One Key Signal Says Rate Hikes Could Be Coming

Israeli forces continued to carry out strikes across southern Lebanon on Thursday, shelling villages, destroying homes, and spraying the surrounding area with machine gun fire. The main attacks were reported, as usual of late, in Nabatieh and Tyre Districts, and other incidents were reported in Sidon and Bint Jbeil Districts. Airstrikes were reported in Mansouri […]

Fico Threatens To Cut Ukraine's Emergency Power As Russian Oil Transit Fight Escalates Slovakia's populist Prime Minister and pro-Trump ally Robert Fico has drawn an unexpectedly hard line in his country's ongoing energy showdown with Ukraine: restore Russian oil flows, or else a key emergency electricity lifeline for Ukraine gets pulled. In a weekend post on X, Fico warned that unless Ukraine resumes pumping Russian crude to Slovakia by Monday, Bratislava will cut off its emergency power exports. This is an immense threat given current frigid subzero temperatures in war-ravaged Ukraine. "If...

WTI Extends Gains As Crude Exports Slide, SPR Drain Continues, 'Tank Bottoms' Hit Oil prices spiked overnight to three-week-highs after President Trump said that he thought the Iran cease-fire was “over” amid a volatile 24 hours in the Persian Gulf region. The Trump admin launched a series of strikes on Iran and revoked a waiver that had allowed Iran to sell oil in retaliation for attacks on tankers this week in the Strait of Hormuz. Daniela Hathorn, an analyst at Capital.com, a broker, said that investors had viewed the cease-fire as “fragile...