Brent Tops $112 As Tanker Attacks And Saudi Strikes Fuel Escalation Fears

Iran said that the US must return to the conditions laid out by the Memorandum of Understanding (MOU) and will not extend the 60-day ceasefire.  On June 17, the US and Iran signed the MOU, which kicked off a 60-day ceasefire. Under the MOU, Iran agreed to allow traffic through the Strait of Hormuz while […]

Trump Floats Making Venezuela The 51st State First Canada, then Greenland… and now Venezuela? President Donald Trump said Monday he is seriously considering annexing the South American nation as the 51st U.S. state, citing the country’s vast oil reserves and what he described as strong local support for his leadership. In a telephone interview with Fox News anchor John Roberts, Trump mused that he is weighing the move for a nation that holds an estimated $40 trillion in oil resources. NEW: President Trump tells @FoxNews colleague @johnrobertsFox in a phone call just now...

North Korea says it successfully test-fired two types of submarine-launched cruise missiles. The test marks the first reported launch of missiles from underwater by North Korea in three years. “The Missile Administration of the Democratic People’s Republic of Korea test-fired two kinds of submarine-launched strategic cruise missiles in the East Sea of Korea on October […]