World Economic Fuck'em

US Allies Loudly Reject Trump's Scheme To Blockade Hormuz: 'Not Getting Dragged In' The United Kingdom and several other countries rejected Washington's plan to impose a blockade on Iranian ports and target ships transiting the Strait of Hormuz, which has gone into effect Monday. Prime Minister Keir Starmer made clear his stance that "we are not supporting the blockade" in a fresh interview with BBC Radio. He emphasized that the UK is not "getting dragged in" to the US-Israeli war against Iran, but still stated that it's "vital that we get...

A new poll of Israelis shows that six-in-ten are opposed to the current truce with Iran. Last week, the US and Iran agreed to a two-week ceasefire to allow space for talks to bring a permanent end to the conflict.  The survey, conducted by the Institute for National Security Studies, found 61% of Israelis are […]

Futures At Session Highs After Oil Drops Below $100 On India Hormuz Transit Hopes US stock futures rebounded from their overnight selloff, and were trading near session highs after three days of losses on Wall Street as Brent slipped below $100 a barrel and investors waited to see if the war in the Middle East would escalate further. The catalyst for the bounce was news that India asked Iran to allow its tanker armada through Hormuz, which would lead to a substantial easing of the global oil shipping blockade. And while it...