A tale of two worlds

Oil Declines As Iran Says 'Understanding' Reached In US Nuclear Negotiation The second round of indirect negotiations between the United States and Iran concluded in Geneva, Iran's semi-official Students' News Agency (ISNA) reported Tuesady. Delegations from both sides left the venue following the talks, however, the Iranian side says it's ready to stay in Switzerland for days or even weeks if needed, in order to reach a deal and stave off military attack by Washington. Oil is dumping on the following headline issued an hour after conclusion: IRAN FOREIGN MINISTER SAYS...

The US Must Be Confident It Has A Plan In Place To Lower Oil Prices Once It Strikes Iran By Michael Every of Rabobank Lots Of Xs Vs Lots Of Ys US vs. Iran: The media today talk of a “90% chance of war” and “as soon as Saturday.” We’ve long stressed there’s a high likelihood of a fresh US-Iran conflict, recent US logistics movements said soon, and an Axios headline yesterday refocused oil markets on it. The balance of risks now tilts to a US strike after market close Friday, even...

Kaja Kallas stood at the 62nd Munich Security Conference, at the Hotel Bayerischer Hof where the Atlantic Empire had assembled not to project power but to perform its own autopsy while the patient was still breathing — and delivered what she imagined was a prosecutor’s closing argument against Russian weakness. Let’s pause here because this […]