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Watch: Gulf High-Rises, Tourist Spots Get Pummeled By Iranian Ballistic Missiles
Watch: Gulf High-Rises, Tourist Spots Get Pummeled By Iranian Ballistic Missiles
Update(1245ET): Some absolutely crazy footage has been emerging Saturday amid Iran's retaliation, following the overnight into early hours US-Israeli strikes on the Islamic Republic.
Among the most shocking: the Palm Jumeirah area has been hit, possibly directly or else by falling missile debris, which is the iconic man-made island in Dubai. Fairmont The Palm hotel on fire, and confirmation: "Dubai authorities confirm that an incident occurred in a building in the Palm Jumeirah area. Emergency response teams were deployed immediately, and...
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Apr 15, 2026 / Tyler Durden
Bank of America Jumps On Record Equity Trading Revenue, Net Interest Income Forecast Increase, Offset By FICC Miss
Bank of America Jumps On Record Equity Trading Revenue, Net Interest Income Forecast Increase, Offset By FICC Miss
Following stellar equity trading results from Goldman and JPMorgan, this morning Bank of America reported that its traders also pulled in the business’s highest quarterly revenue in more than a decade, riding a wave of volatility that pushed the firm’s stock-trading desk to an all-time record. Bank of America said Q1 profit rose 17% from a year earlier, while net income came in at $8.58 billion. That amounted to $1.11 a share, above...
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Mar 28, 2026 / Tyler Durden
Maersk Slaps Emergency Fuel Surcharge As War Upends Marine Supply Chains
Maersk Slaps Emergency Fuel Surcharge As War Upends Marine Supply Chains
Submitted by Michael Kern of OilPrice.com,
The war in the Middle East has upended shipping fuel markets with prices of marine fuels skyrocketing and regions running low on supply, pushing some traders to forgo cargo and ship additional fuel volumes to key bunkering ports outside the Middle East.
The price of fuel oil has surged this month as the stalled tanker traffic at the Strait of Hormuz is tightening supplies of the fuel in Asia, the key bunkering hub for fuel...
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Apr 16, 2026 / Dave DeCamp
Israeli Strike in Gaza Kills Two Brothers as IDF Continues Its Constant Ceasefire Violations
Israeli attacks in Gaza on Thursday have killed at least two Palestinians and injured several others, the Palestinian news agency WAFA has reported, as constant Israeli violations of the US-backed ceasefire deal continue. WAFA reported that two brothers, Abdel Malek and Abdel Sattar Al-Attar, were killed when an Israeli drone struck the vicinity of a […]
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