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Hormuz Fears Ease As Trump, Ghalibaf Virtually Sign US-Iran Deal, But Energy Flows Remain Months From Normal
Hormuz Fears Ease As Trump, Ghalibaf Virtually Sign US-Iran Deal, But Energy Flows Remain Months From Normal
President Trump, Vice President JD Vance, and Iran's Parliament Speaker Mohammad Bagher Ghalibaf have virtually signed a peace deal to end the U.S. naval blockade of the Strait of Hormuz, Iranian ports, the general Gulf region, and begin 60 days of nuclear negotiations, according to CNN, citing US senior sources.
The text of the so-called memorandum of understanding, a 14-point document that should lead to a two-month extension of the ceasefire and the start of negotiations over...
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Mar 1, 2026 / Jason Ditz
Israel Pounds Lebanese Capital After Hezbollah Takes Credit for Rocket Fire at Haifa
Israel is attacking the Lebanese capital city of Beirut this evening after Hezbollah reportedly took credit for rocket fire against the Israeli city of Haifa. Israeli warplanes have also hit multiple other sites across southern and eastern Lebanon today, including the Bekaa Valley and the Nabatieh District. Details about the extent of the damage in […]
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Jul 5, 2026 / Tyler Durden
'Thought People Hated Him': Trump Surprised Iranians Are Crying At Khamenei's Funeral Amid Massive Turnout
'Thought People Hated Him': Trump Surprised Iranians Are Crying At Khamenei's Funeral Amid Massive Turnout
President Trump this weekend mused in an interview with Axios that so many people and officials are currently gathered for Iranian Supreme Leader Ali Khamenei's funeral in Tehran that they could all be taken out in one fell swoop.
"They are all there. One shot [and we can take them all out], but we are not going to do that because then we would have nobody to negotiate with," Trump said.
AFP via Getty Images
He again emphasized that...
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Jul 2, 2026 / Tyler Durden
Sam Altman's OpenAI Discusses Handing Trump Admin A 5% Stake
Sam Altman's OpenAI Discusses Handing Trump Admin A 5% Stake
The U.S. government's equity portfolio could be expanding again, this time with a potential 5% stake in Sam Altman's OpenAI at an $852 billion valuation, according to a new report. The proposed stake would mark another step toward taking direct financial positions in tech giants. For OpenAI, buy-in from the Trump administration could ease mounting political pressure ahead of an IPO.
The Financial Times reports that Altman has floated giving the U.S. government a 5% stake in OpenAI, modeled after...
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