Tanker Rates Nearly Halve As Hormuz Shipping Normalizes

Trump's Booming War Economy Explained In One Chart Defense Secretary Pete Hegseth spoke with lawmakers last week and, at one point, laid out how the U.S. war economy is roaring back to life under the Trump administration. Hegseth's message was clear: President Trump's "smart business deals" have sent an unmistakable demand signal to defense-industrial partners: build more, build faster, and prepare for sustained procurement. "The department has helped stimulate more than two hundred and fifty private investment deals in thirty-nine states, 180 cities, 150 companies worth more than 50 billion dollars," Hegseth...

Trump Announces 10-Day Lebanon-Israel Truce, As Iran Reasserts Tolls Via Iranian Banks; US Vows Hormuz Blockade "As Long As It Takes" Summary Trump unveils 10-day Lebanon ceasefire, but which Hezbollah has not signed on for, amid heavy IDF attacks on south. Iran seeks to boost rial through toll payment scheme; vessels pay Hormuz passage through Iranian banks. US Navy: vessels seeking entry into Hormuz Strait now fair game for boarding, search, and outright seizure - including for suspicion of 'contraband'. Hegseth: US forces are ready to restart combat if Iran doesn’t agree to a...

US Africa Command said in a press release on Wednesday that its forces launched another airstrike in Somalia as the Trump administration continues an escalated bombing campaign in the country that receives virtually no media coverage in the US. AFRICOM said the strike was launched on April 21 and that it targeted al-Shabaab near a […]