Japan's Refinery Utilization Hits 73% As Strategic Oil Stocks Flow In

Oil Tumbles On Deal 'Breakthrough' As US-Iran Reportedly Reach MOU, Pending Trump's Final Approval Summary Per Axios: "U.S. and Iranian negotiators have reached an agreement on a 60-day memorandum of understanding to extend the ceasefire and launch negotiations on Iran's nuclear program, but President Trump has yet to give it his final approval." Unconfirmed reports of Ayatollah denial of MOU. Saudi state media reports Pakistan is seeking to convince Washington to allow transfer of Iran's highly enriched uranium to China (Al Hadath). Iran launches ballistic missile on US base in Kuwait, which was reportedly intercepted by...

Trump Throws Abraham Accords Monkey Wrench Into Saudi Nuclear Deal At 11th Hour President Trump has suddenly pulled back the reins on the Saudi nuclear deal, which is likely being felt as a major shock in Riyadh, given that the deal was already signed Wednesday by Energy Secretary Chris Wright and Saudi Energy Minister Prince Abdulaziz bin Salman. Trump in a Thursday morning Truth social post declared that the deal will only be finally approved "totally subject to Saudi Arabia joining the very respected and successful Abraham Accords." Upon Wednesday's signing, there...

House Dems Launch Effort To Impeach Secretary Linda McMahon For Downsizing Education Department Authored by Jennifer Kabanny via The College Fix, A Democratic representative from Oregon, backed by numerous fellow lawmakers in the House, has filed articles of impeachment against Education Department Secretary Linda McMahon, alleging she is illegally dismantling the U.S. Department of Education. Congresswoman Suzanne Bonamici introduced the resolution last Thursday, arguing “I introduced an impeachment resolution because Secretary McMahon has made it her mission to close down the Department of Education, something she does not have the right to do.” The legislation is cosponsored...