Iran Says It Will Completely Close Strait of Hormuz If US Bombs Iranian Power Plants

Remarkable Turns Of Events By Michael Every of Rabobank It’s remarkable screen oil prices are little changed at below $100 today after Trump said the US is “not satisfied” over talks with Iran, days after claiming a deal was imminent, and hours after saying the terms the Iranians had leaked that the US agrees to --a real TACO-- were a “complete fabrication.” It’s more remarkable when Trump added Iran and Oman will not control the Strait of Hormuz, which they say they will; vowed to blow up Oman if it misbehaves; struck...

An Israeli airstrike killed the son of Hamas’s chief negotiator in Gaza on Wednesday.  Reuters reported that Azzam Al-Hayya, son of Khalil Al-Hayya, had been killed. The Israeli strike on Gaza City killed at least one other Palestinian. Azzam is the fourth son of Hayya killed by Israeli strikes since 2008.  May 7 (Reuters) – […]

Hezbollah & IDF Trade Fire Amid Nominal Ceasefire, As Trump Says Iran Deal Coming 'Over Next Week' Various regional and international reports have documented serious ongoing fighting in Lebanon, despite President Trump the day prior having declared that the shooting will cease and that Hezbollah and Israel were forging a limited ceasefire. Trump had said of both sides that "they agreed that all shooting will stop" - after Iran announcing it had suspended peace talks with the US over Israeli military action in Lebanon. Israeli Prime Minister Benjamin Netanyahu did affirm...