US, Iran Deal 'Closer' Means 'Framework' Still Being Hammered Out For 'Monthlong' Talks

At least two people were killed today as Israeli artillery continued to shell southern Lebanon, and reports were that Israeli ground troops advanced further north into Lebanese territory as the conflict continues to be a major stressor on the US-Iran peace deal. The number of Israeli strikes on Lebanon seemed to markedly decline on Monday, […]

From Momentum To Mayhem: Korean 'Plunge Protectors' Meet As Leverage Unwind Sparks Chaos 'Leverage goes both ways...' That is a lesson that many are learning in a painful manner as the army that enjoyed the momentum escalator ride up are now decrying the elevator plunge lower... and the poster-child for this pain is Korea. Following anxiety over new Chinese competition, and disappointing earnings from SK Hynix overnight, Korea's stock market has plunged 44% from its record highs in June (but remains up 27% YTD still)... Triggering yet another circuit-breaker... You didn’t pray hard enough The...

Jet Fuel Prices Soar As War In Iran Ripples Through Global Aviation Authored by Felicity Bradstock via OilPrice.com, Airlines, including Qantas, SAS, and Air New Zealand, have already announced airfare increases. Surging jet fuel prices and disruptions in the Strait of Hormuz are squeezing airline operations. Prolonged conflict could weaken travel demand and deepen pressure on global airline stocks. As the war in Iran spills over into other parts of the Middle East, energy experts expect the price of several oil and gas products to soar over the coming months, driven by shortages. This...