Iranian Anti-Ship Cruise Missile Causes Injuries to Eight Marines

Vance Calls Off Pakistan Trip, Iran Delegation Confirms No-Show, With Hours Till Ceasefire Collapse Summary Vance calls off trip to Pakistan after Iran demanded US lift blockade of ports. Tasnim says Iran's 'final decision' is to not attend talks. Trump warns: 'Expect...bombs' & urges Tehran "release women" said to be on death row. Overnight, US forces conducted a right-of-visit, maritime interdiction and boarding of the stateless sanctioned M/T Tifani in Indo-Pac region: CENTCOM As just 12 ships have gone through Hormuz Strait in last 24 hours, Iran claims one of its own made it past...

Is The Iran War Good For The Petrodollar? Diana Choyleva wrote an excellent editorial for the Wall Street Journal entitled “The Iran War Is A Boon For The Petrodollar.” She pushes back against claims that the Iran conflict is accelerating the death of the petrodollar. Instead, RealInvestmentAdvice.com points out that she argues the opposite: between Iran and Venezuela, the U.S. is defending and bolstering dollar dominance in the oil trade. The 75-year-old petrodollar system rests on oil being priced and traded in dollars, which keeps the dollar prominent in all global trade. China has...

NATO Chief Backs Renewed US Strikes On Iran As 'Absolutely Necessary'  Even if most individual NATO members are still reluctant to jump on board Trump's Iran war, NATO Secretary-General Mark Rutte is busy praising American military action there amid the annual summit in Ankara. Rutte has freshly described the overnight fresh US military strikes on Iran in response to Tehran attacking multiple international shipping vessels "absolutely necessary". Rutte voiced agreement with Trump that Iran's actions violated the MoU ceasefire agreement with the US, which required a response. Getty Images "When you have a ceasefire and Iran...