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strikeApr 16, 2026

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

Summary

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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Japan’s Defense Ministry said Friday that Iran used its geographical advantage to “inflict unbearable costs at a relatively low military expense,” effectively closing the Strait of Hormuz by indicating that it had laid naval mines, Kyodo News reported.

The ministry said Japan would strengthen its defense capabilities based on lessons from the US-Iran war, including by using defense equipment also operated by allies and like-minded partners to help ensure rapid supplies from other countries. It also stressed the need to maintain sufficient missile stockpiles and be prepared to quickly increase defense equipment production in an emergency, according to its first report analyzing the Iran war since February.

The US-Israeli war against Iran began on Feb. 28, with attacks targeting military, nuclear and infrastructure sites across the country. Iran responded with missile and drone strikes against Israel and US military facilities across the region. READ: EU joins US-led campaign to isolate Iran financially: Treasury chief Bessent Washington and Tehran signed a memorandum of understanding on June 18 concerning freedom of navigation through the Strait of Hormuz, but its implementation has stalled amid disagreements over security arrangements in the strait.

The Japanese report also said the country should take its own geographical characteristics into account when developing combat strategies, including the fact that it is surrounded by sea. The report noted the US use of AI to accelerate decision-making and operations, citing attacks on around 1,000 targets within 24 hours, while also highlighting the risk of AI making incorrect judgments.

“It is important to establish a process that maximizes the benefits of AI while ensuring appropriate human involvement,” the ministry said. The report comes ahead of a planned revision of Japan’s key security documents by the end of this year.

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A major offensive by Yemen's Houthis to seize control of the gateway to the Red Sea has left more than 120 people dead, sources told AFP Friday, the country's deadliest clashes in years. Fighting erupted on Thursday, after the Iran-backed Houthis launched a ground assault along with rocket and drone attacks near coastal areas, vying for control of the narrow Bab al-Mandab strait at the Red Sea's southern entrance.

Yemen, embroiled in more than a decade of civil conflict, in July became the latest country to be drawn into the Middle East war as the Houthis upended a 2022 truce with the Saudi-backed government. Since then, the Houthis have imposed a maritime blockade of Saudi Arabia and repeatedly attacked its ships in the Red Sea -- a vital alternative route for oil exports after Iran all but halted Gulf shipments by blockading the Strait of Hormuz.

The rebels are now trying to tighten their hold over the Red Sea, one of the world's busiest shipping lanes, which they have disrupted with attacks on passing vessels since the Gaza war broke out in 2023. The Houthi offensive aims to cut off the government-held port city of Mokha, under fire for weeks, and advance towards areas bordering the Bab al-Mandab, military sources told AFP.

The rebels have seized elevated sites overlooking government positions near the Red Sea and the city of Taiz further inland, a military source and a Taiz official told AFP, requesting anonymity. The Houthis could target ships from these elevated positions, they said.

The toll rose to 129 on Friday, according to an AFP tally compiled from several sources, up from an earlier count of 81. A Yemeni military official speaking on condition of anonymity told AFP that 66 of his men had been killed, while medical and military sources close to the Houthis said at least 62 militants had died.

Another medical source said a civilian had also been killed. Although the Houthis do not control areas bordering Bab al-Mandab, they hold the key port city of Hodeida north of Mokha. "They are going for Bab al-Mandab," said Mohammed al-Basha, of the US-based risk advisory Basha Report.

The Houthis want to control the hills overlooking Bab al-Mandab and Mokha before attacking the coast, a Yemeni official in Aden, the government's base since it was ousted from the rebel-held capital, Sanaa, in 2014. The government has sent reinforcements to Taiz from Aden on Saudi orders, he said.

"The Houthis feel that if they capture Bab al-Mandab or Mokha port they will be in a better position of power to negotiate with the government and the Saudis," Basha added. With Iran's closure of Hormuz, the Bab al-Mandab chokepoint has gained increased importance as a transit route for oil from Saudi Arabia, the world's biggest exporter of crude.

The narrow waterway connects the Red Sea -- and, via the Suez Canal, the Mediterranean -- to the Indian Ocean. In July, a fragile truce between the Houthis and the government fell apart after the rebels welcomed an Iranian plane to Sanaa, setting off a spate of attacks.

They later announced a maritime blockade of Saudi Arabia and began hitting its ships and territory.

Location: Tyre
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If passed, the resolution would follow up on one adopted on June 12 of last year declaring Iran in breach of its non-proliferation obligations for not fully cooperating with an investigation into uranium traces found at undeclared sites. Israel started bombing Iran's nuclear facilities the next day, soon joined by the U.

S. Iran's uranium-enrichment plants were destroyed or badly damaged. Iran has not let International Atomic Energy Agency inspectors return to the bombed sites since then or verify what remains of its stocks of enriched uranium, some of which was enriched to up to 60% purity, a short step from weapons grade.

FRESH DIPLOMATIC ESCALATION A resolution by the IAEA's 35-nation board reporting Iran to the Security Council would also be the culmination of a standoff over IAEA access to those sites, since the board has passed two resolutions in the past year demanding Iran declare its enriched uranium stocks and grant the IAEA full access to verify them.

"(The board) requests the (IAEA) Director General to transmit this resolution and the previously adopted resolutions ... to all Members of the Agency and to the Security Council and the General Assembly of the United Nations," said the latest resolution draft seen by Reuters.

It also "reiterates its call upon Iran to urgently remedy its non-compliance with its Safeguards Agreement by taking all steps deemed necessary by the Agency and the Board, so that the Director General can provide the necessary assurances regarding the correctness and completeness of Iran's declarations".

The draft has not yet been formally submitted to the board and negotiations over the exact wording are ongoing, diplomats said. Whenever the four powers have submitted a draft resolution on Iran in recent years, it has passed. Concrete action by the Security Council against Iran is unlikely since Tehran's allies Russia and China are permanent, veto-wielding members.

IAEA CONCERNS OVER ENRICHMENT Iran has often retaliated following IAEA board resolutions against it by escalating its nuclear activities or scaling back cooperation with the IAEA, but its options for both are currently extremely limited. It is unclear what other repercussions there might be on Tehran's conflict with the U.

S. As a party to the nuclear Non-Proliferation Treaty (NPT), Iran has the right to develop nuclear technology, including enrichment, for peaceful purposes. Iran says it would never produce nuclear weapons. It is, however, the only country to enrich to 60% without making a bomb.

The IAEA has said the amount it has enriched to that level is of serious concern. The IAEA estimates Iran had 440.9 kg of uranium enriched to that level before its sites were bombed. That is enough, if enriched further, for 10 nuclear weapons, according to an IAEA yardstick.

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The US and its allies Britain, France and Germany are pushing other countries on the UN nuclear watchdog's board to pass a resolution next week reporting Iran to the UN Security Council for the first time in 20 years, diplomats said on Friday. If passed, the resolution would follow up on one adopted on June 12 of last year declaring Iran in breach of its non-proliferation obligations for not fully cooperating with an investigation into uranium traces found at undeclared sites.

The US launched an air war against Tehran on February 28 in which, together with Israel, it destroyed or badly damaged Iran's uranium-enrichment facilities. Iran has not let International Atomic Energy Agency (IAEA) inspectors return to the bombed sites since then or verify what remains of its stocks of enriched uranium, some of which was enriched to up to 60% purity, a short step from weapons grade.

Resolution would be culmination of standoff over IAEA's access to nuclear sites A resolution by the IAEA's 35-nation board reporting Iran to the Security Council would also be the culmination of a standoff over IAEA access to those sites, since the board has passed two resolutions in the past year demanding Iran declare its enriched uranium stocks and grant the IAEA full access to verify them.

A draft text for the resolution has yet to be formally submitted to the board and negotiations between countries over the exact wording are ongoing, diplomats said. A draft is usually formally submitted early in the week of a board meeting. As a party to the nuclear Non-Proliferation Treaty (NPT), Iran has the right to develop nuclear technology, including enrichment, for peaceful purposes.

Iran says it would never produce nuclear weapons. It is, however, the only country to enrich to 60% without making a bomb. The amount it has enriched to that level is "a matter of serious concern" to the IAEA. The IAEA believes well over 200 kg of that highly enriched uranium has survived the bombardments and is held in a tunnel complex at Isfahan and at the Natanz facility.

Location: Jerusalem