House Passes Bill To Give Ukraine Billions in Additional Military Aid as War Escalates

Le Pen Leads Every Major Rival In New French Presidential Runoff Polling Authored by Thomas Brooke via Remix News, Marine Le Pen would beat every major rival in a second-round French presidential election runoff, according to new polling that hypothesized her eligibility to stand in the election expected in April next year. A Toluna-Harris Interactive poll for M6 and RTL, conducted on May 27, found Le Pen ahead in all three tested runoff scenarios when she is the National Rally candidate. The strongest result came against far-left leader Jean-Luc Mélenchon, with Le Pen...

Traders Puzzled As Physical Oil Prices Tumble Amid Surging Chinese Crude Sales, Plunging Imports Yesterday when discussing China's unexpected flip-flopping on its decision to order local banks to ignore the latest US sanctions on Chinese, followed days later by a demand that they pause loans to sanctions refiners, we highlighted something remarkable: in the aftermath of the Strait of Hormuz blockade, which throttled the transit of ~10% of global oil and sent physical prices soaring to record highs (especially for Dubai crude), resulting in a windfall for European refiners thanks...