Energy US Diesel Prices Hit All-Time High of $5.85 a Gallon US diesel prices hit an all-time high of $5.85 per gallon, topping the June 2022 record, as the Iran war and strikes on Russian refineries squeeze global distillate supply.
Geopolitics Iran Claims Ballistic Missile Strike On US Carrier And Destroyer Iran's IRGC claims it hit a US aircraft carrier and destroyer with ballistic missiles near the Strait of Hormuz. CENTCOM says the ships evaded and struck three Iranian oil tankers in response.
Energy China Emerges as Global Oil Stabilizer During Iran War China quietly cut crude imports over 40% during the Iran war, absorbing the Strait of Hormuz shock and keeping Brent below $90. Here is what oil traders should watch next.
Politics Tucker Carlson: Trump Should Be Removed From Office ‘Immediately’ Tucker Carlson said President Trump should be removed from office immediately if he is weighing a nuclear first strike against Iran, escalating a public feud with the White House.
Geopolitics US Strikes Iranian Telecoms Infrastructure, per FARS US forces have struck Iranian telecoms and communications infrastructure, per FARS, extending a campaign that has already hit thousands of targets across Iran. Energy and defense names remain in focus.
Geopolitics US Strike Hits Iranian Wedding in Kuhestak, 4 Dead and 50+ Wounded A US missile strike hit a wedding in Kuhestak, southern Iran, killing four including a child and wounding more than 50, per Iran’s Red Crescent. Escalation risk is back near the Strait of Hormuz.
Geopolitics Xi Meets Putin at SCO Summit, Power of Siberia 2 in Focus Xi Jinping and Vladimir Putin met on the sidelines of the SCO summit in Bishkek, reaffirming their strategic alliance and reportedly discussing the Power of Siberia 2 gas pipeline.
Energy Venezuela Grants 100-Year Oil Lease to US-Backed Venture Venezuela's Delcy Rodriguez granted a US-backed private venture a 100-year lease over 17 oil fields holding 65 billion barrels, with Washington set to control 55% of output.
Geopolitics Trump’s Iran war drives US Navy into cash crunch, payroll raided The US Navy is transferring money from payroll and other accounts to cover the cost of combat operations against Iran, per a Pentagon memo, as the war’s tab tops $35.7 billion.
Geopolitics Iran: Strait of Hormuz Stays Shut Until U.S. Blockade and War End Iran says the Strait of Hormuz will stay closed until the U.S. lifts its naval blockade and the war, including fighting in Lebanon, permanently ends. Energy, tankers, and defense names back in focus.
Geopolitics US Allies Warn Strait of Hormuz Still Mined, Doubting Trump’s Claim US allies are privately warning the Strait of Hormuz is still likely mined, disputing Trump’s claim that the Navy has cleared all Iranian explosives. Energy and shipping tickers stay in focus.
Geopolitics US Launches ‘Operation Economic Outcast,’ Sanctions 60+ Iran-Linked Targets The US Treasury launched Operation Economic Outcast, sanctioning nearly 60 Iran-linked entities across oil, nuclear, and missile networks — but sparing the largest Chinese banks and refiners despite China buying most of Iran’s crude.
Geopolitics Iran Has Lost Significant Control of the Strait of Hormuz: CNN CNN reports Iran has lost significant control of the Strait of Hormuz, with Kpler data showing more than 80% of recent transits taking the Omani route or going dark.
Markets Trump Moves to Open 45M Acres of National Forest to Logging, Roads The Trump administration proposed rescinding the 2001 Roadless Rule, opening nearly 45 million acres of national forest to roads, logging, and extractive activity across 37 states. Timber names in focus.
Energy Iran Maintains Closure of Strait of Hormuz Amid Ongoing Tensions Iran continues to block the Strait of Hormuz, a critical oil transit route, in response to U.S. actions, impacting global energy markets and shipping.
Geopolitics Iran Shifts to ‘Fully Offensive’ Policy, Sets Weeks-Long Deadline for US A senior Iranian official told Reuters that Tehran is shifting from a defensive to a ‘fully offensive’ posture, with a weeks-long deadline for the US and a fresh threat over the Strait of Hormuz.
Geopolitics Trump threatens to "bomb" Oman if it interferes with Iran talks Trump told Fox News the US will bomb Oman if it interferes with Iran negotiations, as the 60-day MOU on the Strait of Hormuz expires without a deal.
AI Musk Leans on Natural Gas Turbines to Power SpaceX AI Data Centers Elon Musk is leaning on natural gas turbines to power SpaceX's AI data center build-out, with $2.8B committed and capacity potentially scaling to 15 GW by 2027.
Geopolitics U.S.-Iran 60-Day Deadline Passes With No Deal, Hormuz Still Closed The 60-day U.S.-Iran window closed with no deal, Iran signaling a shift to offense, and Brent settling above $90. Hormuz traffic remains a fraction of pre-war levels.
Geopolitics MTG Claims White House Is Weighing Nuclear Strikes on Iran Marjorie Taylor Greene claims the White House is holding strategy meetings on using nuclear weapons against Iran. The claim is unverified, but the tail risk is real for oil, defense, and safe havens.
Geopolitics Iran denies 60-day ceasefire extension talks with US Iran denies agreeing to extend a 60-day ceasefire with the US, saying the interim June deal never truly began and Washington must first return to the pact. Energy and defense tickers back in focus.
Geopolitics Trump: Iran Privately Agrees to Deal, Publicly Refuses Trump says Iran has privately agreed to a deal but is refusing publicly, as reports suggest he may drop nuclear demands in exchange for reopening the Strait of Hormuz. Oil, defense, and energy names in focus.
Geopolitics Pakistan: US and Iran close to a peace arrangement or a deal Pakistan’s defense minister says the US and Iran are close to a peace arrangement over the Strait of Hormuz. Oil erased gains on the headline as traders weigh whether the ceasefire path is real.
Markets NYC to Study First U.S. Transit Thermal Energy Network to Cool Subways Mayor Mamdani, Gov. Hochul and the MTA unveiled an $800,000 study for a Thermal Energy Network to cool NYC subway platforms and reuse the captured heat to warm municipal buildings, in what would be a U.S. transit first.
Energy US Strategic Petroleum Reserve Falls Below 300M Barrels, Lowest Since 1983 The US Strategic Petroleum Reserve fell to 298.7 million barrels last week, the lowest level since January 1983, as Iran war disruptions keep pressure on global crude supply.
