Suspected US Drone Strike Kills Alleged al-Qaeda Member in Southeast Yemen

Trump Insists Iran Caved On Nuclear Inspections, As Tehran Touts US To Unfreeze $12BN Summary Conflicting Claims Remain: Washington and Tehran continue to dispute whether Iran agreed to extensive IAEA nuclear inspections and the terms of sanctions relief. $12 Billion Asset Release: Iran says $12 billion in frozen assets will be released initially, with total relief potentially reaching $50 billion if a final deal is reached. Battle Over Fund Control: The US says released funds would be restricted to humanitarian purchases, while Iran insists it will decide how to use its own money. Oil...

Dear Truck Owners: Secure Your Tailgates First, thieves were cutting catalytic converters off petrol-powered vehicles because of the valuable platinum, palladium, and rhodium inside the exhaust systems, which convert toxic engine gases into safer emissions. Now, it appears thieves are targeting trucks in one part of the country, not for precious metals, but for entire tailgates. CBS affiliate KHOU 11, which serves Houston, Texas, recently reported on a vehicle-parts theft ring targeting trucks for their tailgates. The outlet interviewed a Texas truck owner whose tailgate had been stolen. While searching Facebook...

Key Aluminum Spread In London Hits Biggest Backwardation Since 2007 Aluminum futures in London surged to a four-year high on Monday as President Trump's Strait of Hormuz blockade, set to take effect this morning, threatened to deepen supply chain disruptions across the Gulf region. On top of that, the Gulf's largest aluminum producer declared force majeure on parts of its contract book over the weekend. Aluminum climbed 1.4% to $3,547 per ton on the London Metal Exchange as traders priced in increased shipment disruption risk ahead of President Trump's Hormuz blockade,...