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U.S. Navy Deploys Sea Robots To Sweep Hormuz Chokepoint For Mines
U.S. Navy Deploys Sea Robots To Sweep Hormuz Chokepoint For Mines
The US military is deploying unmanned and autonomous surface platforms that can tow an advanced mine-hunting sonar system to detect sea mines that were deployed by Iranian naval forces. This development comes even as Iran closed the Hormuz chokepoint on Saturday morning.
By Sunday morning, Iran's chief negotiator said some progress had been made in negotiations with the US, but there is still a long way to go before a deal is reached.
Despite the volatility in the Hormuz chokepoint's operational status, somewhat...
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The headline tape made fresh history. The S&P 500 closed Friday at 7,580.06, finishing up 1.43% on the week and posting its ninth consecutive weekly gain. That’s the longest weekly winning streak since 2024, and only the 5th time since 1965 that has occurred. While markets previously saw weakness following such streaks, the 24- and 52-week outcomes were primarily positive, except in 1989.
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