A ceasefire between the United States, Israel, and Iran is believed to be out of reach for now, as Tehran does not appear to be “in any concession mode,” an Israeli official told CNN on Tuesday. The same source suggested that the deal “does not appear to be tangible right now” and that the ongoing negotiations are …
Continue reading “Israel said to believe deal with Iran not close”
Stephen Nesbitt was on no one’s list of Wall Street heavyweights when he bumped into a thirty-something salesman pitching the next big thing for wealthy investors: private credit. Nesbitt — who, as it happened, had written a book on private debt — took the idea and ran with it. Within a few years, he and …
Contracts representing millions of barrels of oil changed hands about 15 minutes before a social media post from US President Donald Trump that sent crude prices tumbling. Futures corresponding to at least 6 million barrels of Brent and West Texas Intermediate were sold in the two minutes from 6:49 a.m. in Washington on Monday. The …
Continue reading “Oil Market Saw Trading Spike Before Trump’s Iran Pivot Post”
Thousands of US Marines are due to enter the US Central Command on Friday, the same day as President Donald Trump’s deadline for Iran to reopen the Strait of Hormuz, according to The Wall Street Journal, citing two US officials. The report said the Japan-based USS Tripoli, the USS New Orleans, and roughly 2,200 Marines from the …
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United States President Donald Trump stated on Monday that he “cannot guarantee” that an agreement with Iran would materialize.
The Israel Defense Forces (IDF) announced on Monday that the country’s Air Force had launched a fresh round of strikes in Tehran, shortly after US President Donald Trump unveiled that his administration had been engaged in productive talks with Iran about a “complete and total resolution” of hostilities. “IDF: Initial report- The IDF is currently …
Continue reading “Israeli strikes hit Tehran despite Trump’s remarks”
Donald Trump says he has instructed the US military to postpone “all military strikes against Iranian power plants and energy infrastructure” following two days of “very good and productive conversations” with Iran. Writing on Truth Social, the US president said the pause would last for five days and was subject to “the success of the …
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International Energy Agency (IEA) Executive Director Fatih Birol said at least 40 energy assets have been “severely or very severely” damaged across nine countries in the Middle East due to the war in the region. Birol also told the National Press Club in Canberra that he is currently consulting with Asian and European governments on …
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The prices of precious metals continued to decline on Monday, with gold and silver plunging sharply amid rising inflation fears, elevated oil prices, and strengthening expectations of global rate hikes as the US-Israel conflict with Iran showed no signs of easing. Market participants will keep a close watch on key economic indicators for direction, including manufacturing and services PMI data …
Continue reading “Gold plummets 8%, silver tumbles 9% on Iran concerns”
The Islamic Revolutionary Guard Corps (IRGC) warned on Sunday that the Strait of Hormuz would be fully shut if US threats to strike Iran’s power plants are carried out. A spokesperson said any attack would trigger immediate “punitive measures.” “The Strait of Hormuz will be completely closed and this strait will not be opened until our …
Continue reading “IRGC vows to ‘completely’ shut Hormuz over US strike risk”