MbS Begs Trump For Bigger Anti-Houthi Intervention, As Over 100 US Advisers On Ground

"Everything About This Market Is Wild": European Diesel Futs Top $200 As Global Scramble Accelerates The global tug-of-war for fuel looks set to accelerate, with traders scrambling to secure supplies even more aggressively after President Trump showed no signs of an end to hostilities (and a reopening of the Strait) any time soon. The longer the Strait of Hormuz remains closed, the more intense the competition is likely to become. Traders have warned that Europe is at risk of diesel shortages in the coming weeks. “Everything about this market is wild,” said Philip...

"Just Another Dip Investors Will Buy": Futures Drop, Oil Rises On Renewed Iran Tension US futures whipsawed and crude oil spiked higher as tensions flared up again in the Middle East, taking the focus off a run of strong earnings by megacap tech companies. As of 8:00am ET, S&P and Nasdaq 100 futures dropped 0.2% from Friday's record highs, falling as much as 0.5% just minutes earlier after Iran’s Fars agency claimed two missiles hit an American patrol boat, before erasing most of the declines after the US denied a...

China Confirms Boeing Jet Deal, Agrees To Cut Select Levies & Expand Agri Trade Summary:  China, U.S. Agree To Cut Levies On Select Products, Expand Agricultural Trade China, U.S. Reach Boeing Jet Purchase Agreement U.S. And China Agree To Establish Trade And Investment Boards Trump-Xi Summit Delivers Modest Trade Wins China Responds With Agreements To Purchase Jets, Cut Levies, Expand Trade  One day after President Trump left Beijing, following his multi-day summit with Chinese President Xi Jinping, China's Commerce Ministry released new details about agreements it had reached to purchaseU.S.. planes and farm...