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OPEC +/-
OPEC +/-
By Bas van Geffen, Senior Macro Strategist at Rabobank
Brent futures topped $115/barrel, after news broke that US President Trump rejected Iran’s proposal to reopen the Strait of Hormuz. According to CNN’s sources, Iran is expected to submit a revised proposal in the next few days. However, it is unclear why Trump would accept this new version, unless Iran is suddenly willing to make concessions on its nuclear program.
Meanwhile, Reuters reports that US intelligence agencies are studying how Iran would respond if President Trump simply declared victory – suggesting...
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Apr 14, 2026 / Dave DeCamp
Italy’s Meloni Halts Renewal of Military MoU With Israel
Italian Prime Minister Giorgia Meloni said on Tuesday that her government has halted the automatic renewal of a military Memorandum of Understanding (MoU) with Israel, as Italy has become increasingly critical of Israel’s wars and killing of civilians. “In light of the current situation, the government has decided to suspend the automatic renewal of the […]
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May 12, 2026 / Tyler Durden
Stocks Fall, Oil And Rates Rise As Inflation "Roars Back"
Stocks Fall, Oil And Rates Rise As Inflation "Roars Back"
US equity futures and bonds were lower as oil climbed, with a key inflation report showing the impacts of higher energy and supply disruptions stemming from the war in Iran. Stocks are poised to fall from all-time highs after the core CPI rose more than expected in April. As of 9:15am S&P futures ewere down 0.2% and Nasdaq futures dropped 0.7% as a slide in chipmakers and big tech names dragged down the market in early US hours. In premarket trading, all Mag 7 stocks were lower. Treasury...
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Apr 12, 2026 / Jason Ditz
Lebanese Infant Slain in Israeli Strike on Her Father’s Funeral in Tyre
An Israeli strike on a funeral in the Tyre district of Abbasiyeh killed four people from the same family over the weekend, including infant Taleen Saeed, who was under two years old and was there for her father’s funeral. Saeed’s father was killed on Wednesday, during an attack on her family home in the village […]
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