Futures Jump After Overnight Rollercoaster Session As Oil Unexpectedly Tumbles, Yen Soars

US & Israel Prepare Post-Election Strikes On Iran Despite Escalation Warnings At this point it seems both sides believe another major round of the US-Iran war is imminent. There's been ample speculation of late whether President Trump will initiate another bombing campaign before or after the November midterm elections. The White House may throw its hands up in the air and reason that Republicans are going to do bad in the elections anyway, and a pre-election bombing could be a Hail Mary effort at resetting the board, though one that will...

US Treasury Classifies Hezbollah As Arm Of The IRGC, Not A 'Stand-Alone' Group The new US Treasury sanctions on Hezbollah unveiled Thursday do more than ever before in 'legally' classifying the Lebanese militant group as essentially an arm of Iran's Islamic Revolutionary Guard Corps (IRGC). The Treasury action - which is certainly not the first designation against the group - underscored that it operated in "service to the Iranian regime under the command of Iran’s Islamic Revolutionary Guard Corps." A State Department official characterized the re-designation as specifying that Hezbollah is an "Iranian proxy, not a...

Saudi attacks in Yemen have killed at least 232 civilians, including 68 children and 35 women, since Riyadh reignited the war by bombing the Sanaa International Airport on July 13, the Health Ministry within the Ansar Allah-led Yemeni government said on Saturday. On top of the deaths, the Health Ministry said that 536 civilians, including […]