Houthis Declare "Total Ban" On Israeli Ships As Dual Chokepoint Crisis Stokes Supply Chain Nightmare

The Iranian military said in a statement on Wednesday that overnight US airstrikes on the Iranian coast killed at least eight Iranian soldiers, Iran’s Mehr News Agency has reported. The US attacks on Iran that began after several commercial ships were hit by drones in the Strait of Hormuz lasted for several hours and reportedly […]

Oil Slides After Iran Says US Agreed To Lift Oil Sanctions During Talks, Long-Term 'Nuclear Freeze' On Table Saudi state-owned Al Arabiya early Monday has issued a bombshell if true (but still very much not officially confirmed), reporting that Iran has agreed to a long-term nuclear freeze instead of a complete dismantling. The outlet also reports that Iran has withdrawn its demand for compensation, instead demanding economic concessions. However, this could be highly dubious, given over the past several days Tehran has not shown willingness to back down from this demand of compensation. It...

I’ll give you my answer up front… NO! Trump’s claims on Monday and Tuesday that the US and Iran are talking is false in my opinion. During previous talks with Iran — including the last round in Geneva on February 26 — the communications were indirect. An Oman government official was the intermediary… He would […]