Rubio Says the US Launched a War With Iran Because Israel Was Planning To Attack

Iranian Foreign Minister Abbas Araghchi on Tuesday reaffirmed Iran’s long-standing position that it does not seek nuclear weapons and will never develop them. The comments come as Trump administration officials threaten war over claims Tehran may be pursuing a bomb, even as President Trump insists he already “obliterated” Iran’s nuclear program. Aragchi made the remarks […]

Futures Slide But Off Session Lows As Oil Spikes Above $100 Ahead Of Trump's 10am Hormuz Blockade Stock futures are lower, but off their worst levels of the session, as Brent crude surged 7% to over $102 after Trump ordered a blockade of the Strait of Hormuz to take place at 10am ET. The moves look relatively contained given the breakdown of US-Iran talks, with strategists saying this is a moment to buy the dip. Goldman Sachs is kicking off the earnings season shortly with earnings that missed on FICC revenue, sending the stock...

Futures Slide Ahead Of Massive $5.7 Trillion OpEx As Iran War Shows No Signs Of Easing Futures are weaker heading into the weekend after US equities finished lower yesterday despite Netanyahu headlines leading to a late day bounceback into EOD. Geopolitical headlines remain the focus overnight with Brent rising as much as 90bps before reversing, as Iran pressed ahead with hitting energy assets & headlines that the US is considering plans to occupy Iran’s Kharg Island to press for the reopening of the Strait of Hormuz. As of 8:15am, S&P 500...