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Heavy Overnight Iranian Attack On Bahrain, Gulf Allies, After US Launched 6th Straight Night Of Strikes Update(0950ET): Heavy Iranian strikes are being reported on Bahrain and possibly Qatar overnight, in a fluid situation. At the moment the ballistic missile attacks on Bahrain look the heaviest. Below are some emerging unverified videos being widely shared of the alleged fresh retaliatory attacks from Iran... In a statement shared on X, the Ministry of Defence said its armed forces intercepted a missile attack that had targeted Qatar. Footage of a coalition PATRIOT SAM battery fighting...

Services ISM Smashes Estimates, Prints At 56.1 Highest Since 2022, As Prices Paid Tumble After the Manufacturing ISM print earlier this week came modestly stronger than expected (albeit with the Prices Paid component spiking and sending 10Y yields higher), some were expecting a similar improvement in today's Services ISM print. What they got instead, was a blowout number, and one suggesting that whatever weakness the US economy was in for much of the latter part of 2025, is now over. At 10:00am ET, the ISM Services print came out at 56.1,...

Iran’s Islamic Revolutionary Guard Corps (IRGC) Navy said on Thursday that its forces struck four oil tankers that were transferring oil in the Strait of Hormuz and that another three ships struck mines as oil prices reached an 11-month high. The IRGC Navy warned that US bases would be targeted in the region if the […]