Trump Calls For Rep. Ilhan Omar's Resignation Over Alleged Fake Name

Iran Rejects Report That Deal Is 'Close' After Qatar, Pakistan Push 'Compromise Proposal' To End War Update(1117ET): The somewhat expected quick rejection is coming from the Iranians via newswires: IRAN-US TALKS CONTINUE, REPORTS DEAL IS CLOSE ARE WRONG And Israeli media: "At least once, the US Trump administration was 'very close' to approving an attack on Iran" i24 Stein's reports citing sources. Oil bouncing back on the Iranian rejection headlines, and despite... RUBIO: OIL GOING THROUGH HORMUZ NEARLY EQUAL TO BEFORE WAR *  *  * Update(1035ET): This past weekend Iranian Foreign Minister Abbas Araqchi said that...

US Now Expects Iran War Oil Supply Disruptions To Last Through End Of 2027 At first, the Hormuz lockdown was supposed to last a few weeks, tops. Not any more: the US now expects oil supply disruptions stemming from the US-Iran war to reach about 600,000 barrels per day through the end of next year as the conflict continues to crimp shipments via the critical Strait of Hormuz. Oil transported through the waterway averaged 4.9 million barrels per day in the second quarter of this year, according to estimates from the...

S&P Set To Open At Record High As Oil Slides, Bond Rout Takes A Breather US equity futures are higher for a fourth day, putting the S&P on course for its longest winning streak in two months, and on pace for a record open. Tech is leading again, though the rest of the market is finally joining in, and the bond market has stopped screaming for a few hours. As of 8:00am ET, S&P futures are 0.5% higher at 7,865 and Dow futures are up 288 points; Nasdaq futures were...