Murphy: "If The Dollar Starts Sinking, It's Gonna Be Fast"

US Has No Plan To Renew Iranian, Russian Oil Waivers, Bessent Says Authored by Kimberley Hayek via The Epoch Times, U.S. Treasury Secretary Scott Bessent said on April 24 that the United States will not renew the sanctions waivers that enabled buyers to take delivery of Iranian and Russian crude already loaded on tankers at sea. Bessent said a one-time license covering Iranian oil on the water would not be extended, calling it “totally off the table.” The parallel waiver for Russian oil and petroleum products will also be allowed to end,...

Japan To Welcome First Crude Cargo Via Hormuz Since War Began By Tsvetana Paraskova of OilPrice.com A supertanker carrying 2 million barrels of Saudi crude is set to arrive in Japan early next week after clearing the Strait of Hormuz in late April, in the first shipment of Middle East crude to Japan via the chokepoint since the Iran war began on February 28. The Idemitsu Maru very large crude tanker; Photo: MarineTraffic The very large crude carrier (VLCC) Idemitsu Maru, which had departed from Saudi Arabia’s Ras Tanura port in the Persian Gulf...

Lame Duck RINO Thom Tillis Blocking Warsh's Fed Confirmation Hearings Amid escalating U.S.-Israel military strikes against Iran, a separate battle is brewing on Capitol Hill over President Donald Trump’s nomination of Kevin Warsh to chair the Federal Reserve, according to CNBC. The key obstacle is Sen. Thom Tillis (R-NC), who announced last year that he would not seek re-election one day after voting against advancing the president's signature legislation, the “Big Beautiful Bill.” Tillis has pledged to withhold support for any Federal Reserve nominees, including Warsh, until a criminal investigation into Fed...