Today's Soap Operas – Coronation Streeting, Eastenders, And Succession

President Donald Trump and Israeli Prime Minister Benjamin Netanyahu agreed to increase economic pressure on Iran by attempting to cut oil exports to China.  A US official speaking with Axios said during the meeting between Trump and Netanyahu last week, the leaders “agreed that we will go full force with maximum pressure against Iran, for […]

Cushing Stocks Crash To 'Tank Bottoms', Seasonally Lowest Since 2005; SPR Sees Another Huge Drain Oil prices have tumbled in recent days as optimism grew there would be a lasting Middle East peace agreement, which would mean supplies would be back on track - but investors are taking a breather today with prices marginally higher this morning, rising off three month lows (and the 200DMA) after Trump threatened to 'start bombing again' if he doesn't like the deal (or how Iran is behaving). Solid US macro data also helped lift oil...

Oil Tumbles After Reported Final Draft Of US-Iran Agreement Reached, But Nuclear Issue Absent Summary AI Arabiya TV obtains what it describes as final draft of US-lran agreement, oil tumbles. Reuters reported that Ayatollah ordered that stockpile of uranium enriched to 60% remain strictly inside Iranian territory. Some Iranian officials then denied report to Al Jazeera. WH says make a deal or else... "they can face a punishment from our military the likes of which has not been seen in modern history." US Intelligence says Iran has reconstitute drone program, defense industrial base, "faster...