S&P Set To Open At Record High As Oil Slides, Bond Rout Takes A Breather

Hormuz Ship Traffic Edges Higher, But Kpler Warns Gulf Crude Exports Remain Impaired Shipping traffic through the Strait of Hormuz slightly increased as US-Iran negotiations remained ongoing in an effort to restore peace after the memorandum of understanding collapsed amid two weeks of tit-for-tat strikes, according to Pakistan's Foreign Ministry spokesperson Tahir Andrabi, who provided no further details. Still, the security situation in the Gulf deteriorated overnight after the US launched a new wave of strikes on Iran following attacks on US forces in Jordan. Additionally, reports emerged that a US-owned...

An Iranian official said that the IRGC would attack ships transiting the Strait of Hormuz without Tehran’s approval.  “Any failure to comply, deviation from the designated route, or disregard for the navigation protocols of the Islamic Republic of Iran in the Strait of Hormuz will be met with an immediate and forceful response from the […]

US Southern Command announced on Friday that its forces bombed a small boat in the Eastern Pacific Ocean a day earlier, as the US bombing campaign targeting alleged drug-running vessels in the waters of Latin America continues. As usual, SOUTHCOM offered no evidence to back up its claim that the boat was carrying drugs, something […]