Hormuz Paralyzed: Another Tanker Hit, Floating Parking Lot Of Ships Swells

US Southern Command announced on Monday that its forces blew up yet another boat it accused of running drugs, killing three people. The command said the boat was targeted in the Caribbean Sea and described the people it killed as “narco-terrorists,” a term used by the Trump administration to justify conducting extra-judicial executions at sea […]

Major Trade Group Releases Framework For Tokenized Gold Authored by Martin Young via CoinTelegraph.com, The major gold trade association, World Gold Council, and the Boston Consulting Group have proposed a new platform to modernize how the precious metal operates in digital financial systems. The World Gold Council said on Thursday that it published a white paper on “Gold as a Service,” a new platform to “support the issuance and operation of scalable, interoperable digital gold products.” The open platform would connect the physical custody of gold with the digital systems used to issue and manage...

Futures Rebound From Overnight Selling To Trade At Session Highs Amid Constant Iran Newsflow Stock futures have reversed overnight losses and traded at session high, just above the flatline, despite diesel topping $5 a gallon - the highest since 2022 - with Iran expanding attacks on energy infrastructure around the Middle East and Israel targeting military / security leadership, reportedly killing Iran security chief Ali Larijani and the commander of Iran’s paramilitary Basij unit. As of 8:15am ET, S&P futures were up 0.1%, while Nasdaq futures were still red, with most big...