US Allies Loudly Reject Trump's Scheme To Blockade Hormuz: 'Not Getting Dragged In'

Three Supertankers Carrying 6 Million Barrels Exit Strait Of Hormuz Three commercial supertankers carrying a combined 6 million barrels of Middle East crude oil have successfully exited the Strait of Hormuz, according to Reuters. The vessels departed the strategic waterway on Wednesday, after being stranded inside the Persian Gulf for over two months, lending hope to an end to the closure of the strait. The crude cargoes were split evenly among three Very Large Crude Carriers (VLCCs) heading to Asian refining hubs. The first was Universal Winner, a South Korean-flagged supertanker carrying...

Whether rates go up or down, neither outcome will be pleasant, leaving a bondholder caught between the Unthinkable and the Unimaginable.

EU Prepares For 'Potential' Talks With Putin As US Slowly Reduces Troops On Continent A recent report in Financial Times indicates the European Union is preparing for "potential" future talks with Russia and President Vladimir Putin at a moment of extreme doubts over both US military commitments and Russia's intentions in Ukraine. Putin himself during his V-Day speech Saturday hinted for the first time that the conflict may be 'coming to an end': "I ⁠⁠think that the matter is coming to an end," Putin told reporters of the Russia-Ukraine war, Europe’s deadliest...