Saudi Airstrikes Hit Girls’ School and Health Center in Yemen, Killing Five Civilians: Yemeni Media

US-Iran MOU Eases Energy Prices But Faces Sharp Pushback From Israel And GOP Hawks Summary: The US and Iran signed a preliminary cease-fire agreement at the G7 summit in France. Energy prices fell as some Saudi supertankers resumed crossing the Strait of Hormuz. The deal includes a $300 billion private reconstruction fund and temporary Iranian oil export waivers. Iranian officials declared themselves the clear winner. The agreement has opened significant new divisions within the Republican Party. Israel described the deal as a major strategic setback. US Vice President Vance will meet Iranian officials in Switzerland on Friday. Energy...

DRAMageddon Deepens As Samsung Prepares 20% Memory Price Hike There is no immediate price relief coming for cutting-edge memory chips, even as South Korea moves to double memory capacity. New fabs and expanded lines take time to build and then ramp production, meaning the supply response will lag demand. For now, DRAM inventories remain tight through year-end as data center buildouts accelerate, keeping producers like Samsung in control of the market, with more price hikes likely ahead. The memory-chip squeeze is not easing anytime soon. That is the clear takeaway from...

Israeli forces continued to carry out strikes across southern Lebanon on Thursday, shelling villages, destroying homes, and spraying the surrounding area with machine gun fire. The main attacks were reported, as usual of late, in Nabatieh and Tyre Districts, and other incidents were reported in Sidon and Bint Jbeil Districts. Airstrikes were reported in Mansouri […]