The Monumental Mistake Of Raising Rates In September

Qatar Masses Tanker Fleet With 2% Of Global LNG Shipping Capacity Ongoing tensions in the Gulf region pushed Brent crude futures back above $101 a barrel. Reports of Houthi attacks in Saudi Arabia, missile interceptions near Riyadh, and concerns about tanker attacks in the Strait of Hormuz have produced a lot of uncertainty about supplies ahead of the Northern Hemisphere winter. In recent weeks, crude flows through the Strait of Hormuz have increased, but only because of the US military presence in the critical waterway. Meanwhile, Trump administration officials have boasted...

Yemen said that Saudi Arabia bombed the airport in the capital city as a plane attempted to return from Iran. It is the second time this month that Sanaa reported Riyadh attempted to interfere with a plane returning to Yemen from Iran.  On Monday, officials from the ruling Ansar Allah party said that Saudi bombs […]

Iran Threatens To Reclose Strait, As US Military 'Ready' to Restart Blockade: 'Trump Will Certainly Lose' Summary Iran threatens to reclose the Strait of Hormuz and suspended final talks with the US. The US earlier revoked an Iranian oil waiver & now signals readiness to restore a maritime blockade. Trump said the ceasefire is over and warned of fresh US strikes on Iran, probably "tonight". Oil jumps above $80 as fears of renewed conflict & return to Hormuz Strait closure intensifies. Strait of Hormuz traffic returns to normal by August 31? Yes 19% · No 82%View...