Russia's Tuapse Refinery Attacked 2nd Time In Days, While Battling Oil Spill Into Black Sea

Iran on Tuesday appointed a former high-ranking Islamic Revolutionary Guard Corps (IRGC) commander as the new secretary of its Supreme National Security Council (SNRC) after Israel killed Ali Larijani, the country’s previous national security chief. According to Iran’s PressTV, Larijani’s replacement, Mohammad Baqer Zolqadr, served in the IRGC during the Iran-Iraq War of the 1980s, […]

$400 Billion Pharma Megadeal? Jefferies Calls Potential AstraZeneca-Bristol Myers Merger A "Head Scratcher" The Financial Times reported overnight that AstraZeneca has explored acquiring Bristol Myers Squibb in a potential megadeal that would create one of the world's largest drugmakers, with a combined market capitalization of nearly $400 billion. The report cited people familiar with the matter, while both pharmaceutical giants declined to comment. Some Wall Street desks, however, are struggling to see the strategic rationale behind such a combination. FT reported: The companies have held discussions about a tie-up in recent months, according...

Iran Scrambling To Restore Bombed Missile Bunkers Within Hours After Being Struck Iran's resilience after more than a month of very heavy US-Israeli bombing has become obvious. The country's somewhat ancient air force and navy have been largely obliterated, and yet all the while the Iranian military has kept up intense ballistic missile and drone strikes on Israel and Gulf states. Tehran's missile arsenal is what is understood to have always been formidable. And now US intelligence has freshly assessed that Iranian personnel are busy excavating bombed underground missile bunkers and...