Iran Set To Emerge With More Hormuz Leverage Than Before The War Under Draft US-Oman Deal

Saudi airstrikes in Yemen’s northern al-Jawf province hit a market and a gas station on Wednesday, killing at least 14 civilians, according to the Health Ministry within the Ansar Allah-led Yemeni government. “We condemn in the strongest terms the crime that targeted civilians in Al-Jawf Governorate, which, according to the initial toll, resulted in the […]

Futures Slump, Ignoring Korean Euphoria, After Iran Rejects Trump Enriched Uranium Demands A steady rebound in US equities driven by peak insanity in Korea (where the two chip stocks that account for most of the market surged and sent the Kospi soaring more than 8% overnight) faded after a report that Iran’s Supreme Leader issued a directive that the country’s near-weapons-grade uranium must remain in the country, rejecting Trump's key ceasefire demand, while oil and bond yields jumped as traders waited in mounting futility to see whether hopes of a peace...

Europe Braces For A Winter Energy Crisis As Gas Reserves Run Low Authored by Felicity Bradstock via OilPrice, Europe faces another expensive winter as low gas reserves and Middle East disruptions drive up energy prices. Rising fuel costs threaten household budgets, industrial production, and employment across Europe. Increased U.S. LNG supplies could provide some relief, but continued geopolitical risks leave energy markets vulnerable. After months of elevated energy prices, Europe can expect fuel costs to continue rising through the winter months as demand grows. Ongoing energy trade constraints and threats to energy...