No, The Framers Would Have Hated The Billionaire Tax

Iran Insists US Must Meet Stringent List Of Demands Before Hormuz Opens As expected, Iran is pressing hard to extract from Washington everything it can get - at a moment the Trump White House seems to be backing down from a heighted war over the Strait of Hormuz, given the serious risk of settling into a another years-long quagmire in the Middle East. The US administration, including Treasury Secretary Scott Bessent, has appeared to back the Iran-Oman deal for the opening of the Strait, with President Trump and his officials having...

Israel is attacking the Lebanese capital city of Beirut this evening after Hezbollah reportedly took credit for rocket fire against the Israeli city of Haifa. Israeli warplanes have also hit multiple other sites across southern and eastern Lebanon today, including the Bekaa Valley and the Nabatieh District. Details about the extent of the damage in […]

First Loaded Crude Supertanker Clears Hormuz Without Using Larak Channel Summary:  Idemitsu Maru did not use Larak Channel Loaded Idemitsu Maru crude supertanker exited Hormuz this afternoon, marking the first such crude transit since the conflict began. Loaded Mubaraz LNG tanker exited Hormuz earlier this month, also marking the first such LNG transit since the conflict began. Polymarket  First Crude Supertanker Exits Hormuz Following the Mubaraz LNG tanker's exit from the Hormuz chokepoint in recent weeks, the first such transit since the conflict began, new ship-tracking data from Bloomberg late Tuesday afternoon show that the first...