US CENTCOM Says It Attacked and Disabled an Iranian Oil Tanker in the Gulf of Oman

US Central Command said on Tuesday that its forces fired a Hellfire missile into another commercial ship, marking the second such incident in recent days as the US continues to attack civilian ships to enforce a blockade on Iranian ports. “US Central Command (CENTCOM) enforced blockade measures against Botswana-flagged M/T Lexie as it transited international […]

Oil Tumbles On Deal 'Breakthrough' As US-Iran Reportedly Reach MOU, Pending Trump's Final Approval Summary Per Axios: "U.S. and Iranian negotiators have reached an agreement on a 60-day memorandum of understanding to extend the ceasefire and launch negotiations on Iran's nuclear program, but President Trump has yet to give it his final approval." Unconfirmed reports of Ayatollah denial of MOU. Saudi state media reports Pakistan is seeking to convince Washington to allow transfer of Iran's highly enriched uranium to China (Al Hadath). Iran launches ballistic missile on US base in Kuwait, which was reportedly intercepted by...

Although it's true that many government-driven price hikes in recent years aren’t “inflation” in the strict sense, the pain they cause is just as real. Warsh’s push to narrow what the Fed counts as inflation—so it can justify even more inflation—is alarming.