Hormuz Traffic Sank To Just Six Vessels Monday

US Central Command on Monday took credit for attacks on Iran after Iranian media reported explosions in the southern port city of Bandar Abbas on the Strait of Hormuz. In a statement to CNN, CENTCOM spokesman Timothy Hawkins framed the attack on Iran as “self-defense” even though the strikes come as the US is enforcing […]

Ukraine Intensifies Attacks On Russian Tankers In The Black Sea By Charles Kennedy of OilPrice.com After striking 116 vessels linked to Russia’s shadow fleet in the Sea of Azov in recent weeks, Ukraine’s military is turning its sights on ships in the Black Sea, hitting in drone attacks as many as 20 vessels overnight on Wednesday. Ukrainian forces struck 17 Russia-linked oil tankers, 2 gas carriers, and one tugboat early on July 15, drone unit commander Robert Brovdi said on Telegram today, adding that an official report with video evidence would follow...

Strong 30Y Bond Auction Stops Through For First Time Since March On the heels of yesterday's stellar 10Y auction, this afternoon saw an even more stellar-er 30Y auction with the US government selling $22 billion bonds at 5.058%, the highest result since 2007, vs a 5.061% when-issued yield at the 1 p.m. New York time bidding deadline. That is the first stop-through (0.3bps) since March (after three ugly tails - June's reopen was the weakest since July 2024)... The 2.44 bid-to-cover ratio compares well with the 2.39 average for the past six reopenings Dealer:...