On The War For The Soul Of Our Nation...

72 Ships Transited Hormuz In A Day: US Energy Secretary Says 'Taking Away' Iran's Key Leverage WTI futures briefly fell below $70 a barrel for the first time since the US-Iran conflict erupted, as tanker flows through the Strait of Hormuz are showing further signs of normalization and physical market tightness continues to ease. Bloomberg noted that option markets are positioning for ongoing normalization. Put volume is exceeding calls, with some of the heaviest trading in August and September expiries between $60 and $68. The September $60 strike put is one...

An Israeli strike hit a vehicle in Gaza City on Thursday, killing at least one Palestinian, as the IDF continues its constant violations of the US-backed ceasefire deal. The Palestinian news agency WAFA reported that the car was hit south of Gaza City and the victim’s body was transferred by relatives to another vehicle, which […]

US Southern Command announced on Friday that its forces bombed a small boat in the Eastern Pacific Ocean a day earlier, as the US bombing campaign targeting alleged drug-running vessels in the waters of Latin America continues. As usual, SOUTHCOM offered no evidence to back up its claim that the boat was carrying drugs, something […]