Oil Spikes To Session High As Iraq Starts Shutting Output At Massive Oil Field

Cushing Stocks Crash To 'Tank Bottoms', Seasonally Lowest Since 2005; SPR Sees Another Huge Drain Oil prices have tumbled in recent days as optimism grew there would be a lasting Middle East peace agreement, which would mean supplies would be back on track - but investors are taking a breather today with prices marginally higher this morning, rising off three month lows (and the 200DMA) after Trump threatened to 'start bombing again' if he doesn't like the deal (or how Iran is behaving). Solid US macro data also helped lift oil...

World Cup Pundit Branded Racist For Calling African Team's Performance "Wild" Authored by Steve Watson via Modernity News, Bastian Schweinsteiger, the former Bayern Munich, Manchester United and Germany midfielder, has been accused of racism by Ivory Coast manager Emerse Fae for comments he made as a pundit ahead of one of the team's 2026 World Cup matches. While previewing Germany's group-stage match against Ivory Coast, Schweinsteiger described the opponents' style as "a bit African football, a bit unorthodox, a bit wild, a bit perhaps also not so conditioned by tactics" and warned...

The death toll in Israeli attacks in Gaza since the so-called ceasefire deal was signed in October 2025, according to Gaza’s Health Ministry, as the IDF continues its constant violations of the agreement. The ministry said in its daily update on Sunday that Israeli attacks over the previous 24-hour period killed at least seven Palestinians, […]