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Russia and China raise 'serious concerns' over US-backed UN draft resolution on Strait of Hormuz | The National

Russia and China still have “serious concerns” about a US-backed draft UN Security Council resolution demanding Iran stop obstructing shipping in the Strait of Hormuz, remove sea mines and halt "illegal tolls”, according to a letter seen by The National.

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Strait of Hormuz crisis cripples Indonesian fishing industry – RT (VIDEO)

A surge in global oil prices linked to energy supply disruptions caused by the closure of the Strait of Hormuz, amid the US-Israel war on Iran, has nearly doubled diesel costs for Indonesian fishermen. The spike has forced much of the country’s fishing fleet to remain docked according to a report by RT’s Indra Mapong.

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Stocks Fall, Oil And Rates Rise As Inflation "Roars Back"

US equity futures and bonds were lower as oil climbed, with a key inflation report showing the impacts of higher energy and supply disruptions stemming from the war in Iran. Stocks are poised to fall from all-time highs after the core CPI rose more than expected in April. As of 9:15am S&P futures ewere down 0.2% and…

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CBS News boss Bari Weiss blindsides ‘60 Minutes’ icon Lesley Stahl, hands Netanyahu interview to Major Garrett: report

CBS News boss Bari Weiss blindsided “60 Minutes” legend Lesley Stahl by handing Israeli Prime Minister Benjamin Netanyahu’s first major US broadcast interview since the Iran war to Major Garrett — a CBS News veteran who isn’t part of the iconic show’s correspondent roster, according to a report.

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Shadow Wars: IRGC Operatives Tried To Infiltrate Kuwait, Firefight Ensues

Kuwait and Iran are barely separated by a small section of Iraqi coastline at the head of the Persian Gulf, but they do share a maritime border. But given the small oil-rich Sunni sheikdom's close proximity to the Islamic Republic, and given its historic role in hosting American forces and bases, it is to be expecte…

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US Consumer Prices Are Rising At Their Fastest Pace In 3 Years

Bearing in mind the one-off impact of BLS correcting for shutdown-related distortions (in rent/shelter) from last October., this morning's CPI was expected to come in hot as the impact of the Iran war starts to spread (energy, airfares, transport) and the melt-up in memory costs (unrelated to war) as the token wars …

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