Traders Are Shorting Oil As If The Hormuz Crisis Is Over

Meta Faces Unprecedented Legal Reckoning Over Youth Mental Health As Massive Multistate Trial Begins Meta Platforms is facing a critical juncture in its battle over youth online safety. Just weeks after suffering a massive legal defeat in New Mexico, the parent company of Facebook and Instagram is now defending itself in a California federal court against a bipartisan coalition of 29 states. The states say Meta deliberately designed its platforms to addict children and harvested their data in violation of federal law. The California Showdown A sweeping multistate trial opens Tuesday in...

Israel & Saudi Arabia Engaged In Intel-Sharing Against Houthis, With Pentagon Help Israeli media on Tuesday is awash with reports that the Israeli government is now quietly providing intelligence to Saudi Arabia amid the raging fight with Iran-aligned Houthi rebels in Yemen. The claims definitely ring true given Israel has long faced immediate threats out of Yemen, after earlier in the Gaza war Israeli territory suffered several Houthi ballistic missile hits, including near sensitive facilities like airports. Also, Saudi and Israeli-linked ships are effectively banned from Red Sea shipping amid Houthi...

Ukrainian Drone Strike Paralyzes Airports Across All Southern Russia Russian cities and communities are busy preparing Victory Day WW2 memorial events all across the country ahead of Saturday, and so security is already on edge and on high alert, especially in the Moscow area, given that Ukraine's devastating cross-border drone attacks have persisted and expanded of late. On Friday air traffic at 13 airports across southern Russia was suspended after drones struck a building at a regional air navigation center in Rostov-on-Don, Russia's transport ministry confirmed. This was the crucial air traffic...