IRGC Announces Attack On Another Tanker In Hormuz, As Trump Mulls 'Annihilate Them Or Not' Decision

Putin To Escalate Ukraine War In Wake Of CIA Chief's Visit, Report Speculates Update1505ET: In the wake of yesterday's unusual visit by the Director of the CIA to Moscow for mystery 2-hour talks, Bloomberg says that President Putin is preparing for a major escalate against Ukraine: Russia is preparing to escalate attacks on Ukraine after concluding that negotiations for a peace deal have reached a dead end, according to three people close to the Kremlin. For now, Russia is weighing an intensification of powerful conventional ballistic missile attacks on Kyiv, including the...

Citi Expects Oil To Sink To $60 As Hormuz Traffic Normalizes Brent Crude prices could plunge to as low as $60 per barrel by the end of the year, according to the latest note from Citi's commodity research team which expects flows through the Strait of Hormuz to soon normalize and the US and Iran to reach a deal in the coming months. "Fundamentals are rapidly reasserting themselves as Hormuz disruptions fade, with Brent back to the low $70s/bbl. While the US-Iran process remains fragile and disputes over Hormuz administration and...

Eyal Zamir, the chief of staff of the Israeli military, visited IDF-occupied Gaza on Wednesday and vowed that Israeli troops would continue “operating proactively” as Israeli shelling and gunfire were reported across the Strip. “We have significantly weakened [Hamas] and changed the security reality,” Zamir said, according to The Times of Israel. “The IDF will […]