Second US Warplane Lost: A-10 Warthog Crashes Near Hormuz Shortly After F-15 Shootdown

Israel is seeking to capture southern Lebanon. One Israeli official said that Tel Aviv plans to destroy the region.  Axios reports that US and Israeli officials said that Israel plans to take Lebanon south of the Litani River. “The goal is to take over territory, push Hezbollah’s forces north and away from the border, and […]

WTI Dips After Big Crude Inventory Build, US Production Slows Oil prices are down overnight but playing headline roulette with every word that comes out of any leaders' (or non-leaders') mouth as ceasefire chatter (now denied) has WTI riding a roller-coaster (but below $100 once again as we write). “Flows and actions matter more than words,” said Giovanni Staunovo, a commodity analyst at UBS Group AG. And while inventory data may not be the market-moving event in this new regime, it is useful to see signs of stockpiling or demand. DOE Crude +5.45mm (+10.3mm...