Oil Jumps, Futures Drop On Fresh Iran Strikes, Hormuz Confusion

Iraq’s Popular Mobilization Forces (PMF) said Monday that six of its fighters were killed by a “Zionist bombing” near the border with Syria as fighting in Iraq amid the US-Israeli war against Iran continues to rage. The PMF, a coalition of mainly Shia militias that was formed in 2014 to fight ISIS and is part […]

DeSantis Rolls Out Redistricting Map - Partisan Framing May Put It In Legal Peril Florida Gov. Ron DeSantis rolled out a proposed redistricting map for the state this week, but the way he did it could give ammunition to lawyers mounting inevitable legal challenges that will follow the map's expected approval by the legislature, both Democratic and Republican observers say. Some Republican legislators are uneasy with DeSantis' rollout of the plan -- which he shared with Fox News before he shared it with them.  Today, Republicans hold 20 of Florida's US...

Iran Mulls Allowing Tankers Through Strait Of Hormuz If Trade Conducted In Yuan Via The Cradle Iran is considering allowing a "limited number" of oil tankers to pass through the Strait of Hormuz on the condition that the oil cargo is traded in Chinese yuan, CNN has reported. A senior Iranian official told the US news outlet that Tehran is working on a new plan to manage tanker traffic through the strategic waterway on Iran’s southern coast. via Associated Press Iran has effectively sealed off the strait, allowing only its own and Chinese ships to...