Ecuador Begins US-Backed Law Enforcement Operations, Orders Curfew

'Time Is Running Out For Iran': The Market Is Calling 'Bullshit' On Mainstream's Narrative, Hugh Hendry Explains... The stock market is telling a different story from the 'Iran is strong, America is overreaching' narrative being spewed by mainstream media. For weeks, the financial war narrative has been 'Iran, strong; America, reckless', risk's like mercury and the thermometer rising. And yet, the stock market has done the opposite. As Hugh Hendry remarks in his latest 'Acid Capitalist' report: "the gap between what you're reading on the front page of the Financial Times or in...

IRGC Vows 'Not A Drop Of Oil & Gas Will Be Exported' From Region Amid Sustained Cross-Gulf Fighting Summary: Iran-US fighting is sustained but in tit-for-tat pace, with new reported strikes across the Gulf. Trump declares FULL blockade on Iranian ports, while IRGC asserts 'wartime control' of Hormuz. Trump drops 20% transit fee plan; oil prices ease. Multiple tanker attacks over past day again disrupt shipping & cause casualties. Regional conflict expands with reported Houthi missiles on Saudi Arabia. Strait of Hormuz traffic returns to normal by August 31? Yes 12% · No 89%View full market &...

IEA Chief Warns Gulf Flows May Take Six Months To Restore After Biggest-Ever Energy Shock The head of the International Energy Agency told the Financial Times on Friday that the world is severely underestimating the scale of the Gulf energy shock, and that it may take at least six months to restore disrupted oil and gas flows. Fatih Birol described the conflict, now in its third week, as "the greatest global energy security threat in history", and said it would take time "to have oil and gas rehabilitated". "It will be six...