PM Carney wins majority and suspends federal gas tax!

From The Telegraph

Memphis Barker

Senior Foreign Correspondent

As Donald Trump’s war on Iran enters its third week, the US president is still giving the impression that he is enjoying himself.

This weekend, he told US media that, after the first strikes on Kharg Island, he might hit the rocky outcrop through which Tehran exports most of its oil again “just for fun”.

However, the reality of the war is becoming graver by the hour, shown by the reopening of the oil markets this morning.

American consumers, who had little desire to start another open-ended conflict in the Middle East, already face petrol prices 25 per cent higher than before the war began.

Republicans are becoming increasingly concerned by the impact of the war, appearing on Fox News to warn of the risks to the party’s performance in November’s mid-term elections.

Despite Trump’s efforts to force the Iranian regime to reopen the Strait of Hormuz, and thus put one fifth of the global oil supply back on to the market, Tehran’s new leaders show no sign of backing down.

Overnight, Trump revealed the US is in talks with Iran but said Tehran is not ready to strike a deal to end the war.

Memphis Barker

Trump’s strikes on Kharg Island have not proven sufficiently intimidating. If he decides to target its economic infrastructure, rather than just military facilities, Tehran has vowed to obliterate the entire island’s ability to export oil.

The allies the US president has spent much of the past year badmouthing and bullying with tariffs have not responded to his demand for warships to help reopen the strait.

Sir Keir Starmer has so far refused to send any ships to the crucial waterway as other allies resist Trump’s request for a “team effort”. However, it has been reported that the US president will announce that a coalition of countries will escort ships through the strait.

Reports emerge by the day suggesting that Trump did not give sufficient weight to the idea that, in a war for its very survival, the regime would cut off the strait. He is said to have told his team that Tehran would capitulate before then, and that the US would be able to handle matters if Iran did close the shipping channel.

The White House press team has dismissed such reports as “garbage” and “fake news”.

This morning, Trump’s options look painful in both directions. Either he must escalate, or he must accept this is a losing battle and walk away, leaving behind a brutal regime in possession, according to his own administration, of enough highly enriched uranium to make a nuclear weapon.

Neither option, to say the least, looks like fun.

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TRUMP PANICS as Letitia James Targets His Tower

Mar 23, 2026

🚨 Trump Assets Under Threat

New York Attorney General Letitia James says she is ready to seize Donald Trump’s assets if he fails to pay a massive fraud judgment.

🏙️ Target: Trump Tower?

James specifically pointed to one of Trump’s most famous properties — 40 Wall Street — as a potential target for enforcement.

She made it clear:

If Trump doesn’t pay, the state will move to take assets.

⚖️ What This Means

After a $464 million fraud judgment:

Trump must either pay

Or post a massive bond to appeal

If he fails, New York can legally seize and sell properties

🔥 Pressure Building

Reports show:

Dozens of companies refused to back Trump’s bond

His financial situation is under intense scrutiny

Legal costs are piling up fast

📉 Bigger Picture

This isn’t just a fine — it could hit Trump’s core business empire.

James says financial fraud is not victimless — and enforcement will follow.

Trump denies wrongdoing and calls the case political.

This is Daily News Minutes. Stay with it.

🎥 Clips used under fair use for commentary and analysis.

All rights belong to their respective owners including CNN, Fox News, MSNBC and NBC News.

💬 Do you think Trump could actually lose his buildings?
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