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Oil Plunges As Iran 'Completely Opens' Hormuz, US Reportedly 'Mulls' $20BN Cash-For-Nukes Deal,
Oil Plunges As Iran 'Completely Opens' Hormuz, US Reportedly 'Mulls' $20BN Cash-For-Nukes Deal,
Summary
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
Iran Opens Hormuz
In a rather shocking turn of events, Iran's Foreign Minister Seyed Abbas Aragchi posted on X that the Strait of Hormuz is open:
"In line with the ceasefire in Lebanon, the passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire,...
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Mar 8, 2026 / Dave DeCamp
US Intelligence Report Says Large-Scale War Unlikely To Achieve Regime Change in Iran
A classified report from the US’s National Intelligence Council has found that even a large-scale US assault on Iran is unlikely to oust the Islamic government and military establishment, The Washington Post reported on Saturday. The intelligence report was completed about one week before the US and Israel launched the war on February 28 with […]
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Apr 1, 2026 / Tyler Durden
US Retail Sales Jumped Most In 8 Months In February
US Retail Sales Jumped Most In 8 Months In February
Bank of America's omniscient analysts forecast a very strong month for Retail Sales in February data (released today)...
The actual print was +0.6% MoM (better than the 0.5% consensus, but less than BofA's forecast) comes after a revised higher 0.1% MoM decline in January (and December's nothingburger)...
Source: Bloomberg
That is the highest MoM rise since June 2025, and sales rose 3.7% YoY...
Core Retail Sales (Ex Autos) rose 0.5% MoM (much better than expected) and Ex Autos and Gas also rose more than...
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Jul 8, 2026 / Tyler Durden
Senate Defense Bill Would Establish Fund For Government To Buy Into Private Companies
Senate Defense Bill Would Establish Fund For Government To Buy Into Private Companies
Authored by Kevin Stocklin via The Epoch Times,
A new bill in Congress would enshrine into law the ability of the executive branch to buy into private companies, and create a fund to finance the purchases.
The Pentagon in Arlington, Va., in this file photo. Carolyn Kaster/AP
The current Senate version of the National Defense Authorization Act gives the Defense Department explicit authority to take ownership stakes in companies. A provision titled "Equity Investments and Related Matters" establishes a new...
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