Ukrainian Drones Launched 750-Miles Deep Into Central Russia Kill 13

Futures Drop As Oil, Yields Rise On Relentless War Headline Ping-Pong Futures are lower but well off session lows, as overnight headlines induced another bout of aggressive choppiness: those headlines include strikes on Iranian gas facilities, Saudi and UAE considering entering the war, Iranian lawmaker ruling out US negotiations, and then reports of Iran / Egypt discussions on the region pointing toward mediation.As of 8:00am ET, S&P futures were down 0.2%, but moves are staggered jittery and extremely illiquid, and swung earlier between gains and losses. Nasdaq futures are down...

The New York Times reported on Tuesday that Iran and Oman are moving forward with a plan for the Strait of Hormuz that would involve collecting fees for ships transiting the waterway, despite the US expressing vehement opposition to the idea. Sources told the paper that Oman recently delivered a formal proposal to the US […]

Trump Blinks Again, Unilaterally Extends Iran Ceasefire After Pakistan Talks Fail To Launch Summary Trump unilaterally extends ceasefire after Vance calls off trip to Pakistan - says Iranian port blockade to remain in place. Tasnim says Iran's 'final decision' is to not attend talks. Trump warns: 'Expect...bombs' & urges Tehran "release women" said to be on death row. Overnight, US forces conducted a right-of-visit, maritime interdiction and boarding of the stateless sanctioned M/T Tifani in Indo-Pac region: CENTCOM As just 12 ships have gone through Hormuz Strait in last 24 hours, Iran claims one...