Trump Threatens to Cut Arms Sales to Ukraine If NATO Does Not Aid War Against Iran

Maersk Slaps Emergency Fuel Surcharge As War Upends Marine Supply Chains Submitted by Michael Kern of OilPrice.com, The war in the Middle East has upended shipping fuel markets with prices of marine fuels skyrocketing and regions running low on supply, pushing some traders to forgo cargo and ship additional fuel volumes to key bunkering ports outside the Middle East. The price of fuel oil has surged this month as the stalled tanker traffic at the Strait of Hormuz is tightening supplies of the fuel in Asia, the key bunkering hub for fuel...

Iran Rejects Report That Deal Is 'Close' After Qatar, Pakistan Push 'Compromise Proposal' To End War Update(1117ET): The somewhat expected quick rejection is coming from the Iranians via newswires: IRAN-US TALKS CONTINUE, REPORTS DEAL IS CLOSE ARE WRONG And Israeli media: "At least once, the US Trump administration was 'very close' to approving an attack on Iran" i24 Stein's reports citing sources. Oil bouncing back on the Iranian rejection headlines, and despite... RUBIO: OIL GOING THROUGH HORMUZ NEARLY EQUAL TO BEFORE WAR *  *  * Update(1035ET): This past weekend Iranian Foreign Minister Abbas Araqchi said that...