Evacuations Soar as Israel Launches New Ground Invasion of Lebanon

Pentagon Hails Two US Merchant Ships Safely Exiting Strait, As Iran Vows Attack On US Navy Entering Hormuz Summary CENTCOM hails two US merchant ships exiting Hormuz Strait safely in "first step". Iran insists Hormuz is under its control & says it targeted & struck a US Navy vessel, which the Pentagon/Central Command has denied. Trump announced Sunday US will 'help free up' ships stuck in Hormuz Strait through Project Freedom. Iran has in response issued a "redefined the control zone" in Strait of Hormuz. Pakistan facilities good faith return of Iranian crew members of...

Kremlin Confirms Rare Talks To Import Gasoline Amid Drone Strike Mayhem Russia has confirmed its government is currently in negotiations with other countries to purchase gasoline while desperately seeking to stabilize its domestic market after months drone mayhem out of Ukraine. "Discussions are actively being held," Kremlin spokesman Dmitry Peskov said at a press briefing Tuesday, though without specifying which countries. "If agreements can be reached at acceptable price points, then [imports] will move forward," he added. File image: UBN The development is surprising given that Russia remains the world's second-largest crude oil exporter...

"Everything Rally" As Futures Rebound From Post-Fed Selloff; Yields And Oil Drop Stocks look set to recover from Wednesday afternoon’s selloff asmarkets digest the rate hike from the Federal Reserve with Warsh (in retrospect) calming markets with a rate hike and tough talk on curbing inflation. A second day of dropping oil prices (no overnight news from Iran is helping) is also helping. Meanwhile, the debate around AI pacing and safety is rumbling on. As of 8:00am ET, S&P 500 futures are up 0.8% with Nasdaq 100 contracts +1% as tech leads with Mag7, semis, memory,...