hegseth
10 articles
Markets price de-escalation as Hormuz closes and strikes resume
Oil traders are net short. Gold is in a bear market. The trade says the Iran cycle ends with a deal. Here is what the positioning shows — and what would break it.
US Strikes on Iran Restart as Hegseth Vows Hits on Key Facilities
The Pentagon said US forces are carrying out strikes against Iran as Defense Secretary Pete Hegseth promised a 'strong' and 'clear' response, not 'a one-off.'
Iran Restores South Pars Output as US Hormuz Blockade Holds, Talks Stall
Iran's Pars Oil and Gas Co. said three offshore platforms at South Pars have resumed production after Israeli strikes disrupted onshore processing; the US Hormuz blockade remains in place.
Iran Parliament Moves to Codify Hormuz Claim as IRGC Warns Vessels
Tehran is set to vote on a domestic law formalizing Iranian management of the Strait of Hormuz, hours after Hegseth said the US blockade remains in place.
Hegseth Frames $1.5T Defense Push Around Iran at Shangri-La
Pete Hegseth used the Shangri-La Dialogue podium to tie a $1.5 trillion defense push to Iran's nuclear program and said the US is 'more than capable' of resuming war.
House GOP Pulls Iran War Powers Vote a Second Day as Defections Threaten Trump's Authority
Johnson held the Iran war powers resolution off the floor a second straight day as a Massie-Davidson-Fitzpatrick-Barrett bloc plus a Golden flip threatened to force U.S. forces out.
Hegseth Affirms Ceasefire as Iran Warns of 'New Equation'
Defense Secretary says US-Iran ceasefire holds despite 10+ attacks on US forces, as Iranian parliament speaker warns Tehran has 'not even begun' its Hormuz response.
Trump Claims Iran Hostilities 'Terminated' to Dodge War Powers Deadline
Trump sent Congress a letter declaring Iran hostilities 'terminated' as the 60-day War Powers deadline hit, even as the U.S. Navy blockade of Iranian ports remains in force.
Hegseth tells Senate Trump needs no Iran war vote on day 60
Defense Secretary Pete Hegseth told the Senate Armed Services Committee the April 8 ceasefire paused the War Powers clock, drawing pushback from GOP senators a day before the 60-day cliff.
Hegseth: Iran War Has Cost $25 Billion in First Hill Hearing
Defense Secretary Hegseth and Gen. Caine faced Congress for the first time since Operation Epic Fury began, as the acting comptroller put the war tab at $25 billion.