Russia, China Veto UN Res Authorizing Military Force To Reopen Hormuz Strait

Crude Spikes On Israeli Report: Iran Parliament Speaker Ghalibaf Resigns From Negotiating Team After IRGC Intervention Summary Israeli media says Iran Parliament Speaker resigns from negotiating team under IRGC pressure, oil spikes. Trump orders US Navy 'shoot & kill' small Iranian boats amid concern over mines in Hormuz. Says US now "doesn't need a deal". Overnight, US military intercepted two more Iranian oil supertankers that tried to evade the blockade And in Indian Ocean US conducted a maritime interdiction and right-of-visit boarding of the sanctioned stateless vessel M/T Majestic X transporting oil from Iran. Media sources confirm based...

Deja Vu All Over Again: Futures Surge, Oil Tumbles On Iran Deal Optimism, Tech Rally US equity futures are up big this morning and making fresh all time highs, led by tech companies, while oil prices and bond yields fell sharply on optimism that the US and Iran are nearing a peace deal. As of 8:00am Nasdaq 100 futures jumped 1.7% while those for the S&P 500 gained 1%, with both gauges set to build on record highs. Iran is evaluating a new proposal from the US to end their near 10-week war, according to an Axios...