'Tank Bottoms' Loom At Cushing After Across-The-Board Inventory Draws, Another Huge SPR Drain

Pentagon Strikes Iranian Island Target, In First US Military Action In Weeks Update(1615ET): Things have been quiet for many days and weeks on the military front when it comes to the Iran war, but on Sunday there are some emerging reports of new but limited US strikes. According to the latest late Sunday from Axios: Senior American official: Earlier today, American forces attacked two Iranian launchers on Larzac Island. Revolutionary Guard forces were observed preparing to launch rockets carrying sea mines toward the Strait of Hormuz. So despite the White House signaling...

Justice Department Withdraws Subpoenas Of New York Times Journalists Authored by Timothy Frudd via The Epoch Times, The Justice Department has withdrawn subpoenas for three reporters from The New York Times following criticism from a federal judge. U.S. District Judge Arun Subramanian indicated on July 23 that he would have granted the request from the newspaper to reject the subpoenas if the Justice Department had not withdrawn them. Subramanian said that the government was required to ensure that it could not obtain the information it sought from any other sources before subpoenaing journalists. “Subpoenas...

The Iranian Foreign Ministry said on Wednesday that Iran and Oman were close to reaching an agreement on a new shipping corridor through the Strait of Hormuz, but that it wouldn’t guarantee that the waterway would be opened to all traffic. “If certain third parties do not obstruct the process, the two countries are also […]