Israel’s New Ambassador to the ‘Christian World’ Served as Envoy to Azerbaijan During the Ethnic Cleansing of Christians from Nagorno-Karabakh

Iran Rejects US Pressure, Enters 'Survival Economy' As Mediators Cite 'Absolutely No Progress' It has become beyond obvious that there is no broader peace process and that things are in a stalemated situation amid what's broadly seen as a Washington retreat from military confrontation, leaving Iran to press its own vision of management over the Strait of Hormuz with Oman. While President Trump has settled into a waiting game which once again bets on sanctions and economic warfare to eventually force Tehran to bend, Iranian military leaders are declaring that "victory...

Israeli fighter jets bombed a military base in northern Syria. Turkish troops near the base were alarmed by the Israeli attack.  “Turkish forces were not aware that the Israeli aircraft were en route to that specific Syrian base, nor of their intended purpose, and therefore could potentially have been inclined to scramble their own jets […]

US Gasoline Inventories Plunging On Surging Exports, Resilient Demand Prompt Brent/WTI crude nearby futures increased by 5/7% week-over-week to $105/101 as flows through the Strait of Hormuz remained very low and on limited signs of progress on a US-Iran deal. Meanwhile, as global oil inventories collapse at a record pace yet sliding Chinese demand and strategic releases from Beijing keep crude prices relatively stable, Goldman writes that the US gasoline market has become very tight, with inventories drawing at a rapid average pace of 0.7mb/d since April 1st to 5% below their...