Hike Or Hold? Debating The Coming Fed Decision

President Trump told the Financial Times on Sunday that he wants to “take” Iran’s oil in an operation that could involve the US seizing and occupying Kharg Island, a major Iranian oil export hub deep inside the Persian Gulf. The US president said that his “preference would be to take the oil” and compared the […]

Trump Privately Told Zelensky To Act 'More Boldly' Toward Russia: Ukrainian Media While the globe's attention has been fixated on efforts to finally achieve US-Iran peace, based on negotiations in Switzerland, the Russia-Ukraine war has been quietly (or not so quietly) heating up, as evidenced in the increasingly brazen Ukrainian drone attacks on Moscow and Crimea. A slew of Ukrainian publications on Tuesday are reporting that this is in large part due to a White House greenlight to bring the war to Russian territory, in order to finally get significant concessions...

Brent Flirts With $110 Before Reversing As Wright Declares Pump Prices Have "Peaked" Brent crude futures briefly tagged $109.99 a barrel in overnight trading before retreating from five-month highs during the Asian session and into European trading, as signs of recovering Middle Eastern supply offset renewed attacks on energy infrastructure and critical maritime shipping lanes. US Energy Secretary Chris Wright reinforced expectations of easing fuel prices at the pump, with ABC News quoting him on Sunday as saying gasoline and diesel prices had "peaked." "Both gasoline and diesel prices peaked a...