Gamma And Momentum: A Recipe For Cheers And Tears

Iran Spox Blasts 'Unrealistic' White House 'Wish List' To End War After US Touts 'Close' To Deal Summary Axios reports that the White House is nearing a preliminary deal with Iran to end the war, as Trump post appears to offer olive branch. White House says it expects a response to the latest offer within 48 hours. Iran's initial response via media & national security spox: US demands are unrealistic & do not reflect reality. A key caveat of the US offered deal is that Iran would commit to a moratorium on uranium enrichment,...

Saudi Jets Bomb Sanaa International Airport To Stop Iranian Passenger Plane From Landing Renewed conflict continues to be potentially breaking out over Yemen, as on Monday Saudi Arabia struck the runway of the Houthi-controlled Sanaa International Airport, amid growing allegations that Iranian flights have increasingly made use of Yemen's airspace. The Saud-backed Yemeni government which has long been locked in a civil war for the country's future has singled out the Houthi rebels for hosting Iranian flights, warning that its "patience has run out" and that it will respond to any airspace...

Mideast Chaos Sends Supertanker Rates Soaring To $800,000 A Day Supertanker rates on the Baltic Exchange's benchmark Middle East-to-China shipping route have surged to a staggering $800,000 a day. With US forces having destroyed five Iranian-linked tankers and Tehran threatening further escalation in recent days, prospects for near-term stabilization remain limited. The freight surge signals that crude oil and refined products continue to flow but are becoming increasingly costly to transport out of the Gulf region to global markets. According to Bloomberg, US Gulf-to-Asia shipments on very large crude carriers average...