State Department Says US Is in Conflict With Iran ‘At the Request’ of Israel

WTI Dips After Big Crude Inventory Build, US Production Slows Oil prices are down overnight but playing headline roulette with every word that comes out of any leaders' (or non-leaders') mouth as ceasefire chatter (now denied) has WTI riding a roller-coaster (but below $100 once again as we write). “Flows and actions matter more than words,” said Giovanni Staunovo, a commodity analyst at UBS Group AG. And while inventory data may not be the market-moving event in this new regime, it is useful to see signs of stockpiling or demand. DOE Crude +5.45mm (+10.3mm...

Iran Announces First Hormuz Toll Fees Successfully Transferred To Central Bank President Trump has repeatedly said that Iran "better not" collect tolls from ships seeking to traverse the Hormuz Strait waterway, as both warring sides have initiated their own rival blockades of different sectors of the strait. Just last week, Trump had flatly rejected the possibility of Tehran imposing fees - reportedly $2 million or perhaps even more - when a reporter asked about the prospect of restrictions or tolls managed by Iran for strait passage. "Nope. No way. No. Nope," Trump...

37 Senate Democrats Urge USPS To Refuse Trump's Vote-By-Mail Executive Order Authored by Chase Smith via The Epoch Times, Thirty-seven Senate Democrats sent a letter Monday to the U.S. Postal Service’s board of governors calling on the agency to refuse to implement a March 31 executive order that directs the USPS to use state-submitted lists to determine which voters may receive mail-in and absentee ballots. The order specifically mentions U.S. citizenship as a key element for eligibility. Senate Democratic Leader Chuck Schumer (D-N.Y.) led the effort alongside three ranking committee members: Sen. Gary...