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US Crude Stockpile Hits Highest Since June 2024, Exports Surge Oil prices are ripping higher this morning (rebounding aggressively of overnight lows) after US and Israel attacked upstream Iranian energy assets for the first time since the war (While the US struck oil export hub Kharg Island late last week, it limited that attack to military targets began). Iran’s IRGC responded by publishing a list of Gulf energy sites in Saudi Arabia, the United Arab Emirates and Qatar that “have become direct and legitimate targets” following the attack on South Pars, the...

Turkey is preparing for the possibility of an influx of refugees from Iran, Bloomberg has reported, as the US is preparing to launch a potential attack on the Islamic Republic, which could spark a full-blown regional war. Bloomberg’s sources said that officials in Ankara have updated their contingency plans to prepare for large numbers of […]