US Military Boards Third Oil Tanker in the Indian Ocean That it Tracked from the Caribbean

Trump Fails To Jawbone Market As Futures, Bitcoin Tumble; Oil And Yields Soar Futures are sharply lower, erasing modest overnight gains and trading near session lows as Brent crude futures are back above $110 a barrel after erasing an earlier fall and knocking broader risk sentiment off course in the process. There didn’t appear to be a single catalyst for the oil turnaround, although a steady stream of drone and missile attacks in the Middle East will have played a role and erased what little optimism Trump's 10 day delay to an Iranian energy plant...

Israel is seeking to capture southern Lebanon. One Israeli official said that Tel Aviv plans to destroy the region.  Axios reports that US and Israeli officials said that Israel plans to take Lebanon south of the Litani River. “The goal is to take over territory, push Hezbollah’s forces north and away from the border, and […]

The Iranian government has allowed a number of foreign vessels to transit the Strait of Hormuz in recent days, with some reports stating that a one-month permit had been granted to certain ships. Once a conduit for much of the world’s oil supply, the strait was effectively closed by Tehran in response to US and […]