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Iran Shifts From Defensive To 'Fully Offensive' Posture, Denies Trump-IRGC Backchannel, Seizes UAE Ship
Iran Shifts From Defensive To 'Fully Offensive' Posture, Denies Trump-IRGC Backchannel, Seizes UAE Ship
Summary
Iran goes "fully offensive": Tehran threatens escalation if diplomacy fails, after last week's military command reshuffle.
MoU expires: Iran says the US-Iran agreement is effectively dead & "irrelevant".
Trump threatens Oman: Trump warns "we'll bomb the s**t out of them."
Backchannel denied: Tehran rejects Trump's claim of IRGC communications.
Strait of Hormuz traffic returns to normal by September 30?
Yes 12% · No 89%View full market & trade on Polymarket * * *
Oil Spikes as Hormuz Developments Continue from Bad to...
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Jun 23, 2026 / Tyler Durden
"This May Be Iran's First Misstep - And Proof Leverage Isn't Total"
"This May Be Iran's First Misstep - And Proof Leverage Isn't Total"
Brent and WTI futures extended declines on Tuesday morning as momentum continued toward an end to the US-Iran conflict. The latest signs of de-escalation include a U.S. waiver allowing some crude and fuel sales from Iran, while Tehran said $12 billion in frozen funds had been released as part of ongoing talks with U.S. negotiators.
Both sides have signaled progress so far this week, further eroding the war premium in crude markets as traders begin to price in...
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May 28, 2026 / Tyler Durden
Home Refi Activity Plummets As Mortgage Rates Hit 9-Month Highs
Home Refi Activity Plummets As Mortgage Rates Hit 9-Month Highs
Refinancing activity in the U.S. housing market plummeted last week as mortgage rates hit their highest level in nine months, new industry data released on May 27 show.
Refinancing decreased by 18 percent for the week ending May 22 and is up by 19 percent from the same time a year ago, according to the Mortgage Bankers Association.
“Many borrowers understandably backed away from refinancing last week,” Joel Kan, the firm’s vice president and deputy chief economist, said in a statement.
The decline...
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Apr 16, 2026 / Tyler Durden
CBP Says It Seized More Than 60 Pounds Of Cocaine From US Citizen At Border
CBP Says It Seized More Than 60 Pounds Of Cocaine From US Citizen At Border
Authored by Troy Myers via The Epoch Times,
U.S. Customs and Border Protection (CBP) officers at the U.S.–Mexico border prevented more than 60 pounds of cocaine from entering the country, allegedly smuggled by an American citizen—a “trusted traveler”—the agency exclusively told The Epoch Times on Wednesday.
At California’s San Ysidro Port of Entry, a 25-year-old man was arrested on April 7 for allegedly concealing more than $1.1 million of the illegal narcotics within his vehicle and now...
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