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"This May Be Iran's First Misstep - And Proof Leverage Isn't Total"
"This May Be Iran's First Misstep - And Proof Leverage Isn't Total"
Brent and WTI futures extended declines on Tuesday morning as momentum continued toward an end to the US-Iran conflict. The latest signs of de-escalation include a U.S. waiver allowing some crude and fuel sales from Iran, while Tehran said $12 billion in frozen funds had been released as part of ongoing talks with U.S. negotiators.
Both sides have signaled progress so far this week, further eroding the war premium in crude markets as traders begin to price in...
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CENTCOM Says 4 Killed When It Lost a KC-135 Tanker Aircraft Over Iraq
UPDATE 3/3/2026 at 8:00 am EDT: CENTCOM said on Friday morning that four of six crew member on board the KC-135 were confirmed dead. US Central Command said on Thursday that it lost a KC-135 refueling tanker aircraft over Iraq and that a rescue effort is underway, suggesting it may have crashed. “US Central Command […]
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Apr 9, 2026 / Tyler Durden
Iran's Tolling Regime On Hormuz Chokepoint Would Set "Dangerous Precedent," IMO Warns
Iran's Tolling Regime On Hormuz Chokepoint Would Set "Dangerous Precedent," IMO Warns
The ceasefire deal in the six-week US-Iran conflict remained in doubt by late week, as Israel intensified its bombardment of Beirut, Tehran kept the Hormuz chokepoint closed, and negotiators prepared to meet on Friday even as both sides declared victory.
Reports of attacks on one of Saudi Arabia's Red Sea ports, alongside the continued closure of Hormuz, did little to reassure traders in the overnight session. Risk sentiment remained fragile on Thursday morning, with equities across Asia and Europe...
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