Chaos, Black Rain, Evacuations: Tuapse Oil Facility Struck For Third Time This Month

Guggenheim Loan Craters, Fund Hits GFC Lows As Feds Probe Walter's Empire A first-lien loan due in 2031 tied to Guggenheim Investments, the asset-management arm of Mark Walter's Guggenheim Partners, cratered to roughly 72 cents on the dollar Monday, according to Bloomberg data. The hefty discount suggests that lenders remain unconvinced by management's efforts to contain mounting fears over deteriorating earnings, accounting practices and ongoing federal investigations into Walter's financial empire. The $1.18 billion loan, issued by GIH Borrower LLC, dropped to a low of 72 cents on the dollar Monday...

Israeli Defense Minister Israel Katz threatened on Wednesday that Israel could launch a “pre-emptive” attack on Iran for the third time, as Israeli officials continue to make clear they’re eager for the full-scale US-Israeli war against the Islamic Republic to restart. Speaking at a memorial for Israelis killed in the 2006 Lebanon war, Katz said […]

As the war in the Middle East escalates to attacks on energy infrastructure, the White House is taking extensive measures to put downward pressure on oil prices.  Treasury Secretary Scott Bessent told Fox Business’s Maria Bartiromo on Thursday that the US had lifted some oil sanctions on Russia and could also remove some Iranian tankers […]