Short-Covering Rally... Or Something More?

Iranian Opposition News Outlet Got $800 Million In Debt Relief: Report Via Middle East Eye An $870m debt-relief deal suggests that Iran International, an Iranian opposition outlet, has ties to Saudi Arabian investors, according to a Financial Times report on Thursday. The links stem from documents related to a debt-for-equity swap that Iran International conducted in December to shore up its finances. Iran International has spent hundreds of millions of dollars since its founding in 2017 by British-Saudi investors, the FT reported. According to the report, Iran International’s parent company, Volant Media UK, has...

US Says 'No Ships Made It Past Blockade' As Iran Mulls Hormuz Shipping Pause To Preserve Talks, Which Trump Says Could Happen In Two Days Summary CENTCOM: "During the first 24 hours, no ships made it past the U.S. blockade & 6 merchant vessels complied with direction from US forces to turn around to re-enter an Iranian port on the Gulf of Oman," it said. Diplomacy is not yet dead, as Bloomberg reports Iran is mulling a short-term pause to shipments through Hormuz Strait. Trump tells NYP talks could happen again in two...

Belarus Rattles Europe With Drills Involving Russian Tactical Nukes The Belarusian Defense Ministry announced Monday that its specialized military units have kicked off surprise combat drills specifically focused on the deployment and use of tactical nuclear weapons, which is a sign of yet more atomic saber-rattling on Europe's eastern flank. According to the official statement blasted out across Telegram on Monday: "Today, in the interests of increasing the readiness of the armed forces for the use of modern weapons, including special ammunition, training of military units for the combat use of nuclear...