Netanyahu arrives in US for meeting with Trump

Israeli Prime Minister Benjamin Netanyahu landed at Joint Base Andrews in Maryland at 6 pm local time on Tuesday, the Times of Israel reported. Netanyahu is due to meet with United States President Donald Trump on Wednesday to discuss negotiations with Iran, the Israeli prime minister’s office said Saturday on X. “The Prime Minister believes any negotiations must include limitations on ballistic missiles and a halting of the support for the Iranian axis,” Netanyahu’s office added in Saturday’s post.

NN: This is a critical meeting. Trump can go either way. Fall for the Iranian  endless negotiations trick or End this evil theocracy of crazies and save mankind and our oil trade

 

Trump: Iran can’t have nuclear weapons, missiles

United States President Donald Trump told Israel’s Channel 12 on Tuesday that Iran can’t have nuclear weapons and missiles, reiterating his readiness to take military action if the negotiations with Tehran fail. “The Iranians really want to make a deal. Either we make a deal, or we have to do something very tough – like last time,” the US president stressed, referring to the 12-day war between Iran and Israel in June last year.

More to come…

Iran may cut uranium enrichment for sanctions lift

Iran’s Atomic Chief Mohammad Eslami said that Tehran was open to reducing its uranium enrichment levels to 60% in exchange for the complete lifting of sanctions, as reported by the Iranian Students’ News Agency (ISNA) on Friday. According to the outlet, Eslami told reporters that the proposal was totally dependent on whether or not all sanctions against Iran are lifted as part of the negotiations. He also spoke on the International Atomic Energy Agency’s (IAEA) role, stating that although Iran still cooperates with the agency, it still has “an unfulfilled obligation” regarding a military attack on sites that are protected by the agency. “If we are under the Agency’s supervision and hold its certification of credibility, then it cannot remain silent about what happened,” he said.

NN: Iran continues to insist its nuclear program is for peaceful purposes. As it makes weapons grade Uranium…

WTI, Brent rally over 3%

The prices of oil futures gained ground on Monday, rising more than 3%, as geopolitical tensions across the globe seemingly increased supply concerns. The United States and Iran were in the forefront, with Washington previously sending an advisory to US-flagged ships, warning them to stay “as far as possible” from Iranian territory while going through the Strait of Hormuz and the Gulf of Oman. In addition, the European Union (EU) recently announced that when it comes to tightening sanctions on Russian oil, it plans to discard the price cap limitations and introduce a ban on maritime services. The West Texas Intermediate (WTI) for March deliveries shot up 3.60% at 12:32 pm ET, going for $64.82 per barrel. A minute later, Brent for April settlements jumped 3.35%, selling at $69.39 a barrel.

Araghchi: Iran not scared by US’s military buildup

Iranian Foreign Minister Abbas Araghchi insisted on Sunday that his country is not intimidated by the United States increasing its military presence in the Middle East. Speaking at a forum in Tehran, Araghchi stressed that Iran will not give up its nuclear program, even if a conflict “is imposed on us” as it is its right. “Iran has paid a very heavy price for its peaceful nuclear program and for uranium enrichment,” he noted. Araghchi’s comments came after another round of negotiations with the US on Iran’s nuclear status. Afterward, he said that Tehran is ready for peace, but also for a conflict with the US.

NN: I am wafting. I believe the US and Israel will attack

 

If US attacks, Iran says it will strike US bases in the region

CAIRO, Feb 7 (Reuters) – Iran will strike U.S. bases in the Middle East if it is attacked by U.S. forces that have massed in the region, its foreign minister said on Saturday, insisting that this should not be seen as an attack on the countries hosting them. Foreign Minister Abbas Araqchi spoke to Qatari Al Jazeera TV a day after Tehran and Washington pledged to continue indirect nuclear talks following what both sides described as positive discussions on Friday in Oman.

The Reuters Gulf Currents newsletter brings you the latest on geopolitics, energy and finance in the region. Sign up here. While Araqchi said no date had yet been set for the next round of negotiations, U.S. President Donald Trump said they could take place early next week. “We and Washington believe it should be held soon,” Araqchi said. Trump has threatened to strike Iran after a U.S. naval buildup in the region, demanding that it renounce uranium enrichment, a possible pathway to nuclear bombs, as well as stopping ballistic missile development and support for armed groups around the region. Tehran has long denied any intent to weaponise nuclear fuel production. While both sides have indicated readiness to revive diplomacy over Tehran’s long-running nuclear dispute with the West, Araqchi balked at widening the talks out. “Any dialogue requires refraining from threats and pressure. (Tehran) only discusses its nuclear issue … We do not discuss any other issue with the U.S.,” he said. Last June, the U.S. bombed Iranian nuclear facilities, joining in the final stages of a 12-day Israeli bombing campaign. Tehran has since said it has halted uranium enrichment activity. Its response at the time included a missile attack on a U.S. base in Qatar, which maintains good relations with both Tehran and Washington. In the event of a new U.S. attack, Araqchi said the consequences could be similar. “It would not be possible to attack American soil, but we will target their bases in the region,” he said. “We will not attack neighbouring countries; rather, we will target U.S. bases stationed in them. There is a big difference between the two.” Iran says it wants recognition of its right to enrich uranium, and that putting its missile programme on the negotiating table would leave it vulnerable to Israeli attacks

NN: This is called playing a losing hand. And Iran is flirting with the end of the Ayatollah reign of terror. Its simple move the US assets as in fly the planes off the venerable bases. This is coming to a head.

Hedge Funds Hike Bullish Oil Bets

Hedge funds turned the most bullish on Brent crude since early April as traders hedged against the risk of a military conflict between the US and Iran and potential supply disruptions from the OPEC member. Money managers increased their net-long stance on Brent crude by 31,332 lots to 278,249 lots in the week ended Feb. 3, the highest in nearly 10 months, data from ICE Futures Europe show. Bullish bets on US West Texas Intermediate oil also rose to a six-month high, according to the Commodity Futures Trading Commission. Persistent tensions between the US and Iran have driven investors to raise bullish bets on both benchmarks for four consecutive weeks. The two countries appeared to square off at sea and in the air on Tuesday, reviving a risk premium that eventually ebbed as plans for nuclear talks took shape.

Bullish Brent Bets Rise to Highest Since April

Hedge funds increased long bets amid Iran-US tensions

Source: ICE, Bloomberg

The sustained bullishness was also reflected deeper within the options market and beyond. WTI bullish call options settled at their biggest premium to bearish puts since 2022 at one point this week, while a major oil-linked exchange-traded product saw its biggest inflow since 2020.

NN: As you may recall we informed you of the record hedge fund shorts in December. And we had you double down on the $58.39 low. And we have enjoyed a $10.00 rally since then. In fact Unit 1 cash machine is now in small profits. I am sitting here looking forward to $100.00 as the Ayatollah and the Red murderers are sent to their 62 virgins.

Trump places 25% tariff on countries trading with Iran

United States President Donald Trump signed an executive order imposing a 25% duty on “any country” that “directly or indirectly” purchases, imports, or acquires goods and services from Iran. Furthermore, Trump stated that the executive order may be modified in case foreign nations decide to retaliate against the new tariff. The measure comes amid Washington’s increased pressure against Iran and shortly after negotiations about the Middle Eastern country’s nuclear program in Oman. The new levy could affect nations such as China, a major importer of Iranian oil.

On February 6, 2026, the U.S. Treasury and State Department sanctioned 15 entities, 2 individuals, and 14 vessels for their involvement in shipping Iranian oil. This action targeted Iran’s “shadow fleet” and aimed to disrupt the funding of destabilizing activities. The sanctions focus on blocking these vessels and companies from facilitating Iranian oil exports. This move also highlights ongoing U.S. efforts to curtail Iran’s oil trade.

Here is the press release:

The Department of State is sanctioning 15 entities, two individuals, and 14 shadow fleet vessels connected to the illicit trade in Iranian petroleum, petroleum products, and petrochemical products. These targets have generated revenue that the regime uses to conduct its malign activities.

Instead of investing in the welfare of its own people and crumbling infrastructure, the Iranian regime continues to fund destabilizing activities around the world and step up its repression inside Iran.

So long as Iranian regime attempts to evade sanctions and generate oil and petrochemical revenues to fund such oppressive behavior and support terrorist activities and proxies, the United States will act to hold both the Iranian regime and its partners accountable.

The President is committed to driving down the Iranian regime’s illicit oil and petrochemical exports under the Administration’s maximum pressure campaign.

All Department of State targets are being designated pursuant to Executive Order (E.O.) 13846, which authorizes and reimposes certain sanctions with respect to Iran, and in furtherance of President Trump’s National Security Presidential Memorandum 2. For more information, please see the Department’s Fact Sheet and Treasury’s Press Releases.

US-Iran nuclear talks conclude in Oman

A new round of indirect nuclear talks between the US and Iran in the Omani capital Muscat concluded, Iranian state TV IRIB reported on Friday.Following negotiations between delegations led by US Special Envoy Steve Witkoff and Iran’s Foreign Minister Seyed Abbas Araghchi (pictured left), the latter told reporters that the talks were “positive” and that the parties had decided to continue negotiations. He added that the precise timing and location of the next round are still to be decided. “These consultations focused on creating the right conditions for the resumption of diplomatic and technical negotiations, while emphasizing the importance of these talks, given the parties’ commitment to their success in achieving lasting security and stability,” Iranian state-affiliated news agency Tasnim elaborated on the subject.

NN This is Iran stalling for time

Bitcoin up 11%… Down close to 50% from the peek

Bitcoin rebounded sharply on Friday, reversing a recent selloff that had dragged the token below $70,000 for the first time since 2024, as investors appeared to look past earlier doubts about crypto’s role. The move suggests improving risk appetite after days of caution driven by geopolitical and macroeconomic tensions. The jump also comes as investors move away from precious metals, which resumed their decline, sliding around 10% toward the $65 level after a brief attempt to stabilize following historic losses. At 1:03 am ET, Bitcoin, the world’s most famous cryptocurrency, soared 6.11%, trading at $66,591.700, while Ether gained 7.66% at $1,962.8917.

NN: For the record we took another 32K last night closing out for the 3rd time $100,000 We will be selling again soon.  I want to give the dippers another chance to “by the bottom”

By the way the famous crypto cheerleaders are suffering horrific losses. Tom Lee’s BitMine Immersion Technologies reported a large net loss of over 9  billion dollars recently, mainly due to the crash in their Ethereum holdings.

BitMine Immersion Technologies reported a large net loss of about 5.2 billion dollars recently, mainly due to swings in their Ethereum holdings. They hold around 4.2 million Ethereum tokens, which is about 3.5 percent of Ethereum’s supply. Their stock has been very volatile, and while they had a profitable period last year, the recent losses are tied closely to the crypto market’s moves. In short, their performance depends heavily on Ethereum’s value.

The crypto market in 2026 has seen large losses, with overall values down by 25 to 40 percent. Bitcoin and Ethereum have both dropped significantly. Coinbase’s stock is down about 45 percent in the last three months, and while some crypto funds have seen around 9 to 18 percent losses recently, detailed fund-by-fund returns are not fully public yet. Overall, the sector is facing a difficult period, and many crypto funds are likely underwater this year

This is just a sampling of the massive loses. I believe the loses  are much higher because  of massive leverage and i believe they are un funded