Iraq Negotiates With Iran To Reopen Vital Oil Shipping Route

US Southern Command said on Sunday that its forces bombed another alleged drug-running boat in the Eastern Pacific Ocean, killing at least three people, as the Trump administration has ramped up the bombing campaign in recent weeks. SOUTHCOM offered no evidence to back up its claims that the boat was carrying narcotics, something the Pentagon […]

Seven Pipeline Projects That Could Break Iran's Grip On Hormuz Chokepoint Brent crude futures topped $100 a barrel (Read RBC note) as disruption at the Strait of Hormuz spread to Bab el-Mandeb in the southern Red Sea. Combined with intensifying Black Sea fighting between Russia and Ukraine, the widening chokepoint crisis has put the energy complex and broader global commodities market on edge. "The curve on Brent and WTI is getting again very steep backwardated compared to when the diplomatic route to solve the Middle East conflict was on the table...

Trump: Iran Has Freed Detained American Woman In 'Goodwill' Gesture, After Days Of Bombing Summary Detained American woman freed by Iran; Trump: "appreciates this gesture of Goodwill by Iran!" Pentagon announces second wave of strikes later Wednesday, the after initial 90-minute attack to start the day. Trump threatens wider strikes unless Iran returns to talks - says attacks to 'expand' next week. Wednesday saw 5th strait day of US bombardment on chiefly Iranian coastal sites. Iran hits US-Gulf bases and warns on regional oil exports, says it is in 'control' of Hormuz Strait. No evidence de-escalation: Tehran rejects talks...