July 4, 2026

Iran Oil Official In Surprise Admission: 'Fate Of Our Refineries Now At Risk' As US Blockade Begins To Bite Summary Iran oil sector official admits "serious threat" - telling NYT: "export of our oil and energy and the fate of our refineries is now at risk." US Navy jet fires on Iran-flagged tanker trying to reach Iranian waters & port. Axios reports that the White House is nearing a preliminary deal with Iran to end the war, as Trump post appears to offer olive branch. Other reports say just hammering out at 'framework' for...

Trump To Declare Iran War Wind-Down As Iranian President Issues Open Letter To Americans Summary Trump to declare Iran war is winding down and others need to resolve Hormuz Iranian President Masoud Pezeshkian has released an open letter to the American people, questioning whether Washington is truly putting “America First” or merely acting as a “proxy for Israel” willing to fight “to the last American soldier.” Air defenses have been activated in Dubai, taking out 5 ballistic missiles and 35 drones launched from Iran Iran's new Ayatollah tweets "I emphatically declare that the consistent policy of...

Snubbed By SpaceX, Jefferies Now Helping Traders Short World's Biggest IPO Two weeks ago, when the SpaceX IPO prospectus landed, we observed, that "Goldman is lead left; and pretty much every other bank is on the cover." Goldman is lead left; and pretty much every other bank is on the cover. They need that to sell it to retail https://t.co/9JogVIxo1i pic.twitter.com/nSnvx6tWqs — zerohedge (@zerohedge) May 20, 2026 Yet one bank was missing: middle-market specialist (with a penchant for junk bonds and lack of due diligence on private credit deals), Jefferies. Whether it was shunned...