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Oil Drops On Reports Of Iran-Oman Coordination To Reopen Hormuz Strait, While Exchange Of Strikes With US-Israel Intensify
Oil Drops On Reports Of Iran-Oman Coordination To Reopen Hormuz Strait, While Exchange Of Strikes With US-Israel Intensify
Summary
No mention of ceasefire while vowing to keep hitting Iran 'extremely hard' in Wed. night Trump speech. Escalating tit-for-tat overnight strikes. Oil drops on reports of Iran-Oman coordination to reopen strait.
US intelligence assessments say Iran is not ready to negotiate given it believes it has the strategic upper-hand, and doesn't believe Trump is 'serious' about talks: NYT
Highest bridge in Iran, connecting Tehran and Karaj, destroyed - amid reports of expanding attacks on civilian...
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Jun 16, 2026 / Tyler Durden
Norwegian Royal Family Rocked: Crown Princess's Son Convicted of Rape, Sentenced To Four Years
Norwegian Royal Family Rocked: Crown Princess's Son Convicted of Rape, Sentenced To Four Years
In a verdict that has rocked Norway's monarchy, Marius Borg Høiby, the 29-year-old son of Crown Princess Mette-Marit, was found guilty of two counts of rape and sentenced to four years in prison.
Marius Borg Høiby, son of Norwegian Crown Princess Mette-Marit, pictured in Oslo, Norway on June 16, 2022. Hakon Mosvold Larsen/NTB/AFP/Getty Images
The Oslo District Court convicted him on 34 of 40 charges, spanning rape, assault, abuse in close relationships, drug offenses, and restraining order violations. He...
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Aug 5, 2026 / Murray N. Rothbard
The Road Ahead
Deflate the dollars, or redefine the dollar’s weight—or some blend of the two.
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Jun 12, 2026 / Tyler Durden
'US-Iran Deal Is Near' Narrative Returns, But Tehran Refuses To Surrender Hormuz Leverage
'US-Iran Deal Is Near' Narrative Returns, But Tehran Refuses To Surrender Hormuz Leverage
After having heard the same line many, many times before - and yet with no result (instead, more often the opposite of sliding into further conflict and escalation) - Pakistan’s Ministry of Foreign Affairs on Friday welcomed the "progress" made between the United States and Iran in indirect negotiations.
CNN and other mainstream outlets are reporting on this "hint" that an interim deal taking shape (again). But given the pattern and track record of such reporting, which has consistently...
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