Israeli Attacks Kill at Least 27 in Lebanon, PM Sees No End in Sight

Calm Market Waters Hide Fierce Undercurrents Authored by Michael Lebowitz via RealInvestmentAdvice.com, The price movement in the broad S&P 500 index is relatively calm. Yet the market’s undercurrent, as measured by sharply diverging returns across stock sectors and factors, is anything but calm. The current market picture we paint is well embodied by a quote from Jules Verne in 20,000 Leagues Under the Sea. “The sea was perfectly calm; scarcely a ripple disturbed its surface. But beneath this tranquil exterior, powerful currents were flowing with irresistible force.” Given this divergence between the calm...

Iranian Foreign Minister Abbas Araghchi said that Iran is not engaged in ongoing negotiations with the US. He confirmed that Tehran has received messages from Washington.  “I receive messages from [US special envoy Steve] Witkoff directly, as before, and this does not mean that we are in negotiations,” Araghchi told Al Jazeera in an interview […]

Australia Considers Emergency Powers To Protect Domestic Gas Supply Authored by Tsvetana Paraskova via OilPrice.com, Australia’s government intends to consider using emergency powers to protect domestic natural gas supply in case of a shortfall on its east coast in the third quarter of 2026. The potential consideration of using such powers would be part of the steps the Albanese Government is taking to secure domestic gas supplies for Australian households and industry as the Middle East conflict disrupts global energy markets. Australian Minister for Resources, Madeleine King, has given notice of her intention to consider...