Iran War Live Updates: US President Donald Trump said on Tuesday that no talks with Iran were taking place or scheduled, while insisting that the Strait of Hormuz remained open.

"There are no talks or conversations going on, or scheduled, with the Islamic Republic of Iran. The Naval Blockade remains in full force and effect. The Hormuz Strait is open and operating. All water mines have been removed or detonated," Trump said on Truth Social.

Iran, however, maintained that the waterway would remain closed until Washington met conditions under an interim deal signed in June, including lifting the blockade on Iranian ports, removing oil sanctions, unfreezing Iranian assets and ending military operations.

The conflicting claims came as Jared Kushner, Trump’s son-in-law and special envoy, said on Monday that US-Iran contacts were "probably more robust than it's maybe ever been". Meanwhile, the UAE said it detected two ballistic missiles launched from Iran, which it assessed were targeting "maritime traffic".

Both missiles fell into the sea, according to the UAE Defence Ministry. Iran did not immediately comment. The incident was reported as a 60-day window for US-Iran peace talks expired without a breakthrough, raising fears of renewed escalation and further disruption to shipping through Hormuz.

The UAE had also recently accused Iran of attacking ADNOC vessels transiting the strait, although Tehran has not claimed responsibility. Follow indiatoday.in for live updates....Read More (Photo: X/@CENTCOM) 2 Aug 19, 2026 02:00 IST US Iran war: US weighs troop pullback from Gulf after Iran war damage, report says The US Defense Department is considering reducing its military presence in the Persian Gulf after its bases and facilities sustained damage during the war with Iran, The Washington Post reports.

The conflict has given Washington a “once-in-a-generation chance” to reassess its long-term military footprint in the Gulf, according to the report. One option under consideration is moving some US troops and military facilities further west, including to Jordan and Israel.

American refuelling aircraft have been stationed in Israel during the war. Aug 19, 2026 01:59 IST Middle East crisis: Here's what happened so far - US-Iran talks: Trump said no talks with Iran are underway or scheduled. - Trump on Hormuz: He said the Strait of Hormuz is open and operating, while the US naval blockade remains in force.

- Iran’s position: Top negotiator Mohammad Baqer Qalibaf said Hormuz will remain closed until US demands under the June interim deal are met. - Iran’s demands: Tehran wants the US to lift the blockade on its ports, remove oil sanctions, unfreeze Iranian assets and end military operations.

- Kushner’s account: Jared Kushner said on Monday that US-Iran contacts were “probably more robust than it’s maybe ever been.” - Talks stalled: A senior Iranian official said Tehran would shift to a “fully offensive” military posture as efforts to reach a permanent deal have stalled.

- UAE missile alert: The UAE said it detected two ballistic missiles launched from Iran. - Missiles fell at sea: The UAE Defence Ministry said both missiles fell into the sea and were assessed to have been targeting “maritime traffic.” - No Iranian claim: Iran has not immediately commented on the UAE's missile allegation.

- 60-day window expires: The missile incident followed the expiry of a 60-day window for US-Iran peace talks on Monday without a breakthrough. - UAE all-clear: The UAE earlier told residents the situation was safe and asked them to resume normal activities after the missile warning.

- ADNOC vessels: The UAE has accused Iran of attacking its state-owned ADNOC vessels transiting Hormuz. Iran has not claimed responsibility for those attacks.

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President Donald Trump has made another bombastic pronouncement amid the war with Iran. On Tuesday, he shared a map labeling the Strait of Hormuz “NEW U.S. Territory,” via his Truth Social platform. Iran has continued to stress that the strait will not be fully reopened until Washington meets its slew of demands, including ending its blockade on Iranian shipping and scrapping oil sanctions.

Ship Hit in Strait Just hours before Trump’s latest post, a vessel exiting the Strait of Hormuz was struck by an unidentified projectile off the coast of Oman. According to the United Kingdom Maritime Trade Operations, the ship’s engine room was hit, resulting in a “crew casualty.

” Officials did not immediately identify the vessel or its cargo. The Omani Coast Guard said it was assisting the remaining crew as authorities investigated the incident. Iran’s Stranglehold on the Strait Since the United States and Israel launched attacks on the Islamic Republic on February 28, Iran has tightly restricted shipping through the waterway.

Prior to the war, around one-fifth of globally traded oil passed through Hormuz. Iranian parliamentary speaker Mohammad Bagher Qalibaf said Tuesday that Tehran would maintain its restrictions until Washington fulfilled what Iran considers its commitments under the interim U.

S.-Iran agreement struck in June. Those demands include lifting the U.S. blockade of Iranian ports, releasing frozen Iranian assets, removing sanctions on Iranian oil and gas exports, and ending U.S. military threats and operations. “Until the United States fulfills its commitments under the agreement … the Strait of Hormuz will not reopen,” Qalibaf said.

Blockade Vs. Territory Asked in the Oval Office on Monday about his earlier suggestion that Hormuz could become American territory, the president said he liked the idea. “We control it with the blockade, and I like the idea of declaring it a territory,” Trump told reporters, adding: “We have total control over the strait now.

” Washington’s blockade is hitting Iranian shipping hard. U.S. Central Command said Monday that American forces had redirected 64 commercial vessels, disabled three ships, and boarded another two as part of the renewed blockade. That does not mean Washington has eliminated Iran’s ability to disrupt other shipping.

Tuesday’s unexplained attack came after a string of strikes on vessels attempting to navigate the area. Iran’s Deputy Foreign Minister Kazem Gharibabadi also rejected Trump’s territorial claim on Tuesday, describing it as a “delusion.” Tehran has repeatedly maintained that it, rather than Washington, will determine when normal passage through the strait resumes.

Iran and Oman Near Deal Complicating matters further are separate negotiations between Iran and Oman, the two countries sitting on opposite sides of the strait. Iran said Monday that the two governments were finalizing details of an agreement concerning shipping routes through Hormuz.

Foreign Ministry spokesman Esmail Baghaei said an “understanding has been reached regarding the map of the transit route.” Trump responded by threatening Oman, a longstanding U.S. partner, telling Fox News that Washington would “bomb the shit out of them” if Muscat “gets in the way.

” The diplomatic clock has already run down. The 60-day negotiating period established by the June memorandum between Washington and Tehran expired on Monday without a broader agreement being reached. Trump has said the United States is not seeking an extension.

Tehran Likely to Double Down Columnist Melanie Phillips slammed President Trump’s plans for a ceasefire last month, complaining that it had given Tehran the upper hand and showed that “everyone can now see America is not prepared to make the sacrifices necessary to defend itself.

” Trump has claimed Iran has essentially lost this war and that the blockade is massively damaging its economy. However, he has also instructed his team to pursue a “low-key” approach to talks. On July 7, Trump said the agreement was “over”, while Iran’s Foreign Ministry said it was “suspended” the following week.

“They should put up the white flag of surrender,” Trump told Fox News on Monday, claiming that backchannel talks with the Islamic Revolutionary Guard Corps (IRGC) were ongoing. The IRGC has denied these claims. On Tuesday, Trump dramatically changed his tune, stating that no talks with Iran were ongoing, and that no discussions were scheduled.

About the Author: Georgia Gilholy Georgia Gilholy is a journalist based in the United Kingdom who has been published in Newsweek, The Times of Israel, and the Spectator. Gilholy writes about international politics, culture, and education.

Location: Tehran
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Iran War Day 172: ‘No Talks’ Scheduled with Tehran, Trump Says In a post on Truth Social Tuesday President Donald Trump said that “there are no talks or conversations going on, or scheduled, with the Islamic Republic of Iran.” Trump added that the U.

S. naval blockade on the Strait of Hormuz “remains in full force and effect” and that the waterway “is open and operating.” In a separate post, Trump published an image labelling the strait as “NEW U.S. Territory.” Only six commodity ships transited the Strait of Hormuz on Monday, according to Kpler data cited by Reuters.

Iran’s Speaker of Parliament Mohammad Bagher Ghalibaf said Tuesday, Until the commitments made by the United States in the memorandum of understanding, including the lifting of the blockade, the release of frozen assets, the lifting of oil sanctions, the end of threats and military operations on all fronts, and other conditions to which America agreed in the memorandum, are implemented, the strait will not be opened.

The deadline for that memorandum of understanding—signed by Trump and Iran’s president in June—expired on Monday. The two nations had agreed to negotiate a final peace deal over a 60-day period, but the framework agreement quickly fell apart, and the deadline seemingly wasn’t extended, despite mixed reporting.

Subscribe Today Get daily emails in your inbox Ghalibaf will lead a “high-level parliamentary delegation” to Iraq on Wednesday, Iran’s Fars news agency reported. The visit comes as pro-Iran militia groups face a September 30 deadline set by the Iraqi government to disarm.

Syria condemned reported Israeli strikes against Abu Duhur airbase on Tuesday, while the U.S. expressed concern over the incident. U.S. Ambassador to Turkey and special envoy for Syria and Iraq Tom Barrack wrote on X that “we are deeply concerned that the confirmed Israeli airstrikes on Abu al-Duhur Airbase constitute an unnecessary escalation that does not advance regional stability.

” The price of Brent Crude oil was over $91 per barrel on Tuesday morning. AAA recorded the national average price of regular gas at $4.07.

Location: Tehran
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U.S. President Donald Trump said on Tuesday no talks were taking place with Iran and none were scheduled, and he insisted that the Strait of Hormuz was open, contradicting an earlier Iranian assertion that the critical waterway remained shut to shipping.

The receding prospects of a deal to end the nearly six-month conflict drove up oil prices again on Tuesday, while stock markets sagged and borrowing costs for major economies including the U.S. hit multi-decade highs, amid concerns about the long-term inflationary and fiscal impact of the crisis.

A temporary ceasefire agreement expired on Monday and a senior Iranian official told Reuters that his country was moving to a “fully offensive” military posture due to the diplomatic stalemate, though there were no reports of fresh strikes by either side on Tuesday.

“There are no talks or conversations going on, or scheduled, with the Islamic Republic of Iran,” Trump said in a post on Truth Social on Tuesday. “The Naval Blockade remains in full force and effect. The Hormuz Strait is open and operating. All water mines have been removed or detonated,” he added.

On Monday, Jared Kushner, Trump's son-in-law and special envoy, had sounded an optimistic note, saying talks with Iran were still under way and were “probably more robust” than they had ever been. Despite Trump's typically ebullient remarks about the situation in the Gulf, preliminary shipping data on Tuesday showed ship crossings via the Strait of Hormuz were still in single digits on Monday.

The United Kingdom Maritime Trade Operations said it received a report on Tuesday that a vessel was struck by an unknown projectile while transiting outbound in the Strait of Hormuz, causing engine room damage and a crew casualty. The remaining crew were being assisted by the Omani Coast Guard, according to the report.

Top Iranian negotiator Mohammad Baqer Qalibaf said in comments published by state media that the strait would remain shut until the U.S. met the conditions of an interim deal signed with Iran in June. These conditions include the U.S. lifting its blockade of Iranian ports, lifting oil sanctions, releasing Tehran's frozen assets, and ending threats and military operations on all fronts, Qalibaf told parliament.

A memorandum of understanding signed on June 17 had set a 60-day time frame for a broader deal on Iran's nuclear programme and U.S. sanctions. That period elapsed on Monday and Trump said he had no plans to extend it. The agreement, which declared the “immediate and permanent termination of military operations on all fronts,” had quickly unravelled over a dispute about control of the Strait of Hormuz, the narrow waterway through which a fifth of global oil and liquefied natural gas flowed before the war.

Both Trump and Tehran have frequently switched between threats and more emollient rhetoric as they seek a way out of the crisis, which erupted when the U.S. and Israel launched strikes against Iran on February 28. Iran remains open to dialogue with the U.

S. but does not confuse negotiations with surrender, Mohammad Mokhber, an adviser to Iran's supreme leader, said on Tuesday, according to the semi-official Fars news agency. Mokhber said military pressure and sanctions would not break Iran's resolve and that the country would defend its security, dignity and allies while not seeking war.

Even as Iran projects resilience in the war, its leaders are worried that a threat of more economic punishment could increase hardships, reignite unrest and further erode the Islamic Republic’s legitimacy, according to three Iranian officials. Thousands of people have been killed in the conflict, mainly in Iran and Lebanon.

Iran has bombed U.S. military bases and infrastructure in countries including Oman, Jordan, Kuwait, Israel, the United Arab Emirates and Saudi Arabia. Benchmark Brent crude oil futures have surged during the conflict, hitting a peak of $126 a barrel, roughly 75% above pre-war levels.

Brent crude futures settled up 20 cents on Tuesday at just over $91 a barrel. For Americans who will vote in November congressional elections, gasoline prices have risen above $4 per gallon, up from less than $3 before the war, according to the automotive group AAA.

Location: Tehran