WTI Holds Rebound Gains As US Fuel Exports Hit Record High, Production Dips, Huge SPR Drain

Countdown Begins: Former Central Bank Advisor Warns Food-Price Shock Could Hit "Within 6 To 9 Months" Alexandra Prokopenko, a fellow at the Carnegie Russia Eurasia Center and a former advisor at the Bank of Russia, warned on X that the near-shutdown of the Strait of Hormuz has triggered an energy shock that risks morphing into a "slower, more consequential story": fertilizers. "A near-shutdown of the Strait of Hormuz is triggering a supply shock that will show up in food prices 6–9 months from now," Prokopenko wrote on X, adding, "Putin's gains...

The US military has completed a full withdrawal from Syria, Syrian officials told Middle East Eye on Thursday, marking the end of a military presence that first began with US special operations troops in 2015. So far, the withdrawal hasn’t been confirmed by the US military, but back in February, The Wall Street Journal reported […]

Synagogue In Tehran 'Completely Destroyed' In US-Israeli Strikes On Area The AP, AFP, and others have cited Iranian state media to say that US-Israeli strikes have "completely destroyed" a synagogue in Tehran, as attacks have intensified overnight and into Tuesday. "According to preliminary information, the Rafi-Nia Synagogue … was completely destroyed in this morning's attacks," the Shargh newspaper reported. Mehr news agency describes the synagogue was destroyed when an adjacent residential building in central Tehran was bombed in an aerial attacks. Jerusalem Post: A reported photo of the damage to the Rafi Niya Synagogue...