If Dems Win The House: Data Centers, Nuclear, Venezuela Oil Deal Likely Targets

72 Ships Transited Hormuz In A Day: US Energy Secretary Says 'Taking Away' Iran's Key Leverage WTI futures briefly fell below $70 a barrel for the first time since the US-Iran conflict erupted, as tanker flows through the Strait of Hormuz are showing further signs of normalization and physical market tightness continues to ease. Bloomberg noted that option markets are positioning for ongoing normalization. Put volume is exceeding calls, with some of the heaviest trading in August and September expiries between $60 and $68. The September $60 strike put is one...

President Donald Trump’s envoy, Steve Witkoff, and son-in-law, Jared Kushner, traveled to Moscow and Kiev for meetings on ending the war in Ukraine.  On Saturday, Russian President Vladimir Putin held three hours of talks with Kushner and Witkoff. Yuri Ushakov, an aide in the Kremlin, described the talks as “highly useful,” adding that the American […]

Last Monday the Central Intelligence Agency (CIA) Director (DCI) John Ratcliffe and his retinue boarded a US Air Force C-17 Globemaster transport plane at Joint Base Andrews airfield in Maryland, stopped presumably to refuel at the Riga airport in NATO member Latvia, and then flew on to land at Vnukovo International Airport, one of the […]