Iraq Offers Huge Discounts Up To $33 Per Barrel For Oil Shipments Via Hormuz

Goldman Maps Retailer Exposure To Working-Poor Consumers As Gas Soars With the nationwide average gasoline price accelerating above the politically sensitive $4-per-gallon level, and the consumer backdrop for low-income households darkening, Goldman analysts published a note on Wednesday identifying which big-box retailers have the greatest exposure to working-poor households. "Our economists expect spending headwinds from higher inflation to weigh on growth for the rest of the year," Goldman Sachs Managing Director Kate McShane wrote in the note. She covered how Goldman analysts raised their Brent forecast for the fourth quarter of...

Diplomats speaking with the Financial Times said Saudi Arabia has been discussing developing a mutual defense pact among Gulf Arab states and Iran.  Two Western diplomats told FT that the framework for the pact would resemble the 1970s Helsinki Process. The 1975 agreement reduced tensions in Europe by increasing trade.  The proposal from Riyadh comes […]

British Official Admits UK Not Capable Of Rescuing Their Own Lost Airmen Europe has been dancing on the edge of a knife, flirting with notions of war with a battle hardened Russia over the conflict in Ukraine.  As these tensions escalate, questions are being raised about the actual combat readiness and capabilities of countries that have relied on the US for their security for so long. The primary division between the Trump Administration and NATO countries, the thing that started it all, was the initial refusal of so many of...