Drone Stocks Erupt After Report Of Pentagon Funding Deals

Oil Jumps As Report On 6-Month Iran Deal Timeline Crushes Ceasefire Hopes, Hormuz Still Locked Down Summary Trump unveils 10-day Lebanon ceasefire, but which Hezbollah has not signed on for, amid heavy IDF attacks on south. BBG reports on potential 6-month timeframe for comprehensive Iran deal, oil spikes. Iran seeks to boost rial through toll payment scheme; vessels pay Hormuz passage through Iranian banks. US Navy: vessels seeking entry into Hormuz Strait now fair game for boarding, search, and outright seizure - including for suspicion of 'contraband'. Hegseth: US forces are ready to restart...

A US F-18 attacked and disabled an Iranian-flagged civilian ship in the Gulf of Oman. “US Central Command (CENTCOM) forces observed M/T Hasna as it transited international waters enroute to an Iranian port on the Gulf of Oman,” a statement from CENTCOM published on Wednesday said. “After Hasna’s crew failed to comply with repeated warnings, […]

Key Events This Holiday-Shortened Week: PCE, Durables, Consumer Confidence And Fed Speakers SSDD: with stocks set to hit new record highs, the hope this morning once again is that the days may be numbered for the war in Iran, with momentum building since the start of the weekend that a deal could be in the works. Brent, which ended last week at $103.54/bbl, is this morning trading at $97.87/bbl, around -5.48% lower than Friday’s close. However, Brent had got as low as $96.02 late yesterday before news overnight that US and...