Iran Counter-Blockade Bites As No Tankers Load At Kharg For 10th Day

Fragile US-Iran Interim Peace Deal Tested As 3rd Ship Attack Reignites Hormuz Crisis Summary:  Three maritime incidents reported on Hormuz in last 24 hours  Another unidentified vessel hit by a Drone IRGC forces hit a Saudi Tanker  IRGC forces hit a Qatari LNG tanker IRGC forces hit a Qatari LNG tanker, a Saudi crude tanker, and an unidentified vessel in the Hormuz shipping channel in the last 24 hours. Earlier, we reported that a fully loaded Qatari LNG tanker was struck by a projectile near the Omani coast while exiting the Strait of Hormuz. Bloomberg later reported...

Judge Slaps A 14-Day Timeout On Paramount-Warner Bros. Mega-Merger A federal judge just threw a wrench into one of the biggest media shake-ups in years. On Monday, U.S. District Judge Araceli Martinez-Olguin (Biden) temporarily blocked Paramount Skydance's $110 billion takeover of Warner Bros. Discovery, giving a coalition of 12 state attorneys general a short-term win in their fight to kill the deal. The temporary restraining order lasts 14 days - half the 28 days the states had requested - and prevents Paramount from closing the transaction that would combine two historic...

Economic Sentiment Belies Strong Economic Estimates Authored by Lance Roberts via RealInvestmentAdvice.com, Economic growth metrics for the United States have recently shown surprising resilience; however, consumers’ economic sentiment has not. According to the Bureau of Economic Analysis’s advance estimate, real Gross Domestic Product expanded at an annualized rate of just 1.4%, well below expectations and a steep drop from the 4.4% pace in the third quarter. However, the record-long federal government shutdown, which ran from October 1 through November 12, subtracted roughly 1 full percentage point from growth, as federal outlays plunged...