Futures Flat Ahead Of Fed, Mag 7 Earnings Avalanche

"Save Every Drop Of Fuel": South Korea Tells Citizens To Conserve, Ride Public Transit Amid Energy Shock The Gulf energy shock is now hitting Asian economies with full force. In Seoul, President Lee Jae Myung on Thursday urged citizens to "save every drop of fuel," a new sign policymakers are moving quickly into crisis mode as the U.S.-Iran conflict raises the risk of nasty fuel shortages across some of Asia's most energy- and Hormuz-dependent economies. Lee told lawmakers in a parliamentary address about the urgent need to conserve fuel. He warned that...

Oil Markets Are Pricing A Supply Surge That Isn't Guaranteed Authored by Irina Slav via OilPrice.com, Oil prices are tumbling as tankers stream out of the Strait of Hormuz, but most of that traffic is stranded vessels finally allowed to leave, not new supply heading in. Iran struck a commercial ship near Oman this week even as the 60-day U.S.-Iran ceasefire holds and markets keep pricing in a supply glut. The U.S. strategic petroleum reserve is at its lowest level in four decades, and China may resume buying once it stops selling off...

Biden-Era Intel Assessment Targeted White Moms And Homemakers As Potential Domestic Terrorists Authored by Debra Heine via American Greatness, Newly released CIA documents reveal that the Biden regime identified “motherhood,” and “homemaking”  as indicators of so-called “white racially and ethnically motivated violent extremism” (REMVE). The Trump administration recently retracted an October 2021 intelligence assessment, titled “Women Advancing White Racially and Ethnically Motivated Violent Extremist Radicalization and Recruitment” that branded average women as domestic terrorists. America First Legal (AFL), a conservative nonprofit law firm, shared the now-retracted assessment on X, saying it reveals “top-to-bottom...