Bessent’s Bond-Buyback Relief Rally Erased in a Day by Trump’s Iran Threat
Treasury Secretary Scott Bessent's buyback expansion pulled the 30-year yield down from 5.34% to 5.184% on Wednesday. President Trump's Iran…
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Norway’s Oil Output Falls Nearly 200,000 Bpd as Gulf Supply Crisis Drags On
Norway's crude output dropped nearly 10% year-over-year to 1.776 million barrels per day in July, according to the Norwegian Offshore…
Bessent to unveil ‘toughest sanctions in history’ against Iran on Monday
Treasury Secretary Scott Bessent will hold a press conference Monday to lay out what he calls the toughest economic isolation…
Refining margins hit record highs as U.S.-Iran standoff squeezes fuel supply
Refining margins for diesel and gasoline have climbed to record or near-record levels even as crude oil trades around $90…
Trump Announces New Economic Operation Against Iran as Ukraine Strikes Russian Oil Sites
President Trump has announced a new economic operation against Iran while Ukraine struck two Russian oil sites overnight, adding a…
