Iranian Military Says US Strikes Killed Eight Iranian Soldiers

In the 1930s, during the formation of Saudi Arabia, three provinces were taken from Yemen. The Yemeni have always wanted them back. They are now in a position where they may eventually achieve that aim. The western parts of Yemen are unlike the deserts of Saudi Arabia. The area is mountainous and gets a decent […]

Futures Slide Ahead Of Massive $5.7 Trillion OpEx As Iran War Shows No Signs Of Easing Futures are weaker heading into the weekend after US equities finished lower yesterday despite Netanyahu headlines leading to a late day bounceback into EOD. Geopolitical headlines remain the focus overnight with Brent rising as much as 90bps before reversing, as Iran pressed ahead with hitting energy assets & headlines that the US is considering plans to occupy Iran’s Kharg Island to press for the reopening of the Strait of Hormuz. As of 8:15am, S&P 500...

Bessent Unloads On Iran Leadership 'Rats,' Lists 5 Pressure Points As US Blockade Means Clock Is Ticking Summary US Treasury goes after Hormuz payment fees, sanctioning  three Iranian foreign currency exchange houses. Bessent issues pressure points against Iranian 'rats'. White House officials argue the current absence of fighting between Iranian & US forces means the 60-day timeline for Congressional approval (or US forces must leave) doesn't apply due to the ceasefire. Trump on Friday rejects Iran's latest revised proposal to Pakistan mediators. Nuclear issue not included: a non-starter, and focus is on ending the...