Blackstone's Flagship Private Credit Fund, World's Largest, Posts First Monthly Loss Since 2022

Bessent Says Hormuz Will Be A "Worthless Piece Of Water" In Two Years Summary Bessent Says Hormuz Will Be "Worthless Piece of Water" In Two Years Iran offers conditional ceasefire: Pezeshkian says Iran will return to talks if the US honors prior commitments, which Tehran says it has violated. US threatens further strikes: Trump warned of more action but ruled out necessarily returning to full-scale war. Tankers hit in Strait of Hormuz: Two supertankers struck exiting Hormuz, escalating energy-market risks. Oil prices surge: Brent crude rose above $92/barrel. Diesel supply squeezed: Refinery disruptions are driving diesel prices and margins sharply higher. Strait of...

Russia Tries To Assassinate Ukraine's SBU Chief With Unprecedented Drone Attack On Kyiv HQ The Kremlin has long previewed that its next escalation step against Ukraine would be to start attacking 'decision-making centers', or headquarters and government buildings. That moment has clearly begun and is now in an active phase, also as strikes ramp up on the key southern port of Odesa, as well as on Ukraine-linked cargo and other shipping. On Friday a Russian drone slammed into the headquarters of Ukraine’s Security Service (SBU) in central Kyiv. The SBU is...

The White House has asked the intelligence community to assess how Iran would respond to the US declaring victory and ending the conflict.  According to multiple sources speaking with Reuters, senior Trump administration officials requested the intelligence community develop the assessment. The request could signal that President Donald Trump may be seeking an off-ramp to […]