Futures Rebound From Overnight Selling To Trade At Session Highs Amid Constant Iran Newsflow

Having illegally attacked Venezuela in an effort to kidnap the country’s president, Nicolás Maduro, and transport him to the United States to stand trial for supposed violations of US drug laws, US officials have placed themselves in a position in which they are now compelled to secure a conviction. After all, how is it going […]

Iran's Covert Oil Trade Persists As Tankers Breach US Blockade By Tsvetana Paraskova of OilPrice.com Iran continues to export its oil out of the Persian Gulf via the Strait of Hormuz using dark mode on tankers to move past the US blockade outside the world’s most vital oil chokepoint. At least two Iran-flagged supertankers fully laden with an estimated about 4 million barrels of crude have exited the Gulf via the Strait of Hormuz and through the U.S. blockade, Bloomberg reports, citing satellite imagery analyzed by energy flows intelligence firm Vortexa. The two...

Italian Diplomatic Sources Deny Talks With Iran To Open Hormuz Update(1140ET): Italy denies talks with Iran, but still nothing official on a public level from government ministers: No negotiations are under way with Iran to guarantee safe passage through the Hormuz Strait for Italian ships or oil tankers, an Italian Foreign Ministry source has told Reuters, denying a report in The Financial Times. “In their diplomatic contacts, Italian leaders want to favour the conditions for a general military de-escalation, but there is no under-the-table negotiation aimed at preserving only some merchant ships...