Hormuz Crisis Returns As Iran Targets Tankers, Threat Level Raised To "Severe"; How Will Trump Respond?

Kuwait reports that its airport suffered significant damage during an Iranian drone attack. Iran launched the attack shortly after the US targeted an Iranian ship.  “A number of hostile drones targeted today the passenger building (T1) at Kuwait International Airport, which resulted in significant material damage to the building and injuries to a number of […]

Iran Halts All Messages With US, Orders Opening Of New Fronts Citing 'Israeli Crimes'; Futures Slide As Oil Jumps Summary Oil jumps on Iran announcing halt to all exchanges with US, citing Israeli aggression in Lebanon. Iran overnight initiated fresh attacks on neighboring Kuwait and even released video showing footage of a ballistic missile launch. The US bombed radar & drone sites in Iran in response to the Iranians having shot down a US drone over the weekend. Reports of foreign jets over Iranian airspace. Iran negotiator Ghalibaf charges US with breaking the ceasefire: "the naval...

A $2.3 trillion contraction met with a $2.5 trillion injection.