Ship Orders From South Korea Are Surging Thanks To U.S. Fees On Chinese-Made Ships

Trump Claims Iran Deal 'Pretty Much All Wrapped Up' - FARS Says Nothing Approved Summary TACO SEASONING: Trump tells NY Post that Iran deal "pretty much all wrapped up," but FARS news agency says no deal has been approved.  TACO: Trump Cancels Strikes After All Day Bluster About 'Bigger' Strikes on Iran Tonight Iran Parliament Speaker Ghalibaf says "Wrong strategies and impulsive decisions will reset the entire board for the worse, explode energy infrastructure and markets & create an endless quagmire that you will be stuck in for years." Trump follows with mention of "bigger, more powerful"...

Saudi Arabia Restarts Critical Hormuz Bypass Pipeline Saudi Arabia has resumed oil exports through its critical East-West pipeline, restoring access to Red Sea loading facilities that bypass the Strait of Hormuz, Bloomberg reports. The restart coincides with Kpler data from late last week showing Hormuz oil flows have recovered to about two-thirds of prewar levels, suggesting a recovery in Gulf energy flows and an erosion of Tehran's leverage. Overseas shipments have restarted, Bloomberg reported, citing a person with direct knowledge of the operation. Saudi Aramco began testing the pipeline and...