NATO's 'Collective Defense' Rhetoric Escalates Amid Now Weekly Aerial Incursions

US Central Command announced on Thursday that the US military was lifting its blockade of Iranian ports in line with the Memorandum of Understanding signed by President Trump and Iranian President Masoud Pezeshkian to bring an end to the conflict between the two nations. “Today, US forces lifted the blockade on all maritime traffic entering […]

JPMorgan Sued Over Alleged Role In $328M Crypto Ponzi Scheme Authored by Helen Partz via CoinTelegraph.com, JPMorgan is facing a lawsuit for allegedly enabling a $328 million crypto Ponzi scheme run by now-defunct Goliath Ventures. Investors on Tuesday filed a proposed class action in the US District Court for the Northern District of California, accusing JPMorgan of ignoring suspicious transactions and allowing Goliath to use its infrastructure to collect investor funds. A separate federal criminal complaint against Goliath CEO Christopher Delgado, however, says investor funds also flowed through a Bank of America account and directly into Coinbase...

Goldman Sachs Warns Oil Inventory Rebuild Won’t Prevent 2027 Supply Glut The global race to rebuild depleted oil inventories will not be enough to offset a massive glut that’s coming to the market next year, as traffic through the Strait of Hormuz appears to be headed toward normalization, according to Goldman Sachs commodity strategists.   First, arguing the bullish side, stockpiles of crude and refined petroleum products in many parts of the world have been depleted to multi-decade lows after governments raced to release strategic stockpiles in March after the Middle...