Bayer Stock Soars After Supreme Court Guts Core Legal Theory Behind 1000s Of Roundup Cases

Israeli media reports that Israeli Prime Minister Benjamin Netanyahu is preparing to present President Donald Trump with intelligence that Iran has accelerated efforts to make a nuclear weapon.  According to Israel’s Channel 12 News, Netanyahu plans to make the case to Trump that Iran is racing for a nuclear weapon when the two leaders meet […]

Gas Prices Nearing Levels That Could Push Trump Towards Iran Talks, Says JPM Commodities Expert One of the main macro drivers this week remains the Gulf energy shock, as chokepoints from the Strait of Hormuz to Bab el-Mandeb are disrupted. Turmoil in the Black Sea between Russia and Ukraine is also sending chills through commodities desks. Related energy coverage: RBC Commodities Chief Warns "War Entering Dangerous Phase" As Chokepoint Chaos Risks Oil Above 2008 Peak Brent crude is back above $100 a barrel, while WTI has reached $92, pushing Treasury yields higher,...

Big Oil Tankers Abruptly U-Turn Toward Hormuz Ahead Of US-Iran Peace Deal Signing Ahead of the formal signing of the US-Iran peace deal on Friday, Brent crude futures briefly fell below $80 a barrel, as traders priced a quicker pace of supply flows that could normalize in the Gulf area as the Strait of Hormuz moves toward reopening. That is welcome news on the US inflation front, with lower crude prices helping ease pressure across gasoline, diesel, freight, and other input costs. Back in the Gulf region, early maritime signals suggest...