Oil Jumps As Trump Says Mulling Restart Of Project Freedom, Which Could Mean New Hormuz Clashes With Iran

Iran is reconstituting its military capabilities that were degraded by the US-Israeli bombing campaign much faster than expected and is already producing new drones, CNN reported on Thursday, citing sources familiar with US intelligence. One US official told the outlet that some US intelligence estimates indicate Iran could fully rebuild its drone capabilities within six […]

'Soft' Data Soars To 2-Year Highs As Chicago PMI Smashes Expectations Market News International's Chicago Business Barometer smashed expectations this morning, print 57.7 - the highest since May 2022 - and above the highest analysts' expectation. This is the second straight month above 50 (signaling expansion) with new orders and employment surging (but prices also rising)... Prices paid rose at a faster pace; signaling expansion New orders rose at a faster pace; signaling expansion Employment rose and the direction reversed; signaling expansion Inventories fell and the direction reversed; signaling contraction Supplier deliveries rose at a faster...

Ukraine is using a drone developed by an American company to identify targets inside Russia.  Ukrainian forces say the V-BAT drone developed by ShieldAI is the most effective for collecting intelligence far from the front lines. “One of its biggest advantages is its range,” the drone operator said. “Because the V-BAT can observe from long […]