China hopes to convince Iran to allow LNG to pass through Hormuz Gulf states could review overseas investments – report Fed’s Goolsbee: Institutions are facing a crisis of trust US admiral: Iran’s…
Reuters is reporting that China is in direct talks with Iran to secure safe passage through the Strait of Hormuz for crude and Qatari LNG vessels. They cited three three diplomatic sources…
The FT reports that pressure on the Arab Gulf states’ finances could cause them to review their overseas investments and commitments. The cost of the war is beginning to mount as Iran…
The mood is improving in Asia. The steady selling of risk assets and flight to the US dollar has given way to some optimism in Asia and that’s reflected in decent bids…
The mood is improving in Asia. The steady selling of risk assets and flight to the US dollar has given way to some optimism in Asia and that’s reflected in decent bids…
The clock is ticking on the USMCA joint review and Scotiabank just released a comprehensive report that’s worth a read. “The future of [USMCA] is the single most consequential macro uncertainty facing…
CENTCOM Commander Admiral Brad Cooper is highlighting something that markets should keep in mind: “If I just look back over the last 24 hours of the operation compared to the where we…
Is this the start of the end? Trump also said that further action to reduce pressure on oil is imminent. Trump talked about a 4-5 week schedule but he hates: High oil…
US stocks close lower but rebound into the close Crude oil settles at $6.35 higher or 8.51% at $81.01 Kristi Noem is replaced as Homeland Security Secretary. Pres. Trump not looking to…
Costco came in ahead on the top and bottom line in the after-hours report today. EPS landed at $4.58 vs. the $4.55 estimate, while total revenue hit $69.60B against the $69.27B consensus.…
Major US stock indices are closing lower on the day, but well off the lowest levels. A late day fall in crude oil from a high of $82.16 down to the current…
Crude oil crude oil futures settle at $81.01. That’s up $6.35 or 8.51%. The gain is the largest since April 9, 2025. The high price reached $81.64. The low price was at…
