Tanker Owners Having The Best Week Of The Hormuz Crisis As VLCC Rates Soar

Deal Done? US-Iran MOU Electronically Signed, Details To Be Released In 24-48 Hours: Report Summary: A deal has been electronically signed, according to US officials cited by CNBC Opening the strait will take time due to mines, and to expect an increase in traffic in 1-2 weeks Details to be released in 24-48 hours Trump: Ships starting to move through strait or Hormuz Vice President JD Vance Begins Optics Roadshow to Boost Investor Confidence On Deal  Iran Offers 60-Day Toll-Free Hormuz Transit As 100s Of Ships Await Reopening Deal Done? CNBC is reporting that a deal between the US and...

Communist Cox Heir Denied Release Over Alleged Hamas Funding, Claimed Openness To "Global Terror Activities" Local news outlet El Español reports that Spain's National Court denied release for Jim "Fergie" Chambers, the communist centimillionaire and heir to the massive Cox media fortune, for the fourth time, citing a flight risk while US authorities seek his extradition over allegations of financing Hamas and money laundering.  Chambers, an heir to the US billionaire family behind Cox Enterprises, has been detained since early July. He has been accused by the US government of transferring $7.5 million to Hamas from...

US Jobs Soar By 172K In May, Smashing Estimates In 4 Sigma Beat; Unemployment Rate Remains At 4.3% With Wall Street expecting a strong - not great - number, and a modest decline from April's 115K, moments ago the BLS reported a shocker: in May the US added 172K jobs... ... not only a 4-sigma beat to the median estimate of 88K, but also above the highest estimate of 125K. The change in total nonfarm payroll employment for March was revised up by 29,000, from  +185,000 to +214,000, and the change for...