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Oil Spikes As Israeli Defense Chief Says 'Required To Act Again' In Striking Iran, Achieving Objectives Summary Israeli Defense Minister Katz: "soon we will need to act again in Iran to ensure that the regime cannot threaten Israel for years to come." Oil spikes on this and new reports of Israeli defense build-up at ports, air hubs. Not giving up nuclear program: Iran will "guard" its "advanced technologies" like it does its own borders, Mojtaba Khamenei said in a written speech read aloud by state TV. It will “secure the Persian Gulf region and dismantle...

Futures Jump On Hopes Of War De-escalation, Korea Enters Bear Market On Memory Rout Futures are higher on a WSJ report that Trump is considering exiting the middle east conflict even if the Strait of Hormuz is not reopened; but the market is deciding whether this is a genuine intent to leave or another feint given the previous US attacks during negotiations and that Trump has yet to adjust his Apr 6 deadline. As of 8:00am, S&P futures are 1.1% higher, at session after approaching correction territory yesterday. Nasdaq futures rise...

The Senate on Wednesday voted against advancing a War Powers Resolution aimed at halting further US military action against Iran without authorization from Congress amid the major US-Israeli bombing campaign in the country. The resolution, introduced by Senators Tim Kaine (D-VA) and Rand Paul (R-KY), failed in a vote of 47-53, with Paul being the […]