Report: US Increasing the Pressure on Iraq to Reduce Ties With Iran

WTI Rises After Big Inventory Drawdowns Across Energy Complex, Huge SPR Drop, Record Exports Oil largely held onto a sharp drop from this week’s highs as the US and Iran seek further talks to end a war that has brought the vital Strait of Hormuz waterway to a near-halt. President Trump told a Fox Business anchor he sees the war “very close to over” and told ABC “you’re going to be watching an amazing two days ahead.” The global oil market has been jolted by the conflict, which triggered an unprecedented supply...

The US military has been scaling back its presence at bases across the Middle East, and the US has ordered staff reductions at multiple diplomatic posts in the region, NBC News reported Wednesday, amid growing signs that the US and Israel may be preparing to launch another attack on Iran. Sources told NBC that similar drawdowns were carried […]