Musk's Starlink Plots To Become A Mobile Carrier; TD Cowen Sees Possible T-Mobile Buyout

American Journalist Shelly Kittleson Kidnapped In Baghdad American freelance journalist Shelly Kittleson, who reports primarily on Middle Eastern and Afghan affairs, was kidnapped in Baghdad earlier today. She has written for outlets including Al-Monitor, Foreign Policy, BBC News, Politico, and others. Alex Plitsas, a CNN national security analyst and former senior Pentagon official under former President Barack Obama, confirmed on X that Kittleson was "abducted and may have been taken hostage in Baghdad by Kataib Hezbollah." 🚨🚨🚨 I can confirm that my friend Shelly Kittleson was abducted and may have taken hostage...

Iran Specifies 5 Demands To Restart Peace Talks With US Iran on Tuesday revealed its demands in a counteroffer to the United States that President Trump shot down on Sunday, which has put the whole conflict and Pakistan-mediated talks in a holding pattern and stalemate, as the Strait of Hormuz remains effectively blocked. The demands hinge on war reparations, Iranian sovereignty over the Strait of Hormuz and an end to US sanctions - things which the White House balked at, with war reparations especially being focus of rejection by the US side, and the...

Tanker Rates Nearly Halve As Hormuz Shipping Normalizes The recent spike in the cost to hire a supertanker carrying 2 million barrels of crude from Saudi Arabia to China is now being sharply reversed, as more shippers send vessels through the Strait of Hormuz and normalization trends continue to improve. Bloomberg reports that tanker rates for the Saudi Arabia-to-China route tumbled to about $287K on Friday, down 44% from more than $514K on Tuesday. That data came from the Baltic Exchange. Rates remain elevated and still highly profitable for owners, but...