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Hormuz Shock "Manifesting Itself In Cracks, Not Crude," Jefferies Says
Hormuz Shock "Manifesting Itself In Cracks, Not Crude," Jefferies Says
Brent crude futures held near recent highs of $90 a barrel before fading to around $87 early Thursday morning, as traders awaited progress toward reopening the Strait of Hormuz. Stalled US-Iran negotiations and tightening global fuel supplies continued to support prices and concern some top energy experts, who warn of a looming supply shock.
US-Iran talks remain deadlocked to end the week as the Trump administration maintains its blockade of Iranian ports and Tehran demands compensation for war-related damage. Pakistan, which...
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Mar 24, 2026 / Tyler Durden
Futures Drop As Oil, Yields Rise On Relentless War Headline Ping-Pong
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...
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Aug 27, 2026 / Tyler Durden
Trump Complained About Big Oil Profits, But Dumped Exxon Stock On Ceasefire Day
Trump Complained About Big Oil Profits, But Dumped Exxon Stock On Ceasefire Day
By Charles Kennedy of OilPrice.com,
President Donald Trump’s investment accounts sold between $500,000 and $1 million of ExxonMobil stock on April 7, the same day Trump announced a ceasefire in the Iran war and hours before Exxon shares opened 6.5% lower, according to financial disclosures reviewed by CBS News.
Exxon closed at $163.91 on April 7 before Trump announced the ceasefire that evening and opened at $153.52 the following morning. The transaction was one of hundreds of thousands of...
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Oct 8, 2026 / Tyler Durden
Gun Jams, Knife Comes Out: One Dead After Bizarre Courthouse Shooting In Nashville
Gun Jams, Knife Comes Out: One Dead After Bizarre Courthouse Shooting In Nashville
A man armed with a pistol was shot and killed by a security officer at the Fred D. Thompson Federal Building and Courthouse in Nashville on Thursday morning, WSMV reported, citing Metro Nashville police.
Police said the man tried to fire his gun at the courthouse security checkpoint but failed, then pulled out a knife and was shot by the security officer. He was taken to Vanderbilt University Medical Center, where he died. A police spokesperson said it...
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