Oil Dips As Pakistani Army Chief Travels To Tehran As Rubio Touts 'Slight Progress' On Talks

Markets Have Returned To Taking Headlines As Gospel By Molly Schwartz, cross-asset macro strategist at Rabobank US Treasury yields have been falling for the past two days. On Monday, we saw US rates grind lower after Powell gave a speech at Harvard University where he seemed to hint that hikes were not part of the Fed’s plan for the immediate future, noting that “tariffs have a one-time impact on inflation” and that “there are risks to both sides of the mandate.” In times like these where inflation fears have been...

Iran's Covert Oil Trade Persists As Tankers Breach US Blockade By Tsvetana Paraskova of OilPrice.com Iran continues to export its oil out of the Persian Gulf via the Strait of Hormuz using dark mode on tankers to move past the US blockade outside the world’s most vital oil chokepoint. At least two Iran-flagged supertankers fully laden with an estimated about 4 million barrels of crude have exited the Gulf via the Strait of Hormuz and through the U.S. blockade, Bloomberg reports, citing satellite imagery analyzed by energy flows intelligence firm Vortexa. The two...

Manhunt After Monaco Bombing Severely Wounds Ukrainian Oligarch In 'Attempted Assassination' Monaco has been shaken by an apparent assassination attempt on a Ukrainian-born business tycoon by parcel bomb on Monday - something unprecedented in the normally ultra-safe principality. Authorities have described that a suspect, who is now on the run, had left a mail package in the lobby of a residential building that detonated around 9pm on Monday, unleashing what police called a "powerful explosion". via EPA The victims have since been identified as Vadym Iermolaiev, his wife and their 13-year-old child. They all...