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

Odds Of SCOTUS Striking Down Trump's Birthright Citizenship EO Spike Update (1240ET): Odds are not looking good for President Trump's executive order restricting birthright citizenship, as two conservative justices now seem skeptical amid today's oral arguments.  As journalist Eric Daugherty notes on X, "SCOTUS Justice John Roberts is VERY skeptical of President Trump ending birthright citizenship, repeatedly firing back at Trump's top lawyer," noting that Roberts paid no mind when US Solicitor General John Sauer brought up the fact that China has 500 birth tourism companies that bring people to the US to have children.  "That has no impact on the...

The US fired a Tomahawk missile in the Philippines from its new Typhon launcher for the first time during Washington and Manila’s annual Balikatan Exercise, a major provocation aimed at China. The Typhon, also known as the Strategic Mid-Range Fire System, was developed by the US after it withdrew from the Intermediate-Range Nuclear Forces (INF) […]

China Rejects 'Baseless Smear' It's Sending Weapons To Iran After Trump Warned Of 'Big Problems' China has dismissed reports that it supplied or plans to supply weapons to Iran as "baseless smears," after multiple outlets cited US intelligence accusing Beijing of potentially entering the war indirectly. "China has always adopted a cautious and responsible attitude towards the export of military items, implementing strict controls in accordance with its own export control laws and regulations and its international obligations. We oppose baseless smears or malicious association," Foreign Ministry spokesman Guo Jiakun stated...