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An international oil and energy analyst says repeated US strategic-reserve withdrawals have not curbed oil-market fluctuations or sustainably addressed structural supply disruptions, while limiting Washington's response capacity.
IRNA
Tasnim says U.S. gasoline averages $4.27 per gallon, up 37% since Trump took office, and attributes the rise to conflict involving Iran and disruption in the Strait of Hormuz.
Tasnim
Fars News, citing US Energy Department data, says the US strategic reserve fell 400,000 barrels to 282.2 million after 33 weeks of draws since the Strait of Hormuz closure.
Fars News
IRNA reports that Donald Trump said oil prices during the conflict involving Iran rose less than he expected and that he wants gasoline to cost $2 per gallon.
IRNA
The Wall Street Journal reports that the costs of the war with Iran have reached $47.1 billion, excluding an estimated $5 billion in damage to military bases.
الميادين · Google News – Iran · Tasnim
The United States imposes sanctions on Osama Najim, the former head of Libya’s Judicial Police.
أخبار جوجل – ليبيا · Google News – Libya · العربية عاجل
Press TV reports the Pentagon is drafting a $400 billion cut to Trump's military budget, which it says would slow US base rebuilding in West Asia and replenishment of Iran-war stockpiles.
Press TV
Mehr News reports that the Pentagon is preparing a $400 billion military budget reduction, with US military agencies and Congress drafting a budget below $1.1 trillion.
Mehr News
Fars News, citing Politico, reports that a Pentagon budget cut may slow replenishment of U.S. weapons stocks depleted during the war with Iran.
Fars News · Al-Ghadeer TV
Tasnim, citing Politico, reports that the Pentagon and U.S. congressional appropriations committees are considering a $1.1 trillion military budget, below Donald Trump's $1.5 trillion request.
Tasnim
Politico reports that the Pentagon is preparing to cut $400 billion from US President Donald Trump's military budget.
IRNA
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