Saudis Bypass Hormuz As Oil Exports From Yanbu Surge Toward 5 Million Target

Zelensky To Make First-Ever Visit To Serbia, In Symbolic 'Slap In The Face' For Russia Serbia is set to host Ukraine's President Volodymyr Zelensky, in a major first of the war which could set off serious diplomatic tensions with Russia, a longtime Serbian ally and 'friend'. Zelensky will arrive on this first-ever trip on Saturday, August 8, according to Ukrainian officials, despite that Serbia - as a Slavic and Orthodox Christian country - has historically maintained warm ties with Moscow. via Wiki Commons But Serbian President Aleksandar Vucic has been a leader who...

Str-Eye-ke For A Str-Eye-ke By Bas van Geffen, senior macro strategist at Rabobank This weekend’s events cast fresh doubts over the value of the US-Iran memorandum of understanding. On Friday, President Trump condemned the drone attack on a container ship that was transiting the Strait of Hormuz. Trump posted on Truth Social that the US had shot down three other drones, adding that “obviously, this is a foolish violation of our Ceasefire Agreement.” What followed was a series of eye-for-an-eye strikes. The US targeted Iranian military sites in retaliation for the attack on...