Japan Bankruptcies Surge To All-Time High As A Result Of Plunging Yen

"Three For Two": CENTCOM Destroys Iranian Tankers Near Kharg Island After IRGC Targets US Warships Summary: CENTCOM Confirms Iranian Tankers Hit Near Kharg Island Iranian Tanker Reportedly Hit By Missiles Near Kharg Island CENTCOM Confirms Strikes  US Central Command confirmed on X that US forces struck three Iranian oil tankers after the Islamic Revolutionary Guard Corps launched ballistic missiles toward two US Navy warships.  CENTCOM provided details: Following Iran's failed attacks, CENTCOM permanently disabled the IRGC crude oil carriers M/T Downy off the coast of Kharg Island and M/T Stark 1 near Jask. American forces also completely destroyed...

China Scoffs At Iran Arms Transfer Report, After Trump Pours Cold Water On Allegation China has given its response on Thursday to a prior Reuters investigation which strongly alleged that Beijing is preparing to transfer up to 400 Chinese-made shoulder-fired air-defense missile launchers MANPADS to Iran. The Reuters report was highly specific, even identifying the Hong Kong-based company that facilitated the signing of the arms deal between the Iranians and Chinese, but Beijing has rejected the report as a lie and 'groundless', saying there's no truth to it. "China has made its position...

Trump Admits Diesel US Export Ban Could Raise Gasoline Prices Authored by Tsvetana Paraskova via OilPrice.com, A potential ban on U.S. diesel exports could have "a negative impact on gasoline," U.S. President Donald Trump said late on Wednesday, although he didn't rule out such a move from the Administration. The President told reporters in the Oval Office that he and the Administration continue to discuss the pros and cons of a diesel export ban every day, "but it just seems that it would have a negative impact on gasoline." Earlier this week, Goldman...