Oil, Iran and Trump
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Iran, war news
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The International Energy Agency warned that as travel demand grows during the summer season, oil markets could enter a "red zone" soon.
Iran has already restarted some of its drone production during the six-week ceasefire that began in early April, one sign it is rapidly rebuilding certain military capabilities degraded by US-Israeli strikes,
You lost hundreds of thousands of soldiers in these various wars,” Trump said. “In two wars, Venezuela, where we lost nobody, and here — we lost 13 people. Now, 13 people is 13 too much, but we lost 13 people.
Brent crude went up on Thursday as U.S. and Iran warn of further attacks even as oil inventories for America remains tight.
The war and disrupted oil flows through the Strait of Hormuz are intensifying the AI bubble, but Wells Fargo says that doesn't mean it's time to sell.
TOKYO, May 22 (Reuters) - U.S. crude futures rose more than $1 in early trade on Friday as investors doubted the prospects of a breakthrough in U.S.-Iran peace talks, with the two countries stuck in opposing stances over Tehran's uranium stockpile and controls on the Strait of Hormuz.
Iran said the latest proposal from the US partly bridged the gap between the warring sides, but comments from the Islamic Republic’s supreme leader about keeping Tehran’s uranium stockpile and a dispute over tolls in the Strait of Hormuz clouded the outlook for a breakthrough.
The crypto transactions took place despite repeated red flags. Binance says it has “zero-tolerance for illicit activity.”