Futures Rise As Oil, Yields Drop On Iran Diplomacy Hopes

Watch: Ukraine, Iran Tensions Run High In Rare Rubio-Lavrov Meeting A US delegation headed by Secretary of State Marco Rubio is holding three day closed-door talks with Russia on the sidelines of an annual gathering by foreign ministers of the Association of Southeast Asian Nations (ASEAN) in Manila. The high point came in a rare direct Rubio-Lavrav meeting, where the US top diplomat said Russia should have the incentive to end a "very blood war" that has devastated both sides. Rubio admitted that so far there's been an "unsuccessful or at least unfruitful"...

Trump Crosses Iran's 'Red Line' By Heavy Bombing Of Kharg Island, Endangering Energy Assets Across Region In what could prove to be a major step up the escalation ladder in the two-week-old US-Israeli war on Iran, President Trump on Friday evening (notably after US market closure) announced that US Central Command had carried out a major bombing raid on Kharg Island, which handles upwards of 90% of Iran's crude oil exports. Importantly, Iran has previously warned that an attack on the island would cross a red line, and precipitate Iranian...

Putin Urges Immediate Yemen Ceasefire In Call With Saudi Crown Prince Russian President Vladimir Putin held a Monday telephone conversation with Saudi Crown Prince Mohammed bin Salman (who is also the prime minister) - wherein the two leaders focused on broad bilateral issues. Referring to the "Saudi National Day", a TASS readout indicates "The Russian leader congratulated the Saudi Crown Prince on the upcoming national holiday - the day marking the founding of Saudi Arabia - noting that a century ago, the Soviet Union was the first foreign nation to recognize...