Saudi Airstrikes Hit Yemen After Ansar Allah Attack on Riyadh

Houthis Declare "Total Ban" On Israeli Ships As Dual Chokepoint Crisis Stokes Supply Chain Nightmare Brent crude futures jumped as much as 5% to $97.83 a barrel, while WTI traded around $95 a barrel, as renewed Iran-Israel fighting threatened to unravel a fragile US-Iran ceasefire and further disrupt energy flows. On the maritime chokepoint front, Iran-backed Houthis declared a full ban on Israeli vessels in the southern Red Sea, warning that any Israeli ship (or linked ship) will be seen as a military target. "First: We declare a complete and total...

Key Events This Week: CPI, PPI, Retail Sales, Trump-Xi Summit As DB's Jim Reid tallies overnight, it has now been 73 days since the war in Iran began, with the past 32 marked by a stalemate characterized by a mix of truce and ongoing ceasefire. The absence of any meaningful kinetic activity for over a month suggests a firm US preference for reaching a deal. However, a counterpoint is that uncertainty over who holds negotiating authority in Iran may be complicating progress and delaying more difficult times ahead. It remains...

Houston-Area Birth Tourism Center Shut Down In Legal Action Authored by Kimberly Hayek via The Epoch Times, A birth tourism operation in the Houston area has agreed to close in a settlement, Texas Attorney General Ken Paxton announced on Friday. An advertisement for a Houston-area “birth tourism” operation known as De’Ai Postpartum Care Center. The Texas attorney general filed a lawsuit against the center, claiming it has operated an unlawful “birth tourism” business. Courtesy of the state of Texas Attorney General's OfficeThe center "unlawfully facilitated over 1,000 births to foreign Chinese nationals,"...