Author: BlackMask Financial

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Lebanon announces partial ceasefire between Israel, Hezbollah but attacks continue

 Lebanon announced ​a partial ceasefire between Hezbollah and Israel on Monday in what would amount to a limited de-escalation of a conflict that has ‌killed thousands of people and inflamed the broader U.S.-Israeli war with Iran.
According to Lebanon’s embassy in Washington, the agreement would not end the conflict in that country. But it calls for Israel to refrain from strikes on Beirut and its suburbs controlled by Hezbollah, while the Iran-aligned group would halt its attacks on Israel. Hostilities in southern Lebanon, which Israel invaded in March, continued ​on Monday evening. Early on Tuesday, the Israeli military said that it intercepted two projectiles that crossed from Lebanon into northern Israel, and that no ​injuries were reported. U.S. President Donald Trump, who first announced the agreement, said Hezbollah, through intermediaries, had pledged not to attack Israel. ⁠No U.S. president has ever spoken with Hezbollah, with or without intermediaries. The U.S. has designated the group as a terrorist organization.
Trump also said Israeli Prime ​Minister Benjamin Netanyahu agreed to pull back any troops preparing to attack Beirut.
After Trump’s announcement, Netanyahu said Israel would continue military operations in southern Lebanon, where ground ​forces are pushing toward the Zaharani River, their deepest incursion in Lebanon in 25 years. Hezbollah lawmaker Hassan Fadlallah said the militia would support a full ceasefire across all Lebanon as a precursor to the withdrawal of Israeli troops. He did not say whether the group would stop its strikes on Israeli territory. Lebanon said it would seek to expand the ceasefire in talks ​with Israel in Washington on Wednesday. That could clear the path for renewed efforts to end the three-month-old war that began with U.S. and Israeli attacks on Iran. The ​process has been stuck in limbo for weeks under a fragile ceasefire as negotiators have been unable to agree on an initial framework for peace talks. The Israel-Hezbollah war erupted on ‌March 2 ⁠as an offshoot of the broader conflict and has been entangled with it ever since.
NN:  Its a shame the masses do not understand world peace  is the issue here. The Islamic uprising is making amazing progress. Where they take over brings poverty, oppression and pain. We have a chance to halt the uprising and reverse course for a small price. Iranians  say they want nuclear energy for peaceful purposes, As they enrich uranium to weapons grade. Can their be any doubt to the great danger they pose and their evil intent
Item 1 of 7 People inspect the damage in the aftermath of an Israeli strike that hit near a hospital on Monday, in Tyre, Lebanon, June 2, 2026. REUTERS/Aziz Taher
[1/7]People inspect the damage in the aftermath of an Israeli strike that hit near a hospital on Monday, in Tyre, Lebanon, June 2, 2026. REUTERS/Aziz Taher Purchase Licensing Rights, opens new tab
Iran has insisted on a halt to Israeli attacks in Lebanon as a condition of any deal to end the war, while the U.S. has said the two conflicts are separate.
“The ceasefire between Iran and the U.S. is unequivocally a ceasefire on all fronts, including in Lebanon,” Iranian Foreign Minister Abbas Araqchi said in a statement.

IRAN THREATENS TO BREAK OFF TALKS

Iranian state media said earlier on Monday ​that Tehran was halting indirect peace negotiations with ​the U.S. and might end a ⁠ceasefire that has largely held since early April, citing the war in Lebanon.
There was no direct confirmation of the reports from Iranian officials, and Trump told an NBC reporter that he had not heard from Iran. He said in a CNBC interview on ​Monday that the peace talks had “started to get very boring” and that he did not care if they were ​over.
“I really don’t ⁠care, I couldn’t care less,” Trump said, opens new tab.
Since mid-March, Trump has repeatedly said he is close to signing a peace agreement but has yet to do so. Despite the ceasefire, Iran and the U.S. have exchanged strikes several times over the past week.
Meanwhile, the head of Iran’s Revolutionary Guards Quds Force, Esmaeil Qaani, threatened to expand its blockade of the Strait ⁠of Hormuz ​to the Bab El Mandeb Strait, another chokepoint at the mouth of the Red Sea.
Iran has already ​bottled up maritime traffic in the Gulf that before the war provided one-fifth of the world’s oil and liquefied natural gas, sending prices sharply higher.
Oil prices rose 4% on Monday on the heightened tensions.

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Reporting ​by Reuters bureaus; Writing by Andy Sullivan, Lincoln Feast, Timothy Heritage, Gareth Jones, Jonathan Allen and Cynthia Osterman; Editing by Raju Gopalakrishnan, Alex Richardson and Andrew Heavens

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WTI surges over 7.5% amid Iran escalation fears

The prices of oil futures continued to move upward on Monday, with the West Texas Intermediate (WTI) rallying over 7.5% after media reported that Tehran would stop negotiations with the United States over Israel’s latest military actions in Lebanon, and completely close the Strait of Hormuz. Iran and the US also recently exchanged strikes, further bringing the stability of the region into question.

WTI for July deliveries soared 7.80% at 10:16 am ET, going for $94.19 per barrel. At the same time, Brent for the August settlements soared 6.69%, selling at $97.22 a barrel.

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Iran said to halt US talks, completely close Hormuz

Iran ended the negotiations with the United States over Israeli strikes on Lebanon and will completely shut the Strait of Hormuz, Iranian Tasnim News Agency reported on Monday. According to the outlet, Tehran suspended “talks and exchanges of messages through mediators” due to “continued crimes of the Zionist regime in Lebanon,” as the resolution of the Lebanon crisis was one of Iran’s preconditions for peace. The Iranian side accused the US of “violating the ceasefire on all fronts.” Tehran is said to completely shut the critical Strait of Hormuz, as well as the Bab el-Mandeb Strait, in order to “punish the Zionists and their supporters.”

NN: Not only did they Not open the straights.. They shut off the trickle that was getting through. You know my bet. Their will be no significant oil returning to market any time soon.
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Oil slides over 2% as Trump teases Iran deal….. Trump to make ‘final determination’ on Iran soon

The prices of oil futures tumbled on Friday as United States President Donald Trump announced that he will make a “final determination” on the Iran agreement soon. The US head of state further mentioned that Washington will lift the blockade in the Strait of Hormuz, adding that Tehran’s enriched uranium will be “destroyed.” The latest development likely reduced worries on the supply side. West Texas Intermediate (WTI) for July deliveries plunged 2.32% at 11:14 am ET, going for $86.37 per barrel. At the same time, Brent for the August settlements dropped 2.70%, selling at $90.10 a barrel.

Trump to make ‘final determination’ on Iran soon

United States President Donald Trump said on Friday that he is going into the White House’s situation room to meet his administration officials and make a “final determination” on the terms of the agreement with Iran. The US president reiterated that Iran must agree not to have a nuclear weapon and that the Strait of Hormuz must be opened “immediately,” without any tolls, while all the underwater mines will have to be completely removed by Iran. He added that the US will lift its naval blockade, so that the ships stuck in the waterway can start “heading home.” Trump also noted that Iran’s enriched uranium will be unearthed and “DESTROYED” by Washington in coordination with Iran and the International Atomic Energy Agency (IAEA). “No money will be exchanged, until further notice. Other items, of far less importance, have been agreed to,” Trump said in a post on Truth Social.

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Iran said to deny deal with US being finalized

Iran has not informed the Pakistani mediators of a deal on a memorandum of understanding with the United States having been reached, Iran’s semi-official outlet, Tasnim News Agency, reported on Friday, citing a source close to the negotiating team. The source reportedly added that, when the deal is reached, Tehran will notify both the mediators and the public about it.

Earlier today, another report claimed that the agreement to extend the ceasefire between Washington and Tehran by another 60 days has been reached

and that it is only awaiting final approval by US President Donald Trump.

NN: typical Iranian fuck round
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Bessent: Patience for Iran not unlimited

United States Treasury Secretary Scott Bessent stated on Thursday that “we do not have unlimited patience” for Iran. While speaking at a White House press briefing, Bessent argued that “we did not have a regime change in Iran, but we changed the regime.” He explained that the Iranian government, the Islamic Revolutionary Guard Corps (IRGC) and the religious leadership are the “three pillars” in Tehran, which have been having “trouble communicating” due to US strikes.

“We are being patient … President [Donald] Trump always prefers a peace deal, so everything that we have done thus far has been defensive, and at present that is what we will continue doing,”

Bessent said, hinting at a possible renewal of strikes if Trump “doesn’t think he can have a peace deal.”

NN: It sounds to me that they have no deal. If they did Trump would be dancing the bouga bouga from his oval office reality tv stage
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IEA: Middle East crisis could reshape global investment

International Energy Agency (IEA) Executive Director Fatih Birol warned on Thursday that the world is facing the

“largest energy security crisis” in history, warning the turmoil in Middle East as a consequence of the military attacks between the United States and Iran could “reshape investment strategies globally”

similarly to the oil shocks of the 1970s. The remarks were posted alongside the IEA’s 2026 World Energy Investment report, which said the conflict in the Middle East and disruptions around the Strait of Hormuz are pushing “both producer and consumer countries to diversify energy sources and trade routes.” The report forecast global energy investment will reach $3.4 trillion in 2026, with most spending directed toward electricity grids, renewables, nuclear power, efficiency and electrification, while oil investment is expected to decline for a third straight year, “falling below $500 billion.”

NN: The world is grossly underinvesting in oil. It is the worlds key energy resource and it will be so for at least the next 50 years. So relax hundred dollar  Plus oil is here to stay!
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Trump: US not satisfied with Iran’s position

US President Donald Trump said on Wednesday that Iran appeared willing to reach an agreement with Washington, but stressed that the United States was “not satisfied” with Tehran’s latest position. Speaking at a Cabinet meeting, the president commented that Tehran needed a deal because the economy was under severe pressure and repeated that the country could not be allowed to obtain nuclear weapons. “I think it looks like they want to make a deal,” he added. The remarks came amid ongoing diplomatic efforts on Iran, the Hormuz Strait, and the regional security framework for the Middle East.

NN: I still think they are far apart AND Iran is stalling  for time. And it will take the oil market  years to recover
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$100 oil for Years into the future

  • Oil prices briefly fell below $100 on optimism over a potential U.S.-Iran deal, but rebounded after President Trump said there was “no rush” and confirmed the Hormuz blockade would remain in place.
  • Analysts warn the market is underestimating the crisis, with around 14–15 million bpd of supply disrupted, inventories falling rapidly, and the IEA cautioning that oil markets could enter a “red zone” by July or August.
  • Energy experts say years of weak investment in new oil supply, combined with the prolonged Hormuz disruption, could push Brent crude into a prolonged $120–$150 per barrel range.

Oil prices opened trade this week with a decline on reports that a deal between the U.S. and Iran was imminent. Brent crude slipped below $100 for the first time in days. But then President Trump said there was no rush on a deal and the U.S blockade in Hormuz would remain. While traders scratch their heads, analysts are warning that crude could remain well above $100 per barrel for years. This is literally uncharted territory for oil. Negotiations with Iran were “proceeding in an orderly and constructive manner,” the U.S. president told media over the weekend, fueling optimism that has actually been a feature of oil markets ever since the Iranian army closed the Strait of Hormuz in response to the U.S. and Israeli missile attacks on the country. Despite the supply crunch that the closure caused, traders remained remarkably certain that it would not last more than a few days, possibly a couple of weeks. Three months in, this optimism remains.

Indeed, oil traders have been boosting their short positions on crude for no less than seven weeks in a row in anticipation of an end to the crisis that has removed some 14 million barrels from the world’s daily oil supply

Rapidly falling inventories, missing Middle Eastern exports, and rising summer demand could push global oil markets into dangerous territory by July or August, the head of the International Energy Agency warned earlier this month. “This may be difficult and we may be entering the red zone in July-August if we don’t see some improvements,” Fatih Birol said. Unlike some earlier warnings that sounded more like a theoretical note, the inventory data increasingly suggest that Birol may actually have a point. Investment in the oil and gas industry has been weak for about a decade, since the U.S. shale boom from the 2010, natural resource analysts and investors Leigh Goehring and Adam Rozencwajg wrote in their latest quarterly commentary. As a result, global production has been largely stalling in terms of growth pace everywhere except in the U.S. shale patch, where growth is slowing down as well. Now, with the Strait of Hormuz closed, the world is in an unprecedented situation of supply tightness.

“The market has never before attempted to function for an extended period with such a large volume impaired simultaneously,” Goehring and Rozencwajg wrote, adding that “The industry appears to have entered another structurally tight phase following years of inadequate capital spending, just as the market confronts an acute physical bottleneck of historic proportions.”

The experts suggested that if the blockade in the Strait of Hormuz extended further in time, $120 to $150 would become the new normal for Brent crude over the next few years—once market players realize the extent of the supply problem, presumably, because right now, this is being grossly underestimated. “At least 15 million barrels per day of supply appears to be directly curtailed. On volume alone, the disruption exceeds every previous oil crisis. Yet dated Brent — still the best measure of physical delivered crude — managed at its peak to exceed its 2008 high by only $4 per barrel,” Goehring and Rozencwajg pointed out, going on to add that “The market, in other words, has been presented with an energy dislocation larger than any previously recorded and has responded as though it were a difficult but ultimately temporary inconvenience.” “Oil moves slowly through the global system,” Goehring and Rozencwajg wrote. “So does information. In both cases, the true condition of the market often reveals itself only after the underlying imbalance has become considerably more serious than first believed.”

NN: This paper market has got its head up its ass. Reality will soon hit them like a bullet to the brain. 
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Iran to ban oil exports from region if war resumes

Iran will block oil from leaving the region if the war with the United States restarts and Tehran’s exports are endangered, Iran’s Armed Forces Spokesperson Brigadier General Abolfazl Shekarchi said in an interview with Al-Jazeera on Monday. The spokesman warned that Iran’s response to any new attacks will be more severe. He added that the Iranian forces had identified new targets to be hit if the US and Israel resume strikes on Iran. “The enemies will certainly face new surprises and tactics, and Iran’s campaigns, should the region enter another phase of war, will extend beyond the region’s borders and be far more intense, more brutal, more violent, and more powerful than the two previous wars,” Shekarchi stressed.

NN: I am not buying into this peace deal bullshit. You remember the one they were going to announce on Saturday, Sunday…. Monday… That’s where the oil crises was resolved and the oil was going to flow through the Straights. Excuse my I got to go now and pound my gentiles with a brick so my head won’t hurt!