"Risk Of Attack Is Too High": US Navy Refuses To Provide Escorts To Ships Transiting Hormuz Strait

Berkshire Buys Taylor Morrison For $6.8 Billion In First Big Deal Under Greg Abel Less than a month after we mused at Berkshire's most recent cash hoard which as of March 31 stood just shy of $400 billion, and wondered who Warren Buffett's replacement Greg Abel will acquire first... ... we got the answer on Sunday afternoon, when Berkshire announced it will acquire homebuilder Taylor Morrison Home Corp. in an all-cash deal worth about $6.8 billion. Which means that after the deal, Berkshire still has $390 billion in T-bills collecting about 3.5%.  The...

Iran Bats Down 'Baseless' Trump Claim On Handing Over Enriched Uranium To US, As He Declares Hormuz 'Never Again' Closed Summary Trump Praises Iran for Fully Reopening Hormuz Chokepoint; Crude Tanks, Yields Dump, Equity Futs Up; Follows by claiming Iran will 'never again' close it; FARS soon after contradicts in fresh threat. Iran's Aragchi says "Strait of Hormuz is declared completely open". However, Iranian official tells FARS: "If the maritime blockade continues, it will be considered a violation of the ceasefire, & the Strait of Hormuz transit route will be closed." US mulls...

The US has lost nearly $2 billion worth of military equipment amid its military operations against Iran since Saturday, according to estimates and data compiled by Anadolu.