Iran’s Control of Strait of Hormuz Means It’s Exporting More Oil Than Before the War

Futures Fall, Oil Rises As Mideast Violence Flares Up US futures are but well off session lows, as part of a weaker risk tape after the US and Iran exchanged strikes, fueling doubts whether an end to the war is imminent and crushing hopes for a Hormuz deal (gasp). Overnight, US forces carried out airstrikes on an Iranian military site which Centcom described as "purely defensive" and designed to maintain the ceasefire; it also imposed new sanctions to prevent Tehran from profiting from vessels transiting the Strait of Hormuz....

Trump Order Increases Scrutiny Of Illegal Immigrants' Banking Activity Authored by Aldgra Fredly via The Epoch Times, President Donald Trump signed an executive order on May 19 directing Treasury Secretary Scott Bessent to provide banks with an advisory on financial risks posed by individuals living in the country illegally. In his order, Trump urged banks to pay attention to credit risks posed by offering mortgage loans, car loans, credit cards, and other consumer credit products “to the inadmissible and removable alien population.” “Many of those borrowers face the possibility of the loss of...

Trump Administration Drops First Batch Of UAP/UFO Files On Friday, the Trump administration released the first official tranche of declassified UAP (Unidentified Anomalous Phenomena) and UFO files through the new Presidential Unsealing and Reporting System for UAP Encounters (PURSUE) - which of course was the alternative to the real incriminating Elite Presidential Shielding Taskforce Ensuring Impunity Now (EPSTEIN) files. ack ack ack The files are hosted at the official government site: https://www.war.gov/UFO/. This marks the start of a rolling release schedule (new materials every few weeks) covering decades of unresolved cases across multiple agencies, with...