WTI Tops $101 As Strategic Petroleum Reserve Nears Record Low

Trump Red Line: No Sanctions Relief Unless Iran Gives Up Uranium; US Rejects 'Fabricated' Peace Framework By Iranian Side Summary Trump red line (PBS): "No, no, not at all. Not sanctions relief, no" - unless Iran gives up its enriched uranium. "Iran negotiating on fumes," Trump says in cabinet meeting. White House rejects 'complete fabrication' of Iranian TV reporting on MOU and draft deal status. IRGC keeping up the rhetoric: warns that Iran would "turn the area from Chabahar to Mahshahr into a graveyard for aggressors" if the ceasefire collapses. CENTCOM: "Clearly the Iranians are...

Dozens Of Nations Scramble For World Bank Financing Amid Iran War Global Shock Via The Cradle Twenty-seven countries have moved to activate emergency World Bank financing mechanisms since the US-Israeli war on Iran began in late February, Reuters reported Friday. Three nations have already received approval for fast-tracked funding, while the other 24 are in the process of completing administrative procedures.  Kenya and Iraq have publicly confirmed they are seeking emergency World Bank assistance, with Nairobi facing surging domestic fuel prices and Baghdad grappling with severely diminished oil revenues due to disruptions in maritime exports. Getty...