Futures, Yields And Oil All Rise As Trump Arrives In China

Syria 'Unwilling, Unprepared' To Attack Lebanon & Deal With Hezbollah Despite US Pressure Via The Cradle Syrian President and former Al-Qaeda chief Ahmad al-Sharaa is "unprepared and unwilling" to launch a military offensive against Lebanon despite growing US pressure, Israel’s Broadcasting Corporation (KAN) reported days ago.  KAN cited an informed Syrian source who said that Sharaa is "concerned" that an attack by Damascus against Hezbollah will be seen across the region as "serving" Israel's interests. This could negatively impact Damascus’s "legitimacy." For now, the self-appointed Syrian president is ruling out an attack against Lebanon...

China's Power Demand Hits Records As Heatwave Grips Key Regions By Irina Slav of OilPrice.com Electricity demand in much of China hit a record this week due to scorching summer temperatures, driving grid loads to all-time highs, the State Grid Corporation of China said today, as cited by Reuters. On Monday and Tuesday, the company said, electricity loads reached a record in the country’s northern, northeastern, and eastern regions. No blackouts have been reported, however, as the grid operator moves in time to direct more baseload electricity where it is needed for...

CNN reported on Tuesday that the pilot of a US F-15 fighter jet that was shot down over Iran during the US-Israeli bombing campaign in April reported seeing a swarm of Iranian drones in a formation that resembled a jellyfish before he ejected from the aircraft. Sources told the outlet that the pilot reported what […]