Rubio Says Iran Cannot ‘Normalize’ Its Control of the Strait of Hormuz

Druckenmiller Warning: The Bond Market Already Priced It Authored by Lance Roberts via RealInvestmentAdvice.com, Recently, Stanley Druckenmiller wrote an opinion piece for the Wall Street Journal. The “Druckenmiller warning” hit on August 24, and within a day, the financial press turned it into a soap opera. Some of the headlines were “Mentor scolds protégé,” and “Billionaire slams the Treasury Secretary.” Then, the revelation that he wrote it with the help of AI somehow became its own headline. However, while the media was busy making headlines, the argument was lost. Stanley Druckenmiller did not forecast a debt crisis, nor pitch a trade....

Rubio Says 'We Remember Their Lives And Honor Their Legacy' On Tiananmen Massacre's 37th Anniversary Authored by Melanie Sun via The Epoch Times, U.S. Secretary of State Marco Rubio issued a statement to mark the 37th anniversary of the Chinese Communist Party’s Tiananmen Square Massacre. “On June 4, the world marks 37 years since the Chinese Communist Party ordered its troops to attack thousands of peaceful demonstrators in and around Tiananmen Square,” Rubio said in a statement late June 3 in the United States, which is hours behind China. “Chinese students, workers, and...

Asian Oil Buying Spree Sends Dubai Crude Toward $100 Authored by Irina Slav via OilPrice.com, Stronger appetite for Middle Eastern crude grades from China and India has added upward pressure on prices for these grades, pushing the Dubai futures close to $100 per barrel, Bloomberg reported today, citing unnamed traders. Demand for Middle Eastern oil is especially strong from refining majors such as Indian Oil Corp. and PetroChina, as well as refiners in South Korea and Japan, the report said. This is despite the latest escalation between the United States and Iran,...