WTI Holds Gains Despite Biggest SPR Drawdown In 45 Year History, Production Jumped

Ukraine Hits Key Russian Space Facility With Flamingo Cruise Missiles Ukraine's long-range drone attacks have frequently targeted military bases and oil refinery and energy sites of late, and more recently warehouses of major Russian online retailer Wildberries - but on Saturday a new target has been added: space facilities. Ukrainian forces have touted that they've struck the Progress Rocket and Space Center in Russia's Samara region. The facility focuses on the manufacturing and operation of space launch vehicles. Illustrative: Baikonur Cosmodrome, Space.com/NASA Ukrainian President Volodymyr Zelensky said on X that Ukraine hit the space manufacturing...

Trump Eschews Talks With 'Dishonest' Iran, Says Will Keep 'Hitting Them Very Hard'  Summary Trump proclaims US strikes on Iran are succeeding and will continue. US adds sanctions, Bessent says Tehran can't pay troops, as Iran faces growing pressure. Most Americans say the Iran war isn't worth fighting: AP poll. Iran claims drone strike on US base in Kuwait - after no new US strikes overnight. Oil rises as fears of wider conflict grow and lack of talks. US announces end of Iranian blockade by August 15, 2026? Yes 20% · No 80%View full market & trade on...

White House Working On NATO 'Naughty & Nice' List Based On Iran War Support US officials are drafting what diplomats provocatively describe as a "naughty and nice" list ranking NATO allies based on their support for the US-Israeli war against Iran. Fresh reporting in Politico describes the proposal, developed ahead of NATO chief Mark Rutte's visit to Washington this month, as placing member states into tiers while outlining consequences for those refusing to participate in military operations against Iran, according to European diplomats and a US defense official familiar with the discussions. Source:...