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US Navy begins blockade of all Iranian ports
โThe US Central Command says it will begin a blockade of all Iranian ports and coastal areas starting in six hours. President Trump ordered the blockade after peace talks collapsed this weekend in Pakistan.โ
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Strait of Hormuz traffic collapses amid energy crisis
โIran effectively closed down the Strait Of Hormuz, this, 21 mile wide waterway, and very few ships have been going in or out of the Gulf in recent weeks. It was more than a 100 ships a day before the war. Now it's just a handful.โ
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Israel creates buffer zone inside Southern Lebanon territory
โIsraeli air strikes hit the Mediterranean resort city of Tyre and border villages Israel says it's seizing from Lebanon to create what it calls a buffer zone where Hezbollah can't fire rockets. The Lebanese Red Cross says one of its ambulance teams was directly targeted by an Israeli drone, killing one paramedic and wounding another.โ
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Surging oil prices trigger bank earnings volatility concerns
โGoldman Sachs, JPMorgan Chase, and other big banks will report results from the last three months, giving investors a window into the economic fallout from the war in Iran and the resulting energy crisis. Surging oil prices have pushed up costs for both companies and consumers, and banks like JPMorgan do business with both.โ
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Synthetic chemicals increase toxicity of US drug supply
โOnce a month or once every other month, we're encountering something that we we've never seen before, and we haven't seen indications of it being seen in The United States before either.โ
