Traders Puzzled As Physical Oil Prices Tumble Amid Surging Chinese Crude Sales, Plunging Imports

Mercuria, Goldman, JPMorgan See Major Aluminum Market Shock Analysts at Mercuria, the Geneva-based Swiss commodities trading firm, are sounding the alarm on the global aluminum market after severe disruptions in the Gulf region, adding to a growing list of trading desks and research teams warning of a deepening supply shock. "The scale of the supply shock we're seeing in the aluminum market is probably the largest single supply shock a base metals market has suffered in the post-2000 era," Mercuria commodities analyst Nick Snowdon told Reuters on the sidelines of...

President Trump said in a Tuesday night post on Truth Social that the US military operation to “guide” commercial ships out of the Strait of Hormuz, which he has dubbed “Project Freedom,” has been paused. “Based on the request of Pakistan and other Countries, the tremendous Military Success that we have had during the Campaign […]

Israel's Mossad Promised It Could Ignite Regime Change In Iran: Report Via Middle East Eye Israel's intelligence agency Mossad had a plan to ignite public protests that would lead to the collapse of Iran’s government, the New York Times has reported. David Barnea, Mossad’s chief, met with Israeli Prime Minister Benjamin Netanyahu days before the US and Israel began their war on Iran and told him that the agency would be able to galvanize Iranian opposition in order to bring about regime change. Getty Images Barnea, according to the report, which cites interviews with US and Israeli officials,...