Trump Walks Back Plan to Charge Tolls in Strait of Hormuz

Futures, Bonds Surge On Optimism War May End, Oil Tumbles Below $100 Futures and bonds jump and oil fell, sending Brent briefly below $100 a barrel, as the de-escalation/technical/macro led relief rally continues on hopes of the Middle East conflict reaching an end soon  after Donald Trump said he expects the war in Iran to end in two to three weeks, and indicated that it was possible that Iran could still reach a deal with the US during that timeframe. Trump has a national address tonight at 9pm ET to...

The Russian Defense Ministry said on Wednesday that its forces intercepted 502 Ukrainian drones over multiple Russian regions as the Ukrainian military continues launching massive US-backed drone swarms into the country. Much of Ukraine’s attack focused on Novorossiysk, a Russian Black Sea port city in the Krasnodar Oblast, where local Russian officials said at least […]

Senior members of the Israeli government joined a settler march at the border of Gaza on Sunday night, calling for the return of Jewish settlements to the besieged Palestinian territory. The march was organized by the Nachala Movement, a settler group that has called for the “conquest” of Gaza, the establishment of Jewish settlements, and […]