CNN 'Expert' Says Iranian Suicide Dolphins Going After US Ships

Oil Holds Highs After Total Crude Stocks Rose, US Production & Gasoline Demand Dipped Oil prices reversed initial losses (Brent back above $100) on Wednesday amid persistent Middle East supply risks, as investors weighed the prospect of improved Saudi export flows and U.S.-Iran diplomacy against the potential for further disruptions. Saudi Arabia has begun testing its East-West pipeline for structural integrity and pressure, a step toward restoring oil flows after attacks knocked out the route earlier this month. Crude exports from the Red Sea port of Yanbu could restart within a...

Senate Confirms Kevin Warsh As Fed Chair In Most Partisan Vote Ever Update: In a largely party-line vote, the U.S. Senate on Wednesday confirmed President Donald Trump’s nominee Kevin Warsh to a 14-year term as the next Chair of the Federal Reserve, succeeding Jerome Powell whose term as chair ends this Friday. The 54-45 vote was the slimmest confirmation margin ever for a head of a central bank, reflecting fears that he'll be Trump's puppet.  Trump has made no secret that he expects rates to lower under Warsh after repeatedly slamming Powell for monetary policy Trump feels is...

Thursday’s reports appear like most other days with respect to Israeli operations in southern Lebanon. Artillery strikes were persistent across the region, and Israeli drones were attacking populated areas, including the area near a restaurant in Nabatieh al-Fawqa. But at the same time, Israeli Army Radio was reporting something that was more of a surprise, […]