SpaceX Files Confidentially For IPO, Setting Up Record-Breaking Offering

Iran Claims Kuwait Airbase Attack, Strikes Pair Of Tankers In Hormuz, Despite No New US Operations Overnight "We note with concern that the security situation remains precarious," said Pakistani Foreign Ministry spokesperson Tahir Andrabi on his country's mediation efforts to find peace between the US and Iran. Talks "are ongoing to normalize the situation, particularly the situation in the Strait of Hormuz," he told reporters as a week full of renewed fighting as come to a close. But there essentially are no current talks, and US officials have indicated they...

US NatGas Futs Sink To Four-Month Low As Mid-Atlantic Exits Brutal Winter US natural gas futures tumbled to a four-month low early Monday as weather models indicate the Lower 48 is exiting the peak of the Northern Hemisphere winter and entering a much-needed warmup. For the Mid-Atlantic and Northeast, which experienced some of the coldest weather in decades, the next few weeks are expected to feel more like spring. March contracts fell 7.5% to about $3 per mmBtu, the lowest level since October 17 and a roughly four-month low. Weather forecasts...

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...