US Sending Witkoff, Kushner To Pakistan As Iran Balks At Talks

Trump: "Maybe We'll Have A Friendly Takeover Of Cuba" President Trump told reporters on Friday afternoon that the U.S. could pursue a "friendly takeover" of Cuba, a comment from the president that comes as his administration moves to secure the Western Hemisphere and intensifies pressure on the communist regime in Havana through a crude-oil blockade. "The Cuban government is talking with us. They're in a big deal of trouble, as you know. They have no money, no anything right now, but they're talking with us, Trump told reporters on the...

Trump Cites Progress In Dealing With 'More Reasonable Regime' - While Mulling Ground Operation To Seize Uranium Summary Iran rejects 'excessive, illogical' US demands while Trump mentions 'progress' with a 'more reasonable regime'. Trump again threatens to destroy Iran energy sites and Kharg Island. White House seriously considering ground operation to seize Iran's enriched uranium stockpile but also wants Tehran to negotiate handing it over willingly. Bazan oil refinery in Israel's northern city of Haifa is on fire after a second apparent Iranian missile strike of the war. Iran accuses Israel of more 'false flags' - after Kuwait...

Fuels (And Canada) Spark US Import/Export Price Surge In February As we have noted numerous times in the last week or two, inflation fears are back (or rather stagflation) as growth stagnates and prices re-accelerate...   This morning we get yet more confirmation of the second wave of inflation as US Import/Export prices blew expectations away... US Import prices jumped by 1.5% MoM (the third monthly rise in a row) - the biggest MoM jump since March 2022. The acceleration in prices pushed import costs up 1.3% YoY - highest since Feb 2025. Under the...