Report: Joint Chiefs Chairman Warns Trump of Significant Risks if US Attacks Iran

When Will Gasoline Prices Return To Pre-War Levels? Authored by Robert Rapier via OilPrice.com, Oil futures have quickly priced in a favorable outcome from U.S.-Iran diplomacy, but physical oil flows, shipping networks, and refinery supply chains take much longer to normalize. Low global inventories and the need to replenish strategic and commercial stockpiles could create significant demand for crude even after supply disruptions ease. Gasoline prices are influenced by refining capacity, inventories, distribution costs, and seasonal demand, meaning pump prices may remain elevated even if crude oil continues to fall. Gasoline prices have started...

Hormuz Exodus Begins: Ships Finally Sailing As UN-Led Evacuation Corridor Opens Several vessels have already navigated the Strait of Hormuz utilizing a fresh evacuation framework established by the United Nations' shipping agency, an official confirmed on Wednesday. More via newswires: US Energy Secretary Wright says roughly 72 ships have exited Strait of Hormuz in last 24 hours. "Ships have already begun to pass under the plan," stated a spokesperson for the UN's International Maritime Organization (IMO), though they opted not to disclose specific details regarding the transiting vessels. According to the latest LSEG...

Celsius, Monster Shares Slide As Costco Unveils 70-Cent Kirkland Energy Drink The supplement industry news website Stack3d reports that Costco has expanded its Kirkland Signature brand into energy drinks, a move likely to catch the attention of anyone who consumes these amped-up drinks throughout the day, given the sub-$1-per-can price point. Energy drink stocks are trading lower mid-session on Tuesday, though it is unclear whether this is due to Kirkland's entry into the space. "Kirkland Signature Sparkling Energy Drink is now showing up in Costco warehouses in a variety pack...