US May Lift Some Oil Sanctions on Iran as Oil Price Climbs

Iran Denies Talks Taking Place As Drone Smashes Into Landmark Baghdad Hotel Hosting EU, Saudi Diplomats Summary: Trump says 'I don't think so' when asked if war will be wrapped up soon, notes 'not this week'. Iconic Baghdad hotel and home to EU, Saudi missions struck by drone, fire ensues. Trump is regularly presented with options to end the war in Iran: NBC. Iran has rejected prior reports of diplomatic contacts with the US, calling them "false": state media Iran FM Araghchi and US envoy Witkoff have been in contact via text messages in recent...

CIA Releases Video To Recruit Spies In China Amid Xi's Top Brass Purge The CIA rolled out a new recruitment video Thursday aimed squarely at prying open cracks inside China's military establishment - already as a Xi CCP purge of top military officials has been underway, according to Reuters. This latest video features a "disillusioned mid-level Chinese military officer" pitching other officers in the People’s Liberation Army (PLA) on the idea of quietly switching sides and feeding US intelligence - which seems a bit on the nose. Reuters described the release...

"The Situation Is Dire": Half Of Available Global LNG Tankers Are Trapped In The Persian Gulf There are thousands of ships in the global oil tanker fleet, by some estimates nearly as many as 9000 (and that excludes sanctions vessels). Just a fraction of these are either waiting to enter the blockaded straits of hormuz, or to leave it.  By contrast, the global LNG fleet is a tiny fraction, and now most of it is stuck inside the Persian Gulf.  According to the WSJ, at least 20 LNG carriers a bout half...