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"Early Signs Of A Turn In US Consumer Discretionary," UBS Says

Brent crude futures tumbled below the $80-per-barrel level earlier this morning for the first time since March as traders priced in the U.S.-Iran peace deal and the expected reopening of the Strait of Hormuz maritime chokepoint on Friday. Goldman Sachs and RBC Capital Markets both slashed their fourth-quarter Brent …

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Shin Bet officer petitions High Court against Knesset decision to grant Gotliv immunity

An anonymous Shin Bet (Israel Security Agency) officer whose identity was exposed by Likud MK Tally Gotliv petitioned the High Court of Justice on Wednesday against the Knesset’s decision to grant her immunity from criminal prosecution, arguing that the vote was legally flawed, politically predetermined, and dangero…

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How Houthis militarized Ibb province in Yemen into their armed camp - analysis

The Houthis are one of the Iranian-backed groups in the region that remain strong. While Hezbollah and Hamas have suffered blows, the Assad regime has fallen, and militias in Iraq are under pressure, the Houthis remain steadfast in Yemen. They have achieved this because they are secure in the mountains of northern Y…

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​Peace deal will not bring instant relief

AFTER nearly four months of war, the United States and Iran have finally confirmed that a preliminary deal to end their conflict has been agreed, and is expected to be signed in Switzerland on Friday, June 19. This is welcome news for us here in the Philippines, as we have been hit hard by skyrocketing fuel prices, …

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The $300 Billion Wager: Inside The Private Fund At The Center Of The U.S.-Iran Framework

A proposed $300 billion investment fund has emerged as one of the most consequential-and politically explosive-features of the U.S.-Iran framework agreement, turning what began as a war-ending diplomatic effort into a test of whether private capital can be used as a substitute for reparations, sanctions relief and s…

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ISIS claims responsibility for new attack in Syria targeting official near Damascus

The extremist group Islamic State (ISIS) has claimed a new attack in Syria, with Syrian state media saying on Wednesday that “an improvised explosive device detonated yesterday against the vehicle of Salah Ahmad al-Saleh, head of the Justice Palace department in Babila, south of Damascus, leaving him injured in the …

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Hezbollah MP claims delegations to Turkey promised to ‘support the resistance’ in Lebanon

Ankara gave Hezbollah delegations assurances that Turkey supported the Iran-backed group’s continued role in Lebanon, and that Damascus had no plans to take action against the terrorist organization, Lebanese Member of Parliament Ali Fayyad told the Hezbollah-affiliated Al-Mayadeen last week.

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Cushing Stocks Crash To 'Tank Bottoms', Seasonally Lowest Since 2005; SPR Sees Another Huge Drain

Oil prices have tumbled in recent days as optimism grew there would be a lasting Middle East peace agreement, which would mean supplies would be back on track - but investors are taking a breather today with prices marginally higher this morning, rising off three month lows (and the 200DMA) after Trump threatened to…

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