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Futures Fall, Oil Rises As Mideast Violence Flares Up

Futures Fall, Oil Rises As Mideast Violence Flares Up US futures are but well off session lows, as part of a weaker risk tape after the US and Iran exchanged strikes, fueling doubts whether an end to the war is imminent and crushing hopes for a Hormuz deal (gasp). Overnight, US forces carried out airstrikes on an Iranian military site which Centcom described as "purely defensive" and designed to maintain the ceasefire; it also imposed new sanctions to prevent Tehran from profiting from vessels transiting the Strait of Hormuz....
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Jun 11, 2026 / Tyler Durden
Defendant In Deadly LA Wildfires Wanted 'Revenge Against Society,' Prosecutor Says
Defendant In Deadly LA Wildfires Wanted 'Revenge Against Society,' Prosecutor Says Authored by Beige Luciano-Adams via The Epoch Times, LOS ANGELES - More than a year after one of the most destructive fires in U.S. history, attorneys on Wednesday offered opening salvos in a federal jury trial accusing a 29-year-old man of sparking the initial flame that would lead, a week later, to the catastrophic inferno that claimed the lives of 12 people and reduced thousands of homes to ash in the wealthy coastal enclave of the Pacific Palisades. Destruction caused by...
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Mar 22, 2026 /
Israel Bombs Bridges in Southern Lebanon, Plans Expansion of Ground Operations
Israel is planning to expand its ground operations in southern Lebanon.  On Sunday, Israel began bombing the bridges that cross the Latani River and link southern Lebanon with the rest of the country. “The operation against the Hezbollah terrorist organisation has only begun… This is a prolonged operation,” Lieutenant General Eyal Zamir said in a […]
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Aug 6, 2026 / Tyler Durden
Investigators Unveil Charges Against Dismissed Ukrainian Ambassador To The US
Investigators Unveil Charges Against Dismissed Ukrainian Ambassador To The US Another top level Ukrainian official has been booted from office over significant corruption allegations, which comes at a moment of a broad shake-up of military and cabinet leadership initiated by President Zelensky. Olha Stefanishyna was dismissed as Ukraine's ambassador to the United States earlier this week, both local media as as Reuters have confirmed. via Associated Press Reuters writes that she is "suspected of illegal enrichment and failing to declare assets, authorities said on Thursday, the latest high-ranking official targeted in an anti-graft probe"...
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