Israel Expects Iran War To Continue At Least Into April, Lebanon Conflict Longer

German Chancellor Claims Relationship With Trump Is Good, Despite Comments About Iran Authored by Victoria Friedman via The Epoch Times, German Chancellor Friedrich Merz on April 29 said that he is on good terms with U.S. President Donald Trump, despite Merz’s recent remarks about the Iran war and Trump’s criticism of the German chancellor. “From my perspective, my personal relationship with the ​U.S. President remains good,” Merz told reporters. “I simply had doubts from the ⁠start about what was begun with the war in Iran. That is ​why I have made that clear.” On...

WTI Flat After Another Crude Draw, Distillates Stocks At Seasonal Record Lows Oil prices are flat this morning, reversing earlier gains that pushed Brent crude above $110 a barrel - 5 month highs (and WTI back above $101), as traders weighed a recovery in Middle East oil exports against persistent threats to shipping through the Strait of Hormuz and attacks targeting Saudi Arabia.. Specifically, shipping risks remained elevated as Iran's IRGC said Tuesday that two oil tankers caught fire after striking mines south of the Strait of Hormuz. “High exports do not...