Israeli Troops Kill Civilian in Southeastern Lebanon

Scammers Demand Crypto From Stranded Ships In Strait Of Hormuz: Report Authored by Amin Haqshanas via CoinTelegraph.com, Fraudulent actors posing as Iranian authorities have reportedly sent messages to shipping companies whose vessels remain stranded west of the Strait of Hormuz, demanding payment in cryptocurrency for safe passage. On Monday, maritime risk company Marisks issued a warning saying unknown groups had contacted shipowners claiming to represent Iranian security services and requesting transit “fees” in Bitcoin or USDt in exchange for clearance through the strait, according to Reuters. “These specific messages are a scam,” Marisks reportedly said,...

Gap Soars On Old Navy CEO Shake-Up As Jefferies Sees "New Catalyst" For Stock Shares of major U.S. clothing retailer Gap, whose brands include Old Navy, Banana Republic and others, jumped the most in 16 months in premarket trading after the company reported stronger-than-expected profit and upgraded its earnings outlook. The company also named retail veteran Michael Francis as Old Navy's next CEO. Francis spent 26 years at Target, where he helped engineer the retailer's "cheap chic" strategy, before advising Walmart on its marketing operations. He joined Old Navy in March...

Gas Prices Nearing Levels That Could Push Trump Towards Iran Talks, Says JPM Commodities Expert One of the main macro drivers this week remains the Gulf energy shock, as chokepoints from the Strait of Hormuz to Bab el-Mandeb are disrupted. Turmoil in the Black Sea between Russia and Ukraine is also sending chills through commodities desks. Related energy coverage: RBC Commodities Chief Warns "War Entering Dangerous Phase" As Chokepoint Chaos Risks Oil Above 2008 Peak Brent crude is back above $100 a barrel, while WTI has reached $92, pushing Treasury yields higher,...