Drone Attack On Russia's Tuapse Oil Refinery Unleashes Fire So Large It Can Be Seen From Space

Futures Rise As Oil Drops, Bond Selling Slows, Meta Tumbles And Microsoft Soars Futures rebound (for now) following yesterday’s Fed-induced meltdown as the market is clearly questioning Warsh’s credibility and potential usage of non-standard tools to fight inflation, pushing the yield curve to twist steeper and sending 30Y yields to 2 decade highs (last at 5.22%). Pre-mkt, the yield curve is seeing further twist-steepening with 10s and 30s up 1 and 3bp with 2s down 1bp. USD deterioration continues following its worst day in 4 weeks. Commodities are so confused,...

Federal Judge Blocks New York From Enforcing $75 Billion Climate Superfund Law Authored by Kimberly Hayek via The Epoch Times, A federal judge ruled on Monday that New York cannot enforce a 2024 state law that sought to impose an estimated $75 billion in charges on carbon-emitting companies for allegedly causing climate damage between 2000 and 2018. Chief U.S. District Judge Brenda Sannes in Syracuse, New York, sided with 22 Republican state attorneys general, as well as industry groups including the U.S. Chamber of Commerce, in finding the state measure preempted by...

An Iranian drone attack that hit a makeshift US military operations center at a port in Kuwait on March 1 and killed at least six US troops was much worse than the Pentagon has revealed, according to a report from CBS News. Sources told CBS that dozens of US service members suffered injuries, including brain […]