Shareholders Sue New York Times Over 'Biased' Israel Coverage

Ayatollah Mojtaba Khamenei, who replaced his slain father as the new supreme leader of Iran, issued his first statement on Thursday, where he said the Strait of Hormuz would remain closed and vowed Iranian attacks on US bases in the region would continue. “Certainly, the leverage of blocking the Strait of Hormuz must also continue […]

Netanyahu Left 'Personally Stunned' By Trump Rhetoric Prohibiting Lebanon Strikes Israeli Prime Minister Benjamin Netanyahu and his inner circle were reportedly blindsided - left "stunned" - after President Trump dropped a surprise line effectively clipping Israel's wings in Lebanon, according to Axios, citing sources familiar with the exchange. On Friday, Trump declared the US had "prohibited" further Israeli strikes just as the administration-brokered 10-day ceasefire with Lebanon kicked in. The US President was unusually harsh in rhetoric with America's longtime #1 Mideast ally, writing on Truth Social that "enough is enough". AFP...

US SPR Falls Below 300 Million Operational Limit As Oil Drain Unexpectedly Surges To 6.1MM Barrels, Most In 2 Months As negotiations between the US and Iran to reopen the Strait of Hormuz go nowhere, oil prices continue to slide lower on some naive hope that a resolution to the conflict will magically emerge. Meanwhile, both commercial and strategic stocks continue to be drained at a historic pace, and one day virtually every tank bottom will be hit, sparking a historic surge in commodity prices as the market realizes that...