Oil Extends Decline As Rubio Rules Out New Strikes, Iran-Oman Transit Deal Nears Finalization

Huge Provocation: Russia-Installed Official In Ukraine Hosts Talks With North Korean Envoy Both Kiev and Washington have been met with a new provocation related to North Korea's role in supporting Russia during the over four-year long Ukraine war, at a moment Russia continues to claim sovereignty over Donetsk, Kherson, Luhansk and Zaporizhzhia oblasts. Ukraine and its Western backers have vehemently rejected Russia's hold on Ukrainian territory, and efforts to annex and politically normalize the occupation. But now, for the first time a Russian-installed official in Kherson is hosting North Korean diplomats in...

Key Events This Week: PMIs, Productivity And Consumer Sentiment As has become customary for Monday, we have seen a dramatic surge in risk assets (3rd Monday in a row) on what at least superficially appears to be de-escalation after Trump announced strikes against Iran's power plant would be delayed by 5 days as a result of talks with Iran, talks which at least Iran's domestic news sources have so far denied. And the market lurches from headline to headline, it feels somewhat trivial to focus on the week ahead data calendar,...

The Trump administration is considering a plan to “punish” NATO countries that the president has deemed “unhelpful” to the US-Israeli war effort against Iran, The Wall Street Journal reported on Wednesday. The potential plan would involve withdrawing US troops from those NATO countries and placing them in the territory of other allies that the administration […]