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Brent Falls To Pre-War Levels As Trump Contradicts Tehran On Hormuz Tolls, Nuclear Inspections

Brent Falls To Pre-War Levels As Trump Contradicts Tehran On Hormuz Tolls, Nuclear Inspections Brent crude oil prices fell below $75 a barrel late yesterday, marking the first time the global benchmark has traded under that level since the outbreak of the Trump-initiated Iran conflict. The drop in crude prices could provide relief for consumers and businesses by easing pressure on fuel costs and inflation, a desired Washington outcome of the MoU signing - for which Trump has come under severe criticism from hawks at home. Speaking of escalating, we have...
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Jun 28, 2026 / Tyler Durden
Araghchi Visits Soleimani Assassination Site, Issues Fresh Warning Over US Moves In Hormuz
Araghchi Visits Soleimani Assassination Site, Issues Fresh Warning Over US Moves In Hormuz “The Strait of Hormuz will return to its pre-war operating conditions within 30 days under a management framework implemented by Iran," Iranian Foreign Minister Abbas Araghchi has warned during a joint press conference with his Iraqi counterpart Fuad Hussein.  The timing behind his visit to Baghdad is interesting, right at the moment a widening corruption sweep conducted by elements of the Iraqi government, which has unleashed mass protests and unrest outside Baghdad's Green Zone. The symbolism of defiance and readiness...
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Apr 17, 2026 / Tyler Durden
Critical Metals Shares Surge 40% After Expanding Rare Earth Mining Position In Greenland
Critical Metals Shares Surge 40% After Expanding Rare Earth Mining Position In Greenland Critical Metals Corp. shares have surged as much as 45% in trading today after the company significantly expanded its position in Greenland’s Tanbreez rare earth project, tightening its grip on a resource it sees as central to a US-friendly supply chain, according to Bloomberg. It marks the biggest intraday gain in half a year and lifting the company’s valuation to roughly $1.7 billion. According to documents reviewed by Bloomberg, the firm raised its ownership to 92.5% by purchasing the...
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