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Crude Spikes On Israeli Report: Iran Parliament Speaker Ghalibaf Resigns From Negotiating Team After IRGC Intervention
Crude Spikes On Israeli Report: Iran Parliament Speaker Ghalibaf Resigns From Negotiating Team After IRGC Intervention
Summary
Israeli media says Iran Parliament Speaker resigns from negotiating team under IRGC pressure, oil spikes.
Trump orders US Navy 'shoot & kill' small Iranian boats amid concern over mines in Hormuz. Says US now "doesn't need a deal".
Overnight, US military intercepted two more Iranian oil supertankers that tried to evade the blockade And in Indian Ocean US conducted a maritime interdiction and right-of-visit boarding of the sanctioned stateless vessel M/T Majestic X transporting oil from Iran.
Media sources confirm based...
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May 5, 2026 / Tyler Durden
Ceasefire Over? Trump Downplays 'Mini-War' After US & Iranians Trade Shots, Missiles Target UAE
Ceasefire Over? Trump Downplays 'Mini-War' After US & Iranians Trade Shots, Missiles Target UAE
Summary
Trump employs interesting new term: "We’re in, I call it a mini-war."
Fujairah says 3 injured in Iranian attack on Oil Industry Zone, UAE confirms "air defenses are now dealing with a missile threat", we have gotten reports of explosions in Dubai, which has sent oil higher and Emini futures into the red. UAE threatens retaliation.
CENTCOM hails two US merchant ships exiting Hormuz Strait safely in "first step". Bessent issues remarks warning the US "will fire if fired...
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Mar 30, 2026 / Dave DeCamp
US Launches 48th Airstrike in Somalia of the Year
US Africa Command said on Monday that its forces launched an airstrike in Somalia on March 27 as the Trump administration continues the bombing campaign in the east African country amid the US-Israeli war against Iran. AFRICOM said the strike targeted al-Shabaab and was launched about 80 miles northwest of the southern city of Kismayo. […]
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May 7, 2026 / Dave DeCamp
Report: Trump Paused ‘Project Freedom’ Due To Backlash From Gulf Arab Allies
NBC News reported on Wednesday that President Trump quickly ended the US military operation to “guide” commercial ships through the Strait of Hormuz due to backlash from the US’s Gulf Arab allies. The report said that the abrupt reversal came after Saudi Arabia was caught off guard by Trump’s announcement of what he dubbed “Project […]
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