Trump Considering Strikes on Iran to Reignite Protests

Futures, Bonds Surge On Optimism War May End, Oil Tumbles Below $100 Futures and bonds jump and oil fell, sending Brent briefly below $100 a barrel, as the de-escalation/technical/macro led relief rally continues on hopes of the Middle East conflict reaching an end soon  after Donald Trump said he expects the war in Iran to end in two to three weeks, and indicated that it was possible that Iran could still reach a deal with the US during that timeframe. Trump has a national address tonight at 9pm ET to...

Hezbollah's Cheap Fiber Optic Drones A Growing, Deadly Problem For Israeli Troop Convoys Via The Cradle Hezbollah attacked the Israeli army with a fiber-optic drone in the Galilee on Thursday, injuring at least a dozen soldiers and destroying a military vehicle.  Israeli Army Radio reported that 12 soldiers were injured when the drone struck a military position in the Shomera settlement. Two soldiers were “moderately” injured while 10 sustained minor wounds, Army Radio added, also revealing that other soldiers may be transferred to the hospital later for anxiety and ringing in the ears. Source: Israeli...

Saudi Arabia's Most Critical Pipeline Restored After Drone Attack A key Saudi oil pipeline to the Red Sea was restored on Sunday and is now pumping at full capacity after an Iranian drone attack last week damaged a pumping station. The East-West pipeline is back at full capacity, moving about 7 million barrels per day and restoring critical energy flows from Saudi's Persian Gulf oil fields to the Red Sea port of Yanbu, bypassing the turmoil in the Strait of Hormuz. Bloomberg quoted the Saudi energy ministry as saying that Saudi...