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Yahoo
21 minutes ago
- Yahoo
Putin Sends Trump Clear Message After U.S. Strikes on Iran
Russian President Vladimir Putin on Monday condemned Israel and U.S. and Israeli attacks on Iran. Iran sent Foreign Minister Abbas Araghchi to Moscow on Monday to lobby Putin for more support against Israel's act of war. 'The absolutely unprovoked aggression against Iran has no basis and no justification,' Putin said to Araghchi during the meeting. 'We have long-standing, good, reliable relations with Iran. Russia and Iran are old allies. And while Putin has offered mediation and rhetorical reassurance, he has stopped short of fully joining the war or offering more concrete assistance, likely due to fear of further alienating President Trump and the U.S. in the midst of his own war on Ukraine. On Sunday, former Russian President Dmitry Medvedev, a top Putin ally, noted in a series of X posts that 'a number of countries are ready to directly supply Iran with their own nuclear warheads.' This news, if true, could have cataclysmic implications. Iran is reportedly still weighing retaliation options against Israel and the United States. And how much actual support Russia can and will provide remains to be seen.
Forbes
26 minutes ago
- Forbes
‘Everyone, Keep Oil Prices Down,' Trump Says Without Context
President Donald Trump issued a warning to keep oil prices down in a cryptic Truth Social post Monday that comes amid fears oil and gas prices could surge if Iran retaliates against U.S. strikes by shutting down the Strait of Hormuz. President Donald Trump returns to the White House prior to a meeting with his National Security ... More Council to discuss the ongoing conflict between Iran and Israel on June 21, 2025 in Washington, DC. (Photo by Craig Hudson For The Washington Post via Getty Images) The Washington Post via Getty Images 'Everyone, keep oil prices down,' Trump said in an all-caps post, writing 'I'm watching! You're playing right into the hands of the enemy. Don't do it!' It's unclear who Trump was referring to, but it's possible he was addressing oil producers. In a subsequent post directed at the Department of Energy, Trump wrote 'DRILL, BABY, DRILL!!! And I mean NOW!!!' The Energy Department does not drill for oil, but manages the Strategic Petroleum Reserve and provides research and policy support related to oil production, among other industry-adjacent functions. Oil prices were flat Monday following the U.S. military's surprise attacks on three Iranian nuclear facilities over the weekend, but analysts warned prices could surge if Iran retaliates by closing the Strait of Hormuz, a key transportation route for oil and gas that links the Persian Gulf to the Arabian Sea. 30%. That's how much oil prices could rise, to up to $110 per barrel, if Iran moves to close the Strait and oil flow declines 50% for at least one month, Goldman Sachs cautioned Monday. Prices for international oil were flat Monday at $77 per barrel by 10 a.m. EDT. Key Background Iran has vowed to respond to the attack, with its Foreign Minister Abbas Araghchi tweeting early Sunday that it 'reserves all options,' calling the attack 'outrageous' and vowing that it would 'have everlasting consequences.' Iranian parliament has approved a plan to potentially shut down the Strait, Iranian state media reported after the U.S. attacks Saturday. A quarter of global oil and 20% of liquefied natural gas is transported through the 90-mile waterway, according to The New York Times, which notes most of the oil that passes through the Strait goes to Asia. Iran would likely shut down the Strait by lacing it with mines, requiring the U.S. military to engage in a potentially dangerous demining operation, The Times notes. Rising Oil Prices Could Spike Another 30% If Iran Blocks Strait Of Hormuz, Goldman Warns (Forbes) U.S. Strikes Iran: 'Suspicious Package' Halts Miami Metro As U.S. Cities On Alert (Forbes) Trump's Strike On Iran Draws Criticism From Democrats—World Leaders Call For De-escalation (Forbes)
Los Angeles Times
26 minutes ago
- Los Angeles Times
GOP tax bill would ease regulations on gun silencers and some rifles and shotguns
WASHINGTON — The massive tax and spending cuts package that President Trump wants on his desk by July 4 would loosen regulations on gun silencers and certain types of rifles and shotguns, advancing a longtime priority of the gun industry as Republican leaders in the House and Senate try to win enough votes to pass the bill. The guns provision was first requested in the House by Georgia Rep. Andrew Clyde, a Republican gun store owner who had initially opposed the larger tax package. The House bill would remove silencers — called 'suppressors' by the gun industry — from a 1930s law that regulates firearms that are considered the most dangerous, eliminating a $200 tax while removing a layer of background checks. The Senate kept the provision on silencers in its version of the bill and expanded upon it, adding short-barreled, or sawed-off, rifles and shotguns. Republicans who have long supported the changes, along with the gun industry, say the tax infringes on Second Amendment rights. They say silencers are mostly used by hunters and target shooters for sport. 'Burdensome regulations and unconstitutional taxes shouldn't stand in the way of protecting American gun owners' hearing,' said Clyde, who owns two gun stores in Georgia and often wears a pin shaped like an assault rifle on his suit lapel. Democrats are fighting to stop the provision, which was unveiled days after two Minnesota state legislators were shot in their homes, as the bill speeds through the Senate. They argue that loosening regulations on silencers could make it easier for criminals and active shooters to conceal their weapons. 'Parents don't want silencers on their streets, police don't want silencers on their streets,' said Senate Democratic leader Charles E. Schumer, D-N.Y. The gun language has broad support among Republicans and has received little attention as House Speaker Mike Johnson, R-La., and Senate Majority Leader John Thune, R-S.D., work to settle differences within the party on cuts to Medicaid and energy tax credits, among other issues. But it is just one of hundreds of policy and spending items included to entice members to vote for the legislation that could have broad implications if the bill is enacted within weeks, as Trump wants. Inclusion of the provision is also a sharp turn from the climate in Washington just three years ago when Democrats, like Republicans now, controlled Congress and the White House and pushed through bipartisan gun legislation. The bill increased background checks for some buyers under the age of 21, made it easier to take firearms from potentially dangerous people and sent millions of dollars to mental health services in schools. Passed in the summer of 2022, just weeks after the shooting of 19 children and two adults at a school in Uvalde, Texas, it was the most significant legislative response to gun violence in decades. Three years later, as they try to take advantage of their consolidated power in Washington, Republicans are packing as many of their longtime priorities as possible, including the gun legislation, into the massive, wide-ranging bill that Trump has called 'beautiful.' 'I'm glad the Senate is joining the House to stand up for the Second Amendment and our Constitution, and I will continue to fight for these priorities as the Senate works to pass President Trump's One Big Beautiful Bill,' said Texas Sen. John Cornyn, who was one of the lead negotiators on the bipartisan gun bill in 2022 but is now facing a primary challenge from the right in his bid for reelection next year. If the gun provisions remain in the larger legislation and it is passed, silencers and the short-barrel rifles and shotguns would lose an extra layer of regulation that they are subject to under the National Firearms Act, passed in the 1930s in response to concerns about mafia violence. They would still be subject to the same regulations that apply to most other guns — and that includes possible loopholes that allow some gun buyers to avoid background checks when guns are sold privately or online. Larry Keane of the National Shooting Sports Foundation, who supports the legislation, says changes are aimed at helping target shooters and hunters protect their hearing. He argues that the use of silencers in violent crimes is rare. 'All it's ever intended to do is to reduce the report of the firearm to hearing safe levels,' Keane says. Speaking on the floor before the bill passed the House, Rep. Clyde said the bill restores Second Amendment rights from 'over 90 years of draconian taxes.' Clyde said Johnson included his legislation in the larger bill 'with the purest of motive.' 'Who asked for it? I asked,' said Clyde, who ultimately voted for the bill after the gun silencer provision was added. Clyde was responding to Rep. Maxwell Frost, a 28-year-old Florida Democrat, who went to the floor and demanded to know who was responsible for the gun provision. Frost, who was a gun-control activist before being elected to Congress, called himself a member of the 'mass shooting generation' and said the bill would help 'gun manufacturers make more money off the death of children and our people.' Among other concerns, control advocates say less regulation for silencers could make it harder for law enforcement to stop an active shooter. 'There's a reason silencers have been regulated for nearly a century: They make it much harder for law enforcement and bystanders to react quickly to gunshots,' said John Feinblatt, president of Everytown for Gun Safety. Schumer and other Democrats are trying to convince the Senate parliamentarian to drop the language as she reviews the bill for policy provisions that aren't budget-related. 'Senate Democrats will fight this provision at the parliamentary level and every other level with everything we've got,' Schumer said earlier this month. Jalonick writes for the Associated Press.
