Vance 'Skeptical' That Iran Closed Hormuz Strait Again, Pentagon Declares Safe Passage Remains 'Intact Today'

DEI Practices Reduce Productivity, Cost $94 Billion Annually: White House Economic Report Authored by Travis Gillmore via The Epoch Times, Diversity, equity, and inclusion practices negatively impacted the U.S. economy, according to the 2026 White House Economic Report released April 13.  Researchers calculated that DEI policies reduced output and lowered the country’s gross domestic product by about $94 billion each year, amounting to approximately $1,160 per year for families with two working adults.  “These estimates imply that DEI promotion has led to inefficient management, raising the cost of doing business,” the report reads. “These...

Mother Of All 'Ifs': Trump Officials Claim Iran Deal Delivers Peace, Inspections & Hormuz Reopening; Iran Says Indeed 'Close' Summary Bloomberg latest: US Senior admin officials says Iran deal accomplishes core US objectives and deal reopens Strait of Hormuz; Iran deal guarantees long-term peace in region and includes inspection regime. Pakistan PM Sharif: "we can confirm that a final, agreed upon text of the peace deal has been reached & Pakistan is now working closely with both sides to finalize the next steps." Surprise, surprise: Iran FM says sides "have never been closer and pending...

World's Biggest Physical Oil Trader Warns Of Months Of Price Volatility By Michael Kern of OilPrice.com Seasonally lower demand ahead of the peak summer driving season and the continued turbulence in the Middle East could extend the violent oil price swings for months ahead, the top executive of oil trader Gunvor has told the Financial Times. “It is a little bit of a more challenging, softer period that we need to be careful of,” Gary Pedersen, chairman and CEO of Gunvor Group, told FT in an interview published on Monday. “Frankly, it could...