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First Chinese Tanker Attacked Near Hormuz As Beijing Urges Waterway Reopened
First Chinese Tanker Attacked Near Hormuz As Beijing Urges Waterway Reopened
There have certainly been escalating tensions in the Strait of Hormuz this week amid a wave of Iranian attacks on commercial ships after a U.S. military effort to escort merchant vessels through the maritime chokepoint.
By midweek, tensions had simmered, and Iran is still reviewing a 14-point U.S. proposal to end the war, with Tehran expected to send its response to Pakistani mediators later today.
President Trump said talks with Iran have been "very good" and suggested a deal remains possible....
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May 18, 2026 / Tyler Durden
The Question This Week Is "Does Trump Go Back To The Well On Bombing Iran?"
The Question This Week Is "Does Trump Go Back To The Well On Bombing Iran?"
By Benjamin Picton, Senior Market Strategist at Rabobank
Hormuz diary, day 79. The strait remains functionally closed and global crude and refined product stocks are rapidly drawing down. President Trump has returned from Beijing after much bonhomie with no concrete commitments from China to help get shipping moving again, though the American side has claimed that China wants the strait to re-open with no tolls imposed and has committed to buy at least $17bn of US...
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May 3, 2026 / Dave DeCamp
Trump Says US Acting ‘Like Pirates’ Against Iran
President Trump said on Friday that the US Navy was acting “like pirates” while enforcing the blockade against Iran, comments that affirm Tehran’s characterization of the US military action, which has involved seizing ships and Iranian oil. “We … land on top of it and we took over the ship,” Trump told a crowd of […]
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Apr 25, 2026 / Tyler Durden
Trump's SWIFT Hint And The Decline Of The Euro
Trump's SWIFT Hint And The Decline Of The Euro
Submitted by Thomas Kolbe
In a post on Truth Social, US President Donald Trump indicates the imminent return of Russia to the SWIFT payment system. It would mark the end of sanctions against Russia. But the Prussians are not shooting that fast anymore.
Currency policy is geopolitics. This is especially true as soon as the US dollar is involved. And that is almost everywhere and at any time on the globe, no matter how often European and Chinese media sound the death knell...
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