A bombshell New York Times report claims U.S. President Donald Trump blocked an Israeli strike on Iran’s nuclear program U.S. President Donald Trump blocked a planned Israeli strike on Iranian nuclear sites in favor of negotiating a deal with Iran to limit its nuclear program, the New York Times reported on Wednesday, citing administration officials …
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The United States reportedly conducted a strike on the Ras Issa post in the Salif district of the Hodeidah Governorate in Yemen, killing 17 people and injuring several others, Al Masirah TV reported. The US military’s Central Command (CENTCOM) stated that it targeted the port because it supplied fuel to the Houthis. A video of …
The prices of oil futures kept rising on Thursday as Israel once again threatened to intervene in case Iran obtained a nuclear weapon. Meanwhile, Tehran reiterated its dedication to the relations with Russia. Additionally, the United States sanctioned a Chinese refinery for allegedly using Iranian oil. West Texas Intermediate (WTI) for May’s settlements surged by at 1:00 Pm ET to …
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President Donald Trump said Federal Reserve Chair Jerome Powell’s termination from his position can’t come quickly enough, arguing that the US central bank should have lowered interest rates already this year, and in any case should do so now. Trump, derisively nicknaming the Fed chairman he nominated in his first term as “Too Late,” wrote in a post on the Truth …
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The price of gold has hit new all-time highs, driven by strong demand from central banks, hedge funds, and ETFs. Silver is also seeing increased interest from investors, with a surge in managed money longs. Goldman Sachs remains bullish on gold, citing continued central bank buying, Fed rate cuts, and geopolitical risks. Which brings us …
Summary of Weekly Petroleum Data for the week ending April 11, 2025 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 0.5 million barrels from the previous week. At 442.9 million barrels, U.S. crude oil inventories are about 6% below the five year average for this time of year. U.S. …
The Internal Revenue Service (IRS) is preparing to rescind Harvard University’s tax-exempt status, CNN reported, citing sources familiar with the matter. A final decision is expected soon as the Trump administration increases pressure on the Ivy League school for resisting its demands on a change in policies. Education Secretary Linda McMahon reportedly also said the …
Oil prices climbed 1% on Thursday due to worries about supply constraints following additional US sanctions against Iran. US President Donald Trump’s administration announced new penalties Wednesday targeting Iranian oil exports, including sanctions on a Chinese independent refinery, escalating pressure during nuclear negotiations. West Texas Intermediate (WTI) for May’s settlements at 3:00 am ET trading at $62.91 …
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Iran said it won’t be drawn into negotiations over its ability to enrich uranium in nuclear talks with the US, a sign that the tentative diplomatic push to resolve their standoff over Tehran’s atomic work may have already hit a major snag. Iranian Foreign Minister Abbas Araghchi said that he’d heard contradictory positions from his US counterpart …
The United States greenlights a massive munitions shipment to bolster the IDF’s operations against Hamas; Iranian dissidents speak out against renewed U.S. nuclear negotiations with the Islamic Republic; and Hamas rejects a proposed deal that would have secured the release of Israeli hostages and led to the group’s disarmament. ERUSALEM (AP) — Israel’s defense …
Continue reading “DOA- Hamas and Hezbollah and Iran’s day are numbered”