U.S. military forces seized an Iranian-flagged cargo ship, the M/V Touska, in the Gulf of Oman near the Strait of Hormuz on Sunday after the vessel attempted to breach a U.S. naval blockade of Iranian ports, according to multiple mainstream reports. The operation marked the first such interception since the blockade began last week. U.S. Central Command (CENTCOM) stated that the guided-missile destroyer USS Spruance intercepted the ship as it headed toward Bandar Abbas, Iran, traveling at 17 knots. After issuing repeated warnings over nearly six hours, the USS Spruance fired several rounds from its 5-inch gun into the Touska’s engine room, disabling the vessel. Marines from the amphibious assault ship USS Tripoli then boarded the ship via helicopter rope descent and took control. CENTCOM released video footage of the interception, showing the warnings and the boarding operation. President Donald Trump confirmed the action on social media, stating the U.S. Navy had “stopped them right i...
Trump Family Businesses Generate $4 Billion Since Reelection, Igniting Debate on Presidential Profiteering
The Trump family’s business empire has expanded dramatically since Donald Trump’s reelection, generating at least $4 billion in proceeds and paper wealth from new ventures launched after his return to the White House. According to securities filings and company statements analyzed by The Wall Street Journal, these gains stem from forays into cryptocurrency, real estate, communications, financial products, and even a planned $6 billion merger involving nuclear fusion technology for AI data centers. The family’s holdings now span 268 distinct pieces, marking a second-term boom that integrates their commercial interests more deeply into sectors regulated by the federal government. Overseas activity has accelerated sharply. While the Trump Organization completed zero international deals during Trump’s first term, it has executed eight in the past year alone, including projects in countries such as Qatar, Vietnam, and Saudi Arabia. In the first four months of the second term, revenue ...