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Tehran Declares Hormuz Closed, But Ships Are Still Transiting
Tehran Declares Hormuz Closed, But Ships Are Still Transiting
The Strait of Hormuz’s southern shipping channel remained open Sunday morning despite a sharp escalation in tit-for-tat attacks, with the US launching a third round of airstrikes on Iran and Tehran retaliating against US-linked targets across Arab Gulf states.
"Commercial traffic through the Strait of Hormuz continued at reduced levels, with vessels transiting via both the southern Omani corridor and the northern Iranian-controlled route," the Joint Maritime Information Center wrote in a note early Sunday.
JMIC added, "Traffic patterns continued to reflect...
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Jul 20, 2026 / Tyler Durden
A 28 Item Grocery Order From Target That Cost $64.50 In 2020 Now Costs $158.30
A 28 Item Grocery Order From Target That Cost $64.50 In 2020 Now Costs $158.30
Authored by Michael Snyder via The Economic Collapse blog,
The cost of living has become absolutely suffocating for millions of Americans. For years, the bureaucrats in Washington have been feeding us numbers that show that the rate of inflation is low, but it is obvious to everyone that what they are telling us is simply not true. Many of the items that I regularly purchase at the grocery store have more than doubled in price over...
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Jul 16, 2026 / Tyler Durden
The Six Vectors Of Gold Remonetization Revealed
The Six Vectors Of Gold Remonetization Revealed
Authored by Ronnie Stoeferle via VonGreyerz.gold,
A look at monetary history reveals that the question of “sound money” was never purely academic in nature but has always been of central importance for economic stability and social order. The past five decades of the pure fiat experiment are, measured against 5,000 years of monetary history, a brief anomaly. And anomalies tend to be corrected.
Our thesis of a remonetization of gold may seem bold at first glance, which makes a clear conceptual framework all the more important. Those...
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Jul 5, 2026 / Dave DeCamp
Iran’s Ghalibaf Says Implementing US-Iran MoU ‘Difficult But Possible’
Iranian Parliament Speaker Mohammad Bagher Ghalibaf said on Sunday that implementing the US-Iran Memorandum of Understanding was “difficult but possible” as he continues to favor diplomacy with the US despite recent strikes and high tensions between Washington and Tehran. Ghalibaf made the comments during a meeting with senior Hamas official Mohammed Darwish on the sidelines […]
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