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Trump Hails Iran's Full Hormuz Reopening, Oil Plunges After He Claims Iran Will 'Never Again' Close Waterway
Trump Hails Iran's Full Hormuz Reopening, Oil Plunges After He Claims Iran Will 'Never Again' Close Waterway
Summary
Trump Praises Iran for Fully Reopening Hormuz Chokepoint; Crude Tanks, Yields Dump, Equity Futs Up; Follows by claiming Iran will 'never again' close it
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. Trump claims US will get the 'nuclear dust'. - and all without help of 'Paper Tiger' NATO
Peace talks reportedly on Sunday in Islamabad
Odds of a permanent peace deal by the...
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Aug 26, 2026 / Tyler Durden
Waste Of The Day: Deficit Could Surpass $2 Trillion
Waste Of The Day: Deficit Could Surpass $2 Trillion
Authored by Jeremy Portnoy via RealClearInvestigations,
The federal deficit will be $2.1 trillion when fiscal year 2026 ends on Sept. 30, the Congressional Budget Office projected in its monthly budget review.
The deficit - the gap between what the government spends and what it collects from taxes and other revenue - has never surpassed $1.8 trillion, except during the Covid-19 pandemic.
Key facts: Federal revenues are up 3% in 2026 compared to last year. Even though corporate income tax revenue has declined, income and...
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Apr 28, 2026 / Kyle Anzalone
Vance Questions Pentagon’s Assessment of Iran War
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Apr 23, 2026 / Andrew P. Napolitano
A Secret Act of Judicial Tyranny
In a famous Supreme Court one-liner, reminding the legal community of the finality of the court’s rulings, the late Justice William J. Brennan Jr. is reputed to have said that the Constitution means whatever any five of us say it means. This reflects the basic math that five is a majority of nine. It also […]
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