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Trump Claims "Many Countries" Will Send Warships As US "Bombing The Hell Out Of Shoreline" To Reopen Hormuz
Trump Claims "Many Countries" Will Send Warships As US "Bombing The Hell Out Of Shoreline" To Reopen Hormuz
Summary:
US strikes on Kharg Island escalate war as Trump claims allies sending warships to Hormuz: Trump said US forces "obliterated" military targets on Kharg Island but warned Iran's critical oil infrastructure could be the.
Iran vows bigger regional retaliation: IRGC warned the UAE that US "hideouts" there are now "legitimate targets"; UAE oil port hit, and US Embassy in Baghdad catches fire after apparent drone strike.
Heavy casualties and explosions in Iran ongoing: US-Israeli strikes...
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Feb 18, 2026 / Dave DeCamp
US Bombs Somalia for 35th Time This Year
US Africa Command on Wednesday announced that its forces launched another airstrike in Somalia on February 16 as the Trump administration continues its record-breaking bombing campaign in the country. AFRICOM said the strike targeted the ISIS affiliate in Somalia’s northeastern Puntland region, about 43 miles southeast of the Gulf of Aden port city of Bosaso, […]
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Apr 17, 2026 / Tyler Durden
Norway's Oil Export Earnings Surge 68% Amid Iran War
Norway's Oil Export Earnings Surge 68% Amid Iran War
Authored by Alex Komani via OilPrice.com,
Norway's crude oil export earnings surged 67.9% year-on-year in March to a record 57.4 billion kroner ($6.1 billion), primarily driven by soaring global energy prices following the outbreak of the Iran war and the subsequent closure of the Strait of Hormuz.
Oil prices averaged 1,014 kroner ($107.52) per barrel in March, the highest monthly average since September 2023.
As Europe’s largest producer of oil and natural gas, the Scandinavian country exported 56.6 million barrels of crude oil in March, good...
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Apr 19, 2026 / Tyler Durden
Short-Covering Rally... Or Something More?
Short-Covering Rally... Or Something More?
Authored by Lance Roberts via RealInvestmentAdvice.com,
▶ WEEK CLOSE: S&P 500 7,126.06 (+1.2%) | Nasdaq 13-Day Win Streak (longest since 1992) | Russell 2000 New ATH | Brent Crude -9.1% | VIX 17.42
What began as a short-covering rally on April 7th has spent the last two weeks proving the bears wrong. Friday’s close at 7,126, the first finish above 7,100 in the index’s history, up 13.1% from the March lows, arrived alongside one of the most consequential single-session catalysts of the year. Iran declared the Strait...
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