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Two Greek Oil Tankers Attacked In Hormuz, Bahrain Pummeled, As Mediators Push 10-Day Ceasefire
Two Greek Oil Tankers Attacked In Hormuz, Bahrain Pummeled, As Mediators Push 10-Day Ceasefire
Summary
Fresh Strait of Hormuz attacks: Two Greek-owned tankers were hit, further escalating threats to shipping.
War keeps widening: US airstrikes continue as Iran retaliates with regional attacks, including on Bahrain.
Casualties rise: Deaths mounting on both sides of the conflict - especially after Iranian attacks on Jordan airbase.
Desperate ceasefire efforts: Mediators are proposing a 10-day ceasefire and renewed US-Iran talks.
Houthis escalate: Announce a maritime embargo on Saudi shipping, expanding regional tensions.
Will the U.S. invade Iran before 2027?
Yes 26%...
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WTI Tops $101 As Strategic Petroleum Reserve Nears Record Low
Following Brent's lead (which is following Shanghai's demand push), WTI topped $100 this morning for the first time since May, fueled by festering Middle East hostilities (with Saudi-Houthi attacks stealing the headlines) and the Saudis latest statement showing crude output at a 36-year low.
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