'No. 1: Oil. No. 2: Nuclear' | Vance's Priorities and Trump's New Directives

US Vice President J.D. Vance, in a Fox News interview, outlined the administration's priorities in the standoff with Iran: keeping oil and gas prices low for Americans, and ensuring Iran never obtains a nuclear weapon. Meanwhile, Trump imposed tariffs on drone imports and ordered the Navy to revert to steam catapults on aircraft carriers, a move expected to cost billions.

US Vice President J.D. Vance, in a Fox News interview, outlined the administration's priorities in the standoff with Iran: "Goal number 1: keep oil and gas cheap for Americans. Goal number 2: ensure Iran never gets a nuclear weapon." Vance stressed that the US is using tools selectively and strategically, aiming to return the Strait of Hormuz to a state of price stability. He noted that oil has fallen from its highs today. His remarks confirm a cautious approach of economic pressure on Iran, amid discussions about returning to a memorandum of understanding, but a senior Iranian official said there is no progress. Trump said Iran is in economic chaos with 300% inflation, and that "I am their banker." Additionally, Trump imposed tariffs on drone imports, including 100% on drones sensitive to national security and 25% on smaller ones, as well as tariffs on various countries. Trump also directed the Navy to remove the electromagnetic catapult system from aircraft carriers and revert to steam catapults, a step expected to cost billions of dollars and alter the design of future ships.