PIMCO Privately Lends Over $10 Billion To Dollar-Strapped Gulf States

US forces boarded an Iranian tanker in the Gulf of Oman that was suspected of attempting to run the blockade. Earlier today in the Gulf of Oman, U.S. Marines from the 31st Marine Expeditionary Unit boarded M/T Celestial Sea, an Iranian-flagged commercial oil tanker suspected of attempting to violate the US blockade,” US Central Command […]

Kuwait Joins "Dark-Mode" Tanker Traffic Through Hormuz By Tsvetana Paraskova of OilPrice.com Kuwait appears to have joined a growing bunch of Middle Eastern oil and gas producers that have moved to ship energy cargoes in dark mode through the Strait of Hormuz. The liquefied petroleum gas (LPG) carrier Gas Umm Al Rowaisat, which is owned by the national Kuwait Petroleum Corporation, has passed through the Strait in recent days, then transferred the cargo onto another ship which is currently en route to an Indian port, vessel-tracking data compiled by Bloomberg showed on...

The Pentagon has admitted in its annual report on civilian casualties to Congress that it committed two large-scale massacres of civilians in Yemen during its bombing campaign against the Houthis, officially known as Ansar Allah, last year, which War Secretary Pete Hegseth dubbed “Operation Rough Rider.” In the report, the Pentagon acknowledged that the bombing […]