Shipping Monitor: Just 6 Ships Transit the Strait of Hormuz on Sunday

Anduril Lands $20 Billion Pentagon Contract For "Modern Battlefield" Hardware Nine days after Axios reported that Palmer Luckey's Anduril was raising around $4 billion at a $60 billion valuation led by a16z and Thrive Capital, Luckey landed a major enterprise contract with the US Army worth up to $20 billion over 10 years.  Photo: Kyle Grillot/Bloomberg via Getty Images Announced on Friday, the deal features a five-year base period with an option to extend for another five years - and includes over 120 separate procurement actions into a single agreement which covers the full range of...

President Trump on Thursday threatened Iran with a third straight night of bombing and said that the US would eventually be “taking” Iran’s Kharg Island, an island deep in the Persian Gulf that serves as a major oil export hub. “The United States will be hitting Iran (Whose Navy, Air Force, Radar, Anti Aircraft, and […]

The Persian Gulf is the jugular vein of global oil supply. Roughly one-fifth of all oil traded on earth transits the Strait of Hormuz. Since the war picked back up on February 28th, data reported to Goldman Sachs show an estimated hit to Persian Gulf oil exports that has since reached approximately 16% of global […]