Clashes between Thailand and Cambodia over their disputed border region continued for the fourth day, with 33 people confirmed dead and more than 200,000 displaced. New clashes erupted near two ancient temples claimed by both nations. Cambodian Defense Ministry spokeswoman Maly Socheata alleged that Thai forces opened fire first, prompting a military response. Meanwhile, the Thai Army Deputy spokesman, Ritcha Suksuwanon, claimed that Cambodian troops had initiated the fighting with artillery strikes. Earlier, United States President Donald Trump stated that both countries agreed to meet and “quickly” work out a ceasefire after he urged an immediate end to the conflict, warning to cease trade negotiations if violence continued.
Russia downs 99 Ukrainian drones overnight
Russian defenses downed 99 Ukrainian unmanned aerial vehicles (UAVs) overnight, according to the Russian Ministry of Defense. Of the 99 drones, 36 were destroyed over the region of Bryansk, 21 were intercepted over the region of Smolensk, ten were shot down over the region of Kaluga, nine were brought down over the region of Volgograd, nine were downed over the region of Rostov, four were destroyed over the Republic of Crimea, two were intercepted over the region of Voronezh, Kursk and the Black Sea and one drone was brought down over the regions of Moscow, Nizhny Novgorod, Oryol and Tambov.
NN: The fighting is fierce with no end in sight!
20% of NASA employees set to leave agency
The United States National Aeronautics and Space Administration (NASA) announced that 20% of its employees are set to depart the space agency, according to a spokesperson. About 3,870 employees will voluntarily depart the agency in the coming weeks, leaving the staff at around 14,000 people. Earlier this month, around 2,000 senior staff members left NAsSA.
NN: Now you know Elonis secret. He hires top engineers cheap. He then sets them free from mindless government bureaucrats and they invent great things.
Netanyahu says Israel considering alternatives to ceasefire talks with Hamas, deepening uncertainty….Trump: Hamas didn’t want deal, they wanna die
Netanyahu: Israel and US are ‘considering alternative options to bring hostages home’
Prime Minister Benjamin Netanyahu says that Israel and the US are weighing ways to secure the release of hostages in Gaza that do not depend on a negotiated agreement with Hamas. “Special Envoy to the Middle East Steve Witkoff got it right,” Netanyahu says in a statement. “Hamas is the obstacle to a hostage release deal. Together with our US allies, we are now considering alternative options to bring our hostages home, end Hamas’s terror rule, and secure lasting peace for Israel and our region.” Netanyahu does not elaborate on what such “alternative options” could entail. Talks hit a major roadblock yesterday after Hamas submitted its response to the latest ceasefire proposal and Israel withdrew its hostage team. But Jerusalem is still interested in a deal, and public statements are understood by many observers to be part of the pressure campaign to push Hamas to agree to a deal. Last night, Witkoff announced that Washington was calling back its negotiators from hostage talks in Doha and will pursue “alternative options” after the latest response from Hamas “clearly shows a lack of desire to reach a ceasefire in Gaza.”
Trump: Hamas didn’t want deal, they wanna die
United States President Donald Trump said on Friday that Hamas did not “really” want to reach a ceasefire and hostage release deal with Israel. “I think they wanna die, and it’s very bad,” he added, stressing they “know what happens after you get the final hostages.” The comments come after Israel and the US both pulled their delegations from talks in Doha after Hamas demanded the release of 200 Palestinians serving life sentences in Israeli prisons and 2,000 Palestinians detained in the Gaza Strip since October 7, 2023, in exchange for 10 living Israeli hostages, despite Israel expressing readiness to free 125 Palestinians from prisons and 1,200 people detained in Gaza. After the failed negotiations, Israeli Prime Minister Benjamin Netanyahu stated his country will consider “alternative options” to retrieve the Israeli hostages.
EIA Weekly Petroleum Report
Summary of Data for the week ending July 18, 2025
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 3.2 million barrels from the previous week. At 419 million barrels, U.S. crude oil inventories are about 9% below the five year average for this time of year U.S. crude oil refinery inputs averaged 16.9 million barrels per day during the week ending July 18, 2025, which was 87 thousand barrels per day more than the previous week’s average. Refineries operated at 95.5% of their operable capacity last week. Gasoline production increased last week, averaging 9.4 million barrels per day. Distillate fuel production increased by 95 thousand barrels per day last week, averaging 5.1 million barrels per day. U.S. crude oil imports averaged 6 million barrels per day last week, decreased by 403 thousand barrels per day from the previous week. Over the past four weeks, crude oil imports averaged about 6.3 million barrels per day, 7.1% less than the same four-week period last year. Total motor gasoline imports (including both finished gasoline and gasoline blending components) last week averaged 606 thousand barrels per day, and distillate fuel imports averaged 115 thousand barrels per day. . Total motor gasoline inventories decreased by 1.7 million barrels from last week and are slightly above the five year average for this time of year. Both finished gasoline inventories and blending components inventories decreased last week. Distillate fuel inventories increased by 2.9 million barrels last week and are about 19% below the five year average for this time of year. Propane/propylene
inventories decreased by 0.5 million barrels from last week and are 10% above the five year average for this time of year. Total commercial petroleum inventories decreased by 5.2 million barrels last week. Total products supplied over the last four-week period averaged 20.6 million barrels a day, slightly above the same period last year. Over the past four weeks, motor gasoline product supplied averaged 8.8 million barrels a day, down by 4.9 % from the same period last year. Distillate fuel product supplied averaged 3.6 million barrels a day over the past four weeks, down by 1% from the same period last year. Jet fuel product supplied was up 1.5% compared with the same four-week period last year.
NN: Obviously demand is increasing and supplies are falling.
Crude, Gasoline Draw Props up Oil Prices
U.S. crude oil inventories fell by 3.169 million barrels in the week ending July 18, the Energy Information Administration (EIA) reported on Wednesday, broadly confirming the earlier API estimate but with a steeper decline. Analysts had expected a more modest draw, reinforcing signs of strong refining activity and steady demand amid peak summer travel. At 10:00 a.m. Central Time, Brent crude was trading at $68.22, down $0.37 (-0.54%) on the day, while WTI was down $0.36 (-0.55%) at $64.95 per barrel.
Trump Strikes Deal With Ally Japan Setting Tariff Rate at 15%
- President Donald Trump reached a trade deal with Japan that will impose 15% tariffs on imports including automobiles from Japan.
- The deal includes a $550 billion fund to make investments in the US, with Japan agreeing to provide the funds to invest in projects in America.
- Japan will also buy 100 Boeing Co. aircraft, boost rice purchases, and buy $8 billion in agricultural and other products, while hiking defense spending with American firms.
President Donald Trump reached a trade deal with Japan that will impose 15% tariffs on imports including automobiles from the key American ally, while creating a $550 billion fund to make investments in the US. The agreement, touted by Trump after he secured breakthroughs in a final 75-minute Oval Office meeting Tuesday with Japanese negotiators, spares the nation from a threatened 25% tariff that was set to take effect next week. “They had their top people here and we worked on it long and hard, and it’s a great deal for everybody,” Trump said at a White House event Tuesday evening. Under the deal, automobiles and parts would be subjected to the same 15% rate as Japan’s other exports, Prime Minister Shigeru Ishiba said in Tokyo, amid local media reports that he’s planning to step down in the wake of the agreement following a poor showing for his party in an election on Sunday. In return, Japan will accept cars and trucks built to US motor vehicle safety standards, without subjecting them to additional requirements — a potentially major step to selling more American-built vehicles in the country. The auto sector tariff had been one of the main sticking points in the negotiations.
Shares in Japanese carmakers jumped in Tokyo on reports the auto sector rate would be lowered to 15% from 25% for Japan. Toyota Motor Corp. rose as much as 16%, compared with gains of around 3% in the Topix benchmark index in the early afternoon. The yen strengthened against the dollar at first, before weakening after the reports of Ishiba’s intention to resign.
A centerpiece of the pact with Japan is the $550 billion investment pledge. A senior US administration official, speaking on condition of anonymity to outline the agreement, said the pledge was akin to a sovereign wealth fund under which Trump himself could steer investments inside the US. Final terms of the agreement still need to be enshrined in a formal proclamation. Legal particulars and other details surrounding the pledge are still being hammered out, according to the official. The investment timeline is not certain, and it’s not clear whether Trump would be able to allocate the full sum during his term.
NN: The oil market has been range bond for weeks. Trading within a $2.00 range. Fearing that tariff wars would slow oil demand. Trump is NOT going to kill global trade. Proof he just did a deal with one of Americas biggest trading partners Japan.
Oil down on demand worrie
The prices of oil futures declined on Tuesday as concerns about the outlook for demand were heightened by ongoing uncertainty surrounding trade talks. Investors are keeping a close eye on this week’s EU-US trade negotiations as they attempt to reach an agreement before the deadline of August 1, when US President Donald Trump has threatened to impose 30% tariffs on the majority of the bloc’s exports. In other news, Iran said Monday it will begin nuclear negotiations with European nations this week in an attempt to resurrect the 2015 nuclear agreement and prevent the introduction of new international sanctions. West Texas Intermediate (WTI) for September’s settlements dropped by 1.09% at 4:48 am ET to sell for $65.16 per barrel. At that minute, Brent for September’s deliveries decreased by 1.27% to go for $68.44 per barrel.
NN: demand is their. This is more bogs trade war scare tactics.
Israeli forces down missile launched from Yemen
The Israel Defense Forces (IDF) said it intercepted a missile fired from Yemen in the early hours on Tuesday, shortly after air raid sirens sounded in several areas of the country. The army confirmed its air defense systems acted to block the threat shortly after identifying the launch. “The details are under review,” the IDF stated. This attempted attack followed Israeli airstrikes on Hodeidah, a port under Houthi control.
Araghchi: Iran’s missiles for defense, not offense
Iranian Foreign Minister Abbas Araghchi said during a Fox News interview that Tehran’s missiles serve exclusively for defense and would never be equipped with a nuclear warhead.
NB:They are being supplied to Israel ad America’s enemies worldwide. And could carry a nuclear warhead without any modification by design
When asked whether Tehran would agree to any deal that requested a reduction in missile production, Araghchi stressed that Iran wouldn’t discard its “most reliable means of defense.” As for Iran’s support for Hamas, Hezbollah and the Houthis, Araghchi said that Tehran sees their cause as “just,” and would continue to support the groups “as long as they are supporting their [own] justified demands.” “Well, I’m not going to compare, but what you said is exactly what America and the Israelis are doing. The United States has supported Israel with all kinds of weapons to kill people in Palestine, Gaza, the West Bank, Lebanon, Syria and now in Iran,” he noted. At one point during the interview, Araghchi said that Iranian Supreme Leader Ayatollah Ali Khamenei is in “good health” and that the country’s atomic scientists “remain intact.”
NN: Is it not painfully obvious what great evil they are up to?
Iran-Europe nuclear talks set for Friday in Istanbul
Iran, Britain, France and Germany have agreed to resume nuclear talks on Friday in Istanbul, Iran’s Press TV reported on Sunday. Iran will send deputy foreign ministers Kazem Gharibabadi and Majid Takht-Ravanchi to represent the country in Friday’s talks, Iran International English reported, citing Iranian Foreign Ministry spokesperson Esmaeil Baghaei. Tehran’s agreement came after the European trio warned that failure to resume negotiations would result in international sanctions being reimposed on Iran through a so-called “snapback mechanism.”