Nearly 70% Inflation, Mass Layoffs, And A Strangled Economy: Iran's Brutal Test Of Endurance

India Rejects Russian LNG Under Sanctions India rejected Russia’s offer ​to sell it liquefied natural gas subject to US sanctions, despite a huge shortfall driven by Middle East tensions, leaving a tanker bound for India in limbo as talks continue on permitted cargoes, Reuters reports. The stance highlights the fine balance the world’s third-biggest oil importer and consumer is seeking to strike between securing energy supplies and avoiding LNG cargoes on which the U.S. has ​placed sanctions, which are harder to disguise and carry greater compliance risk. It also underscores the limits...

American Freight Revival Enters Next Phase As Illegal Alien Trucker Chaos Continues Submitted by American Truckers United, In a unanimous landmark decision, the U.S. Supreme Court ruled that the Federal Aviation Administration Authorization Act (FAAAA) does not protect freight brokers from state-law negligence claims when they carelessly hire unsafe motor carriers. Landmark win for trucking safety this morning. The Supreme Court rules UNANIMOUSLY against the broker that helped put the illegal alien who hit Dalilah Coleman on the road. As a result of this decision, trucking brokers can be liable for negligently giving loads...

Futures At Session Highs After Oil Drops Below $100 On India Hormuz Transit Hopes US stock futures rebounded from their overnight selloff, and were trading near session highs after three days of losses on Wall Street as Brent slipped below $100 a barrel and investors waited to see if the war in the Middle East would escalate further. The catalyst for the bounce was news that India asked Iran to allow its tanker armada through Hormuz, which would lead to a substantial easing of the global oil shipping blockade. And while it...