Israeli Attacks in Gaza Kill Six Palestinians in 24 Hours

Pakistan Uses Diplomacy To Secure LNG Supply from Hormuz Submitted by Charles Kennedy of OilPrice.com Pakistan has negotiated the passage of vessels laden with Qatari LNG out of the Strait of Hormuz in a diplomatic feat that no other energy buyer has managed so far in the Iran war. Pakistan, which was the mediator of the U.S.-Iran talks and is passing messages from one to the other, appears to have used well its close ties with both Qatar and Iran to negotiate the successful imports of two tankers with Qatari LNG. Pakistan has...

Key Events This Holiday-Shortened Week: Jobs, Warsh In Sintra, ISM, ADP Global attention this holiday-shortened week,will center on the US labor market, with the June employment report due on Thursday ahead of the Independence Day holiday. A reminder that the US will be 250 years old this week. Alongside that, central bank communication will be in focus at the ECB’s Sintra forum (today through Wednesday), while inflation data across Europe and activity indicators in Asia—notably China’s PMIs and Japan’s monthly data—round out a busy global calendar. In the US, DB economists expect...

Pentagon Sends Marine Expeditionary Unit To Middle East, Oil Spikes On Ground War Fears Summary: Hezbollah chief Naim Qassem says the group is fighting an existential battle against Israel as displacement crisis in Lebanon deepens: AJ Over 3 million people forcibly displaced by US-Israeli war on Iran: UN Iran reportedly approves Indian government sending two liquefied petroleum tankers through Hormuz Japan-based USS Tripoli and its attached Marines headed toward Middle East WSJ says Pentagon sends Marine expeditionary unit to Middle East. Oil jumps higher Pentagon has just confirms two additional deaths in Thursday's downing of a...