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

"This Will Bring Down Global Economy": Qatar's Energy Minister Offers Dire Warning About Hormuz Chokepoint Chaos Brent crude futures are on track for their biggest weekly gain since the early days of Covid, with the move now exceeding the 20% weekly spike at the start of the Russia-Ukraine war, as the U.S.-Israeli air campaign against Iran, Operation Epic Fury, has tipped the Gulf into an energy crisis, freezing commercial traffic through the Strait of Hormuz and pushing some regional oil and gas production offline. On Friday, Qatar's energy minister, Saad al-Kaabi,...

Private Credit Firesale Begins: World's Largest Asset Manager Gates Investors In $26 Billion Fund Three weeks ago, when the largest US Private Credit-focused asset manager Blue Owl, was faced with a flood of redemptions due to its outsized exposure to software loans (which are very rapidly being repriced to zero thanks to the disruption from AI), the firm opted against reinstating quarterly redemptions on a retail fund and decided to return investor capital through assets sales instead (effectively also freezing the money in it and gating investors ) announcing a massive...

“From the least to the greatest, all are greedy for gain; prophets and priests alike, all practice deceit. They dress the wound of my people as though it were not serious. ‘Peace, peace,’ they say, when there is no peace.”—Jeremiah 6:13–14 “This is insane. Regime change will result in a bloody civil war… Resist this!”—Charlie Kirk […]