Article
Trump Ready For 'Strong Military Action' If Talks Fail, With Saudi Aramco Under Houthi Fire
Trump Ready For 'Strong Military Action' If Talks Fail, With Saudi Aramco Under Houthi Fire
Summary
Trump pauses strikes: Trump said the US paused attacks to give diplomacy a chance but warned military action will resume if talks fail.
Iran denies that it pushed for talks: Tehran denied any direct negotiations with Washington, while saying its response remains "attack for attack."
Saudi Aramco targeted: Houthis claimed fresh strikes on Saudi Aramco facilities, with reports of fires at the critical Abqaiq oil processing complex.
Fragile pause holds two days: The US-Iran military pause entered a second day as mediators...
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Sep 18, 2026 / Tyler Durden
Treasury Sanctions Crypto Exchange Behind Iran's Bitcoin Tolls On Hormuz Ships
Treasury Sanctions Crypto Exchange Behind Iran's Bitcoin Tolls On Hormuz Ships
Via Decrypt.co,
The U.S. Treasury has sanctioned BitBank, naming the Iranian exchange it says carried the Bitcoin that shipping companies paid for safe passage through the Strait of Hormuz.
Since June, the Office of Foreign Assets Control said, the Hormuz Safe Marine Services Authority has used BitBank to pass the payments it collects on to the Iranian regime. That authority was the body charging vessels in Bitcoin for transit rights, a scheme Treasury designated in July.
Today, as part of Operation Economic...
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Sep 15, 2026 / Tyler Durden
Senate Blocks Clarity Act As Cloture Falls Short Of 60 Votes
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The Senate on Tuesday failed to advance the Digital Asset Market Clarity Act, falling short of the 60 votes needed to invoke cloture on the motion to proceed to H.R. 3633. The vote, held at about 2:15 p.m. ET, was the first floor test of comprehensive crypto market-structure legislation in the chamber. It was not a vote on final passage. It was a vote on whether debate could even begin. The answer was no, with 50 no votes and...
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Apr 30, 2026 / Tyler Durden
Core PCE Rises Most In 3 Years; Savings Rate Tumbles As Spending Far Outpaces Income
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The Fed's favorite inflation indicator - Core PCE - rose 0.3% MoM in January (as expected), a dip from the 0.4% sequential increase in February, with YoY rising by 3.2% (also as expected), slightly higher than the 3.0% in Feb. That is the highest annual increase in Core PCE since Nov 2023.
The headline PCE jumped notably more, as expected since it includes non-core items like energy and food, rising 0.7% MoM (as expected) driving prices up...
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