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Trump, Qatar's Emir Discuss Iran Peace Deal As Brent Suffers Biggest Weekly Drop Since COVID Crash
Trump, Qatar's Emir Discuss Iran Peace Deal As Brent Suffers Biggest Weekly Drop Since COVID Crash
Brent crude futures briefly tumbled to $96 a barrel before rebounding to $98.50 as diplomatic efforts to end the nine-month war with Iran progressed toward the end of the week. President Trump spoke with Qatar's emir about Doha's efforts to broker a peace deal between Washington and Tehran. The Democratic sweep in Tuesday's midterms and Trump's subsequent comments that he had no immediate plans to strike Iran have eroded the war risk premium in...
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Jul 8, 2026 / Kyle Anzalone
Trump Says Ceasefire with Iran Is Over
President Donald Trump said that the ceasefire installed by the Memorandum of Understanding (MOU) between the US and Iran is over. “For me, I think it’s over. I don’t want to deal with them anymore. They’re scum. You know what scum is? They’re scum. They’re sick people. They’re led by sick people,” Trump told reporters […]
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May 27, 2026 / Tyler Durden
Russian Fuel Tanker Aborts Cuba Delivery After Drifting In Caribbean For A Month
Russian Fuel Tanker Aborts Cuba Delivery After Drifting In Caribbean For A Month
A Russian tanker carrying 270,000 barrels of diesel fuel and which is under US and EU sanctions spent weeks trying to reach crisis-hit Cuba, which is also under US sanctions as well amid what's essentially become a full energy blockade, but has failed the reach the island nation and turned southward toward Brazil.
The exiled Russian outlet, The Insider, has detailed the following based on maritime tracking data:
The Russian-flagged tanker Universal (IMO: 9384306), which had been drifting for...
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Jul 15, 2026 / Tyler Durden
Fort Knox Standoff: Bessent Says All The Gold Is There, Says America 'Used To Be Backed' By It
Fort Knox Standoff: Bessent Says All The Gold Is There, Says America 'Used To Be Backed' By It
U.S. Treasury Secretary Scott Bessent has once again assured the public that America's gold reserves remain fully intact, pushing back against years of speculation surrounding the legendary vaults at Fort Knox. In a Fox News interview with Jesse Watters that aired Monday night, Bessent reiterated his standing assurance that every ounce of the nation's bullion is "present and accounted for" - while making no plans to visit the Kentucky depository himself.
"I am...
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