Heavy Fighting Expands Across Southern Lebanon, Israel to Attack Bridges Over Litani River

"We'll Be Monitoring This Case": US State Dept Condemns Far-Left Activists Killing Of French Conservative Authored by Thomas Brooke via Remix News, The U.S. government has weighed in on the killing of French conservative student Quentin Deranque by far-left militant activists, warning that “violent radical leftism is on the rise,” and demanding that those responsible be brought to justice. In a statement posted on X, the U.S. Department of State Bureau of Counterterrorism said, “Reports, corroborated by the French Minister of the Interior, that Quentin Deranque was killed by left-wing militants, should...

Hormuz Paralyzed: Another Tanker Hit, Floating Parking Lot Of Ships Swells Update (1555ET): The latest Automatic Identification System (AIS) vessel-tracking data, via Bloomberg, shows that tanker traffic in the Strait of Hormuz has been paralyzed, with only a few tankers still transiting the critical maritime energy chokepoint. U.S. Central Command said in a statement on X that IRGC naval power has been severely degraded after U.S. forces and their allies eliminated eleven warships. Two days ago, the Iranian regime had 11 ships in the Gulf of Oman, today they have ZERO. The Iranian...

Supertanker Rates Hit Six-Year High: Here's What Driving It Global very large crude carrier (VLCC) rates have jumped to six-year highs due to two recent catalysts: first, a growing war-risk premium tied to the possibility of a US-Iran conflict, and second, ongoing consolidation in fleet ownership that is tightening vessel availability. Let's begin by noting that war-risk insurance premiums are rapidly being priced into VLCC tanker rates. The Strait of Hormuz has once again come into focus as the world's most important energy chokepoint, where any flare-up in a US-Iran...