US-China tensions may persist as Trump downplays reports of Beijing indirectly aiding Iran amid broader geopolitical risks. President Trump responded to questions about China indirectly supporting Iran with a dismissive remark, signaling no immediate shift in US policy. Th
Diplomatic sources indicate the new US-Gulf draft resolution mirrors a prior version rejected by Russia and China, risking further Security Council deadlock. A revised draft resolution backed by the US and Gulf states is drawing opposition from Russia and China, diplomatic
Treasury considers allowing stocks in certain accounts The US Treasury is considering a change to allow stocks in specific retirement accounts. This potential move could impact the investment options available to account holders. The consideration of this c
Headlines Massive moves in USD/Asia as the MOF continues to pepper USDJPY and Axios continues to report on progress towards an Iran deal. It’s very hard not to be cynical about these reports, but the market trades every single one of them, so you cannot ignore them
Lufthansa Group expects the surge in jet fuel prices to cost it an additional $2 billion this year as the closure of the Strait of Hormuz “is leading to a shortage in kerosene supply and thus to a significant increase in kerosene prices,” Europe’s biggest airline said on... <
On peace negotiations, reaction from Israel is conflicting: Israel was reportedly unaware that the US was nearing a deal with Iran had been preparing for an escalation. Israel security/military officials reportedly believe negotiations are a waste of time and conveyed to t
Geopolitical tensions drove Russia’s oil tax revenue to its highest level since October, reflecting tighter global supply dynamics. Russia’s oil tax revenue surged to a six-month high in April, reaching levels last seen in October. The increase was fueled by rising global
Brent is heading towards de-escalation At the start of the week, the nearest Brent futures contract once again exceeded $113, hitting the ceiling formed since the start of the armed conflict in the Middle East following news that Iran had resumed attacks on the UAE’s energy...</p
Tehran prioritizes negotiations to end regional conflicts rather than addressing nuclear deal concerns, signaling a shift in diplomatic priorities. Iranian officials are engaging in discussions aimed at resolving regional conflicts, sidelining negotiations over its nuclear
A senior Iranian MP rejects recent US diplomatic text as unattainable, asserting no gains from conflict over negotiations. A senior Iranian lawmaker dismissed a recent US diplomatic proposal as an unrealistic wish list rather than a viable agreement. The MP stated that Was