Pakistan turns to U.S. crude as Hormuz disruption exposes energy risks
Pakistan is turning to more U.S. crude as disruption around the Strait of Hormuz exposes the risks of its heavy reliance on Gulf energy supplies....
Donald Trump has warned that countries providing military weapons to Iran could face sweeping new tariffs, in a move that risks escalating economic tensions despite a recent ceasefire.
In a post on social media, the U.S. president said any nation supplying arms to Tehran would be hit with a 50% tariff on all goods exported to the United States, with no exemptions.
The announcement came just hours after Washington agreed to a two-week pause in hostilities with Iran, following weeks of strikes targeting its missile systems and military infrastructure.
“A country supplying military weapons to Iran will be immediately tariffed… 50%, effective immediately,” Trump wrote, without naming specific countries.
Although no country was identified, the warning is widely understood to be directed at China and Russia, both of which have historically supported Iran’s defence capabilities.
Beijing and Moscow have denied any recent involvement in supplying weapons, insisting they have taken a neutral stance and supported diplomatic efforts.
Recent reports, however, have suggested ongoing concerns within the U.S. administration about technology and components reaching Iran from abroad, including alleged links to Chinese firms. China has rejected those claims.
The proposal also raises questions about how such tariffs could be implemented. In February, the U.S. Supreme Court ruled that Trump had exceeded his authority by using emergency powers to impose broad global tariffs, limiting his ability to act quickly.
Trade specialists say alternative routes - such as targeted investigations under existing trade laws - are available, but would take time and may only apply to specific sectors rather than entire economies.
There are also concerns about the potential economic impact. The United States maintains extensive trade ties with China, and analysts warn that imposing steep tariffs could increase costs for American businesses and consumers.
At the same time, Washington has been seeking to avoid a major escalation in trade tensions, particularly ahead of a possible meeting between Trump and Chinese President Xi Jinping next month.
The latest threat suggests tariffs remain a central tool in Trump’s foreign policy approach, even as military tensions with Iran temporarily ease under the current ceasefire.
At least 11 people were killed in Israeli strikes on southern Lebanon on Saturday, among the deadliest since a June ceasefire. Meanwhile, Qatar denied holding Iranian pilots. It said it had found the remains of one pilot after an airspace violation and had contacted Iran to coordinate a handover.
U.S. President Donald Trump says Washington is not seeking an extension of its memorandum of understanding with Iran, claiming the U.S. already controls the Strait of Hormuz through its naval blockade.
Iran has said the Strait of Hormuz will remain closed until the U.S. fulfils the terms of an interim deal, including lifting the maritime blockade and sanctions and releasing Iran’s frozen assets.
South Korea's presidential Blue House said on Monday it was reviewing U.S. President Donald Trump's comments on scaling back joint military drills. It added that it hoped a favourable relationship between Washington and Pyongyang could lead to meaningful talks.
Residents of villages in eastern Indonesia hit by a deadly earthquake that killed at least 54 people were awaiting aid on Monday as rescuers prepared to comb through collapsed buildings in search of people trapped beneath the rubble.
Iran has said the Strait of Hormuz will remain closed until the U.S. fulfils the terms of an interim deal, including lifting the maritime blockade and sanctions and releasing Iran’s frozen assets.
U.S. President Donald Trump says Washington is not seeking an extension of its memorandum of understanding with Iran, claiming the U.S. already controls the Strait of Hormuz through its naval blockade.
At least 11 people were killed in Israeli strikes on southern Lebanon on Saturday, among the deadliest since a June ceasefire. Meanwhile, Qatar denied holding Iranian pilots. It said it had found the remains of one pilot after an airspace violation and had contacted Iran to coordinate a handover.
U.S. President Donald Trump's threats to make the Strait of Hormuz part of U.S. territory have been mocked by Iran's Deputy Foreign Minister, Kazem Gharibabadi, who said the sea passage "cannot be seized by tweet."
The U.S. will impose unprecedented measures on Iran in order to economically isolate the country, U.S. Treasury Secretary Scott Bessent has said.
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