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Hegseth: Hormuz Blockade Stays "As Long As It Takes" - Ships Now Fair Game For Search & Seizure
Hegseth: Hormuz Blockade Stays "As Long As It Takes" - Ships Now Fair Game For Search & Seizure
Summary
US Navy: vessels seeking entry into Hormuz Strait now fair game for boarding, search, and outright seizure - including for suspicion of 'contraband'.
Hegseth: US forces are ready to restart combat if Iran doesn’t agree to a deal & strait blockade to continue for as long as it takes. Already 13 ships have been turned around.
Iran's parliament speaker Mohammad Bagher Qalibaf calls ceasefire in Lebanon "as important as a ceasefire in Iran."
Heavy Israeli bombardment of...
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Jun 2, 2026 / Dave DeCamp
Report: US Pressuring Neutral Oman To Cut Ties With Iran
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Jun 28, 2026 / Dave DeCamp
Report: Israel Reviving Gaza Ethnic Cleansing Plan, Rebranding It as ‘Free Movement Plan’
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May 18, 2026 / Tyler Durden
BofA's Blanch Joins Goldman In Calling For $90 Brent This Year Amid "Pretty Large Deficit" Fears
BofA's Blanch Joins Goldman In Calling For $90 Brent This Year Amid "Pretty Large Deficit" Fears
Add Bank of America's commodities and derivatives research chief to the growing list of Wall Street strategists who see Brent crude sticking around $90 a barrel this year, as any near-term resolution to the Hormuz chokepoint crisis appears increasingly distant. The call follows Goldman's move several weeks ago to raise its year-end oil outlook to around $90.
BofA analyst Francisco Blanch joined Bloomberg Television's Surveillance earlier and warned, "We have a pretty large deficit that...
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