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U.S. Waives Jones Act After Iran Gas Field Attack
U.S. Waives Jones Act After Iran Gas Field Attack
Shortly after Israeli fighter jets struck Iran's upstream oil and natural gas production assets for the first time in Operation Epic Fury, sending WTI futures to $98.5/bbl, the Trump administration appears to have pulled another emergency lever from JPMorgan's six-option playbook we recently outlined: a 60-day Jones Act waiver that allows foreign-flagged ships to transport oil, gas, refined products, fertilizer, and related energy cargoes between US ports to boost domestic energy flows and ensure shipping capacity does not become a bottleneck.
Bloomberg...
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May 13, 2026 / Tyler Durden
Gamma And Momentum: A Recipe For Cheers And Tears
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Authored by Michael Lebowitz via RealInvestmentAdvice.com,
Intel (INTC) shares have risen 90% over the past month and more than 200% since the start of the year. Its competitors, Advanced Micro Devices (AMD) and Micron (MU), are posting similar gains. Many other semiconductor stocks, along with some computer hardware companies, are the market’s latest AI darlings. Momentum and gamma are driving the outperformance, and, in their wake, a supportive narrative is trying to justify it.
The narrative holds that the insatiable infrastructure buildout for...
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At Least Two Killed by Israeli Strike on Crowded Seaport Cafe in Gaza City
At least two Palestinians were killed on Sunday night when the Israeli military targeted a seaport cafe on the coast of Gaza as the IDF continues its constant violations of the US-backed ceasefire deal. Health officials told Reuters that at least 12 people were also wounded and that the cafe, west of Gaza City, was […]
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Sep 14, 2026 / Kyle Anzalone
Saudi Launches Major Strikes on Yemen After Trump Rejects Direct American Attack
Saudi Arabia bombed dozens of targets in Yemen in hopes of turning back the offensive by Ansar Allah. Saudi Crown Prince Mohammed bin Salman (MBS) requested that President Donald Trump order American strikes on Yemen, but Washington rebuked the request. On Sunday, Ansar Allah said that Saudi Arabia had targeted over 50 of their positions […]
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