Tehran Recloses Strait of Hormuz, US Prepared to Seize Iranian Tankers

Pakistani Warplanes Land In Saudi Arabia For Start Of Mutual Defense Pact Via The Cradle A Pakistani military force arrived at Saudi Arabia's King Abdulaziz Air Base on Saturday, as part of a strategic defense pact between the two countries, the kingdom's defense ministry has announced. The Pakistani force includes air force fighter jets and support aircraft. It was sent to Saudi Arabia to "enhance joint military cooperation, raise operational readiness, and support security and stability in the region," the ministry's statement said. Pakistan Air Force image The military deployment arrived following five weeks of...

Oil Spikes As Trump Vows To Hit Iran "Extremely Hard Over Next 2-3 Weeks", Threatens To Send It "Back To The Stone Ages" Summary Trump declares 'core strategic objectives met', threatens 2-3 more weeks of bombing, no mention of ceasefire Iranian President Masoud Pezeshkian has released an open letter to the American people, questioning whether Washington is truly putting “America First” or merely acting as a “proxy for Israel” willing to fight “to the last American soldier.” Air defenses have been activated in Dubai, taking out 5 ballistic missiles and 35 drones launched from Iran Iran's...

Blue Owl Plunges After Halting Redemptions On Private Credit Retail Fund Things are getting from bad to worse for Private Credit giant Blue Owl Capital. The last time we looked at the firm's precarious liquidity situation about a month ago, we found that the Blue Owl BDC would allow for 17% redemptions as investors, burned by both the tumbling stock price and the company's massive exposure to ticking private credit time bombs, were storming for the exit.  Blue Owl BDC Allows for 17% Redemptions as Investors Storm Exit: BBG — zerohedge (@zerohedge) January...