Is Iran beating Trump in his own war?

The News Agents

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Wednesday, 11 March 2026 - 38 minutes

Trump has made it clear he thinks it’s time to end the war with Iran. There’s only one problem: Iran is not so sure it wants to. By using cheap, fairly low tech drones it’s managed to strike cargo ships in the Strait of Hormuz. The message it’s sending out is clear: we can disrupt the flow and the price of oil from our waters. The regime today has told the world to brace for the price of a barrel of oil to rocket to $200. It’s the last thing Trump wants to hear. So has Iran got Trump over a barrel (of oil)? And what, if anything, can he do about it?

Later, why Starmer has had his best fortnight in the job - and why Nigel Farage and Kemi Badenoch seem to have forgotten about the sovereignty they claimed was so important it made Brexit necessary.

The News Agents is brought to you by HSBC UK - https://www.hsbc.co.uk/

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