CENTCOM: Navy Prevented 10 Ships from Exiting the Strait of Hormuz

Delta Air Lines Erases All 'Epic Fury' Losses As In-House Refinery Cushions Fuel Shock Delta Air Lines soared in premarket trading on a combination of the U.S.-Iran ceasefire and stronger-than-expected first-quarter results, with the carrier's in-house refinery helping to lower the average jet fuel price for its fleet in the first quarter, making it appear to be one of the better-positioned carriers than most peers to withstand an energy shock. Even without a ceasefire in the Middle East, Delta's first-quarter results only exemplified its strategic advantage over peers: its Trainer refinery...

Trump Hails Iran's Full Hormuz Reopening As U.S. Reportedly Weighs $20 Billion Cash-For-Nukes Deal Summary Trump Praises Iran for Fully Reopening Hormuz Chokepoint; Crude Tanks, Yields Dump, Equity Futs Up Iran's Aragchi says "Strait of Hormuz is declared completely open" US mulls cash-for-uranium deal as 'three-page' MOU peace plan takes shape Peace talks reportedly on Sunday in Islamabad Odds of a permanent peace deal by the end of the ceasefire are soaring... Trump Responds  Minutes after Iran's Foreign Minister Seyed Abbas posted on X that the Strait of Hormuz is "completely open", President Trump responded on Truth...

The Economic Destruction Of Trump's War Goes Far Beyond High Gas Prices Authored by Connor O'Keeffe via the Mises Institute, For the past six weeks, as this US-Israeli war with Iran has played out, the economic impact of the conflict has gotten a lot of attention. And rightfully so. As anyone who’s consumed any news about this war knows well by now, the Strait of Hormuz is a major energy chokepoint, the Iranian government did exactly what they said they were going to do if Trump and Netanyahu ordered this attack and...