Trump Says 'We'll Bomb The Sh*t Out Of Them' Tomorrow Too If No Deal,  After Dozens Of Tomahawks Hit Iran

Iran Announces First Hormuz Toll Fees Successfully Transferred To Central Bank President Trump has repeatedly said that Iran "better not" collect tolls from ships seeking to traverse the Hormuz Strait waterway, as both warring sides have initiated their own rival blockades of different sectors of the strait. Just last week, Trump had flatly rejected the possibility of Tehran imposing fees - reportedly $2 million or perhaps even more - when a reporter asked about the prospect of restrictions or tolls managed by Iran for strait passage. "Nope. No way. No. Nope," Trump...

Pandemic? Trump Remains Confident Hantavirus Situation Under Control Authored by Kimberley Hayek via The Epoch Times, President Donald Trump said on May 7 that he had been briefed on a hantavirus cluster tied to a cruise ship and that he was hopeful that the situation was still contained, as federal health authorities track the American passengers who returned home. The president also said he expected more information on Friday. Trump offered his assessment to reporters regarding the outbreak aboard the MV Hondius, which had passengers from multiple countries, including the United States....

Supertanker Rates Hit Six-Year High: Here's What Driving It Global very large crude carrier (VLCC) rates have jumped to six-year highs due to two recent catalysts: first, a growing war-risk premium tied to the possibility of a US-Iran conflict, and second, ongoing consolidation in fleet ownership that is tightening vessel availability. Let's begin by noting that war-risk insurance premiums are rapidly being priced into VLCC tanker rates. The Strait of Hormuz has once again come into focus as the world's most important energy chokepoint, where any flare-up in a US-Iran...