"Cautious Optimism": US Pending Home Sales Rise For 3rd Straight Month In April

A Ukrainian diplomat said to the Israeli press that Tel Aviv is missing an opportunity to save the lives of its soldiers by working with Kiev on anti-drone technology.  Speaking with Ynet about Kiev’s anti-drone capabilities, Ukraine’s ambassador to Israel, Yevgen Korniychuk, said, “We are fighting from a different angle against the same axis of […]

Trump Says Iran Faces 'Decapitation' If It Doesn't Sign A 'Good' Deal Summary Trump says Iran faces 'decapitation' if it doesn't agree to a deal. Trump says Gulf allies halted planned US strikes in favor of diplomacy. Iran says Hormuz talks with Oman are progressing, but US actions remain the obstacle. Oil prices still falling on optimism over Hormuz negotiations & uptick in transit. Tehran is betting it can outlast Trump by raising the costs of confrontation. Will the U.S. invade Iran before 2027? Yes 21% · No 80%View full market & trade on Polymarket *  * ...

China's Car Sales Slump As Gasoline Demand Craters Authored by Irina Slav via OilPrice.com, Chinese car sales in China fell by 21.5% in April, driven by lower demand for gasoline-powered vehicles amid higher fuel prices. EV demand failed to offset the drop in internal combustion engine vehicle sales, as well. According to Bloomberg data, total car sales in China last month hit 1.4 million. This was the lowest since 2022, when China was still in the grip of Covid lockdowns. Internal combustion engine car sales suffered a decline of over 30%, while EV and...