US Strike on Home in Iran’s Qeshm Kills Father, Mother, and Their Two-Year-Old Child: Iranian Media

Rickards: Investing In A World In Turmoil Authored by James Rickards via DailyReckoning.com, To say that the world is in turmoil to an extent not seen since the 1960s is an understatement. The war in Ukraine is now in its fifth year. The war in Iran continues with no end in sight, despite Trump’s optimistic talk. NATO may be nearing the break-up stage as Trump pulls U.S. troops out of Germany. Energy prices are soaring, inflation has accelerated sharply again, consumer confidence has fallen sharply, debt is at an all-time high and supply...

Ukraine Suspends Attacks On Tankers Using Russian Black Sea Port, At Vance's Urging At the urging of Vice President JD Vance, Ukraine has suspended attacks on oil tankers using the Russian port of Novorossiysk, which sits on the Black Sea. The request was made in late July, but first reported today by the Financial Times, citing Ukrainian officials.  Vance's plea sprang from the Trump administration's worries that Ukraine's attacks were creating dangerous instability in global fuel markets. There were also concerns that strikes on vessels transporting Kazakhstan crude oil to the...

Two Empty Qatari LNG Tankers Head Toward Gulf After Weekend Hormuz Transit Breakthrough Bloomberg ship-tracking specialist Stephen Stapczynski has identified two empty Qatari LNG tankers, Al Gattara and Fraiha, transiting north toward the Gulf area after idling near Mauritius. This movement comes just days after a Qatari LNG carrier successfully transited the Strait of Hormuz, suggesting that Doha may be engaged in backchannel discussions with Tehran about a gradual normalization of LNG flows through the maritime chokepoint. Al Gattara and Fraiha could be returning to Qatar to load LNG cargoes. If confirmed,...