Reuters: Iran Uses 5,000 Secret Military Agencies to Bypass US Blockade

Exit Narrative Grows: Bessent Says New Deal & Ceasefire Will Open Hormuz 'Today Or Tomorrow' Summary Bessent: Hormuz could reopen under a 30-60 day ceasefire as soon as "today or tomorrow." Iran asserts that US & Israeli vessels remain barred until sanctions are lifted and compensation is paid. Trump says the conflict could "end pretty soon," signaling a possible final US exit. Iran remains defiant, pointing out it still has the leverage & can threaten Hormuz. However, the deal could reopen oil flows while strengthening Iran's control over the strait. Strait of Hormuz traffic returns to normal...

The US Coast Guard said Friday that its forces intercepted a ship that was attempting to bring fuel to Cuba, as the US continues to enforce a ramped-up oil embargo on the country, which has caused a devastating humanitarian crisis. The Coast Guard said that the incident occurred in early September, when a “Coast Guard […]

Futures, Bonds Tumble, Oil Soars After Trump Dashes Hopes For Early End To Iran War Global risk assets, including US equity futures and global markets, as well as Treasuries and precious metals, tumbled as oil soared with Brent hitting $110 this morning after Trump's late Wednesday speech refused to pivot and dashed hopes that the Hormuz Strait would reopen soon and the war in the Middle East is nearing a swift resolution. As of 8:00am ET, S&P 500 futures dropped 1.7%, reversing yesterday's short squeeze as investors refuse to add...