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Trump Says Americans Opposed To Iran War Are 'Foolish', Affirms 'Final' Tuesday Deadline After Iran Again Rejects Ceasefire
Trump Says Americans Opposed To Iran War Are 'Foolish', Affirms 'Final' Tuesday Deadline After Iran Again Rejects Ceasefire
Summary:
A Sunday night Axios report on a US-proposed 45-day ceasefire has by Monday morning been rejected by Iran, which later on Monday issued a 10-point letter via Pakistan.
Israel strikes large petrochemical plant at South Pars, which is responsible for half of the country’s petrochemical production.
Trump reaffirms Tuesday deadline before vital infrastructure gets attacked as 'final', calls Americans opposed to Iran war 'foolish' - saying it's all about Tehran not getting a nuke.
Trump warned...
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May 8, 2026 / Tyler Durden
US Jobs Jump 115K, Smashing Estimates; Umemployment Rate Unchanged At 4.3%
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In his preview of today's NFP report, Goldman's Delta One head wrote that "NFP almost feels like a sideshow at this point. You can argue weak labor data gives a Warsh led Fed enough cover to cut, but with oil and input inflation still elevated there’s also an argument that a weakening labor market alongside a constrained Fed is actually the more difficult combination for risk assets." With that in mind, moments ago the BLS reported that in April the...
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Apr 11, 2026 / Tyler Durden
Three Supertankers Carrying Iraqi And Saudi Crude Sail Through The Strait Of Hormuz
Three Supertankers Carrying Iraqi And Saudi Crude Sail Through The Strait Of Hormuz
The wait is over: after the Persian Gulf side of the Hormuz Strait had turned into a bit of a parking lot late last week as tankers piled up hoping to use the ceasefire and make the crossing, two Chinese supertankers loaded with crude sailed through the Strait of Hormuz hours after a Greek vessel moved through the waterway, marking a significant uptick in oil shipping traffic. It represents the biggest day of oil exits through Hormuz since...
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May 11, 2026 / Tyler Durden
California Mayor Indicted, Will Plead Guilty To Being CCP Agent
California Mayor Indicted, Will Plead Guilty To Being CCP Agent
In a significant development announced today by the U.S. Department of Justice, Arcadia, California Mayor Eileen Wang has been charged with one count of acting in the United States as an illegal agent of a foreign government - the People’s Republic of China (PRC). Wang, 58, has agreed to plead guilty to the felony, which carries a maximum sentence of 10 years in federal prison. She resigned from her position as mayor and Arcadia City Council member this afternoon following the...
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