DOJ Sues New Jersey Town Over Natural Gas Ban

Iraqi Protesters Overrun Kuwait Consulate, Angry Over Role In US Actions Close US ally Kuwait finds itself under growing political pressure from its neighbor Iraq, related to the ongoing Iran war. Angry crowds stormed the Kuwaiti consulate in Iraq's southern Basra governorate on Tuesday after rockets which came from the direction of Kuwait killed three people, according to police sources cited by Reuters and Al Arabiya. BREAKING: Supporters of Iraq’s pro-Iranian Popular Mobilization Militias storm the Kuwaiti Consulate in Basra Province, Iraq, in protest against Kuwait's role with the U.S. in the...

WTI Extends Gains, Shrugs Off SPR Release Amid Crude Build, Dip In US Production Oil prices are higher this morning, shrugging off the well-telegraphed (and practically useless) SPR release. "Oil prices remain volatile and risk sentiment fragile and trading is on the headlines and rapidly evolving conflict in the Middle East," noted Neil Wilson, Saxo UK investor strategist. And while, the main drivers of crude prices remain more global, the domestic supply and demand situation remains noteworthy based on its impact on gasoline (pump) prices. API Crude -1.7mm (+1.1mm exp) Cushing Gasoline -1.8mm Distillates -2.3mm DOE Crude +3.82mm (+1.1mm...

A week after announcing they were entering the ever-growing regional war on the side of Iran, Yemen’s Houthi movement has launched missiles at southern Israel, saying the operation, the third such flurry of missiles, was done in coordination with Iran and Hezbollah. The Houthis firing missiles at Israel is nothing new, but direct coordination with […]