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Event Brief

Panetta: More bombing won’t move Iran

Leon Panetta says negotiations are the only way to end the Strait of Hormuz standoff and warns it harms both economies.
WHO: Leon Panetta
WHAT: Says additional strikes will not change the outcome and negotiations are the only way to end the conflict
WHEN: Apr 30, 2026 at 5:58 PM ET
WHERE: Strait of Hormuz
WHY: He says the standoff is damaging both Iranian and US economies and driving up oil, food, and fertilizer prices.
How this story developed (showing 12 of 12 earlier reports)
Sources (1): Bloomberg

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