Oil Slides As Qatar Floats New Iran Deal, Bessent Promises Hormuz Breakthrough: 'May Have Deal Tomorrow'

World Starts To "Build" Around Hormuz; Japan Buying UAE Oil Bypassing Strait As ADNOC To Spend $55 Billion On Pipelines Long after the Iran war is just a bookmark in the history books, one distinct consequence will persist: much of the world, at least the part that does not fall under the Chinese sphere of influence, will do everything it can to avoid the Strait of Hormuz and failing that, have a Plan B. Just like when the Biden admin weaponized the US Dollar in 2022 by booting Russia from...

Qatari LNG Tanker Abruptly U-Turns In Hormuz Chokepoint After Weekend Transit Breakthrough Day 72 of the U.S.-Iran conflict opened with yet another failed diplomatic off-ramp. Tehran on Sunday submitted a counterproposal to the Trump administration's plan to end the war, but President Trump swiftly rejected it as "totally unacceptable," pushing WTI crude futures roughly 3% higher to $98 a barrel as traders slightly repriced the war-risk premium higher for a prolonged Strait of Hormuz disruption. Tehran's counterproposal was a major focus over the weekend, but what caught our attention Saturday morning was...

Obamacare Enrollment Expected To Drop By Nearly Five Million As Costs Surge Via American Greatness, Enrollment in the Affordable Care Act marketplace is projected to fall by nearly 5 million people this year as rising premiums and higher deductibles force many Americans to reconsider whether they can still afford health insurance coverage, according to a new analysis from healthcare nonprofit KFF. The report estimates ACA enrollment could decline from 22.3 million participants in 2025 to roughly 17.5 million this year, representing a drop of more than 20 percent. At the same time, Americans who remain enrolled are paying substantially more...