War On Iran: It Is Cheaper To Pay For Hormuz Passage Than To Wage War

"Everything About This Market Is Wild": European Diesel Futs Top $200 As Global Scramble Accelerates The global tug-of-war for fuel looks set to accelerate, with traders scrambling to secure supplies even more aggressively after President Trump showed no signs of an end to hostilities (and a reopening of the Strait) any time soon. The longer the Strait of Hormuz remains closed, the more intense the competition is likely to become. Traders have warned that Europe is at risk of diesel shortages in the coming weeks. “Everything about this market is wild,” said Philip...

Iranian Missiles Pound Israel Overnight After US Claims Progress On Talks; Tehran Appoints Larijani Successor, Cuts Gas Flows To Turkey Summary Backchannel diplomacy vs skepticism: Abbas Araghchi reportedly signaled openness to negotiations with the US via envoy Steve Witkoff, but Israeli officials say chances of a deal remain very low. Heavy exchange of fire and testing red lines: Iran continues missile and drone waves targeting Israel and US bases, amid reports of overnight airstrikes on military and gas infrastructure near Isfahan. Iran reshuffles its security leadership, appointing Mohammad Bagher Zolghadr: he's a former...

Hillary Clinton Breaks With Party Line, Admits Mass Migration Is "Disruptive & Destabilizing" After U.S. Secretary of State Marco Rubio spoke earlier on Saturday at the Munich Security Conference, where he said the U.S. and Europe "belong together" and argued for a stronger West, former Secretary of State Hillary Clinton, who served under former President Barack Obama, appeared on a panel later that afternoon and made surprising remarks about mass migration. Clinton participated in a panel titled, "The West-West Divide: What Remains of Common Values," and said that mass migration...