US Military Publishes Video of US Drone Boats Bombing Iranian Port of Bandar Abbas

Think "Weekends" Rather Than "Weeks" By Elwin de Groot, head of macro strategy  As another volatile week comes to an end, investors and market participants appear to be clinging to the hope that the two‑week ceasefire between the United States and Iran, which began on Wednesday, will not unravel entirely – at least until a direct, face‑to‑face exchange and clarification of key demands can take place during the planned talks in Islamabad this weekend. Near‑dated Brent crude edged up by $2 to $97, equity markets posted modest declines in Europe, whilst...

Unexploded Ordinance Accident Kills 14 IRGC Members: State Media Trump's operation Epic Fury saw a combined number of US-Israeli strikes in the many thousands unleashed on Iran. The common high estimates suggest over 13,000 strikes by the American side, and possibly 10,000 by the Israelis - which are staggering figures. While the severe damage to Iranian cities, bases, missile sites, and infrastructure has been abundantly clear - the hidden reality is the apparently persistent danger of unexploded ordinance still littering the country. On Friday state media reported a mass casualty event...

Why Diesel Prices Are So Much Higher Than Gasoline Authored by Robert Rapier via OilPrice.com, Diesel has generally cost more than gasoline since 2004 due to higher production costs, taxes, and global demand. Global refinery disruptions, export restrictions, and low inventories have widened the diesel price premium in 2026. Strong US crude production and refinery output cannot fully offset global diesel supply shortages. There was a time when diesel fuel was usually cheaper than gasoline in the United States. That relationship began to change about 20 years ago, and since then diesel has generally...