Trump Says Iran War 'Very Far Ahead Of Schedule' & So Could Be Over Soon

China's "National Team" Dumped ETFs In Q1 To Cool Overheating Market For years, and especially after the local stock bubble burst in spectacular fashion a little over a decade ago, China's "National Team" - a polite euphemism for the country's Plunge Protection Team - could be relied upon to step in and provide a lending hand - or rather buying hand - to stabilize stocks in the nick of time. Well, it may be time to rename it to the Surge Protection Team According to Bloomberg, China’s “national team” has...

Tehran's Toll Booth For Hormuz Strait Divides Countries Into 3 Categories The last several days have seen a limited number of foreign vessels successfully and safely cross the Strait of Hormuz for the first time, amid the ongoing de facto military blockage by Iran. A group of several vessels, namely French, Japanese, and Oman-linked ships were reported to have crossed the strait at the end of this week. This included Malta-flagged 'Kribi,' owned by French shipping group CMA CGM, having exited the Gulf through an Iranian-approved corridor, broadcasting "owner France" - as we...

"Risk Of Attack Is Too High": US Navy Refuses To Provide Escorts To Ships Transiting Hormuz Strait One week after Trump announced that the US would cover insurance for ships transiting the Strait of Hormuz, and would provide them with US navy escorts, Reuters reports that the US Navy has refused near-daily requests from the shipping industry for military escorts through the Strait of Hormuz since ​the start of the war on Iran, saying the risk of attacks is too high for now. The U.S. Navy has held regular ⁠briefings with...