Turkey Bans Protests Across Many Provinces Ahead Of Major NATO Summit

The Next Oil Rally Could Be Driven By Stockpile Refilling Authored by Irina Slav via OilPrice.com, The Middle East conflict has disrupted more than 1 billion barrels of oil supply, but China's massive strategic crude stockpile helped offset the shock by sharply reducing imports, preventing oil prices from surging even higher. Countries are now racing to build or replenish strategic petroleum reserves, with the IEA planning to refill the 400 million barrels it released during the crisis and major importers like India looking to expand their emergency stockpiles. This wave of reserve rebuilding...

NATO 3.0: Report Details 'Fundamental Restructuring' Of US Commitments Via The Cradle The US is moving forward with a "fundamental restructuring" of its commitments to European security, transitioning from the traditional "burden sharing" strategy to that of "burden shifting," according to a Der Spiegel report published on May 26. Under the new vision dubbed "NATO 3.0," Washington expects European allies to assume responsibility for the continent’s entire conventional defense. Source: Dunya In this new framework, the US will primarily provide a nuclear deterrent rather than the broad military support it has historically guaranteed. This transition, which the report notes...

Trump Cancels Tonight's Planned Iran Strikes, Citing 'Highest Level' Talks, Even As Tehran Denies Summary TACO: Trump Cancels Strikes After All Day Bluster About 'Bigger' Strikes on Iran Tonight Iran Parliament Speaker Ghalibaf says "Wrong strategies and impulsive decisions will reset the entire board for the worse, explode energy infrastructure and markets & create an endless quagmire that you will be stuck in for years." Trump follows with mention of "bigger, more powerful" bombing of Iran tonight. He pledged "they're finished". Trump announces intent to hit the Iranians "VERY HARD TONIGHT". Iran Foreign Ministry: US attacks "rendered...