A US-funded biolab in Georgia On Sunday, March 6, 2022, Russian news agency Ria Novosti released documents they claim show Ukraine was working on "biological weapons" near the Russian border. The post CONFIRMED: Barack Obama Was Involved in Creation of US Biolabs Handling Especially Dangerous Pathogens in Ukraine appeared first on The Gateway Pundit.
For the record. SpaceX, Hayek, and the Progressive War on Wealth CreationThe progressive left clings to the fantasy that wealth is manufactured by the state and its pet technocrats rather than by entrepreneurs who risk their own capital to create real value. In their https://t.co/9jTBb9vQzJ
Former Vice President Mike Pence cast doubt on the possibility of a deal between Iran and the U.S. over the two countries’ war shortly before President Trump announced a deal has been reached on Sunday. “My concern right now is not with the intentions of the president. Look, I think the president has earned a [...]
Crude oil prices fell over 4% to their lowest levels in over three months Sunday after the U.S. and Iran agreed to a ceasefire extension that could lead to the reopening of the Strait of Hormuz.Why it matters: Severe restrictions on oil traffic through the strait since the conflict began in late February have created an unprecedented energy shock that's a drag on the global economy.The oil price spike caused U.S. gasoline prices to soar to their highest levels since 2022, adding to GOP political peril ahead of the midterm elections.The latest: The global benchmark Brent crude is down 3.6% to $84.21 per barrel. It initially fell even more steeply before reversing some of the decline.WTI, the U.S. reference, is down over 4% to $81.38 per barrel.Sunday's decline follows prices that had already slid Friday on reports that an agreement was imminent.The apparent agreement could greatly expand tanker traffic through the narrow waterway that handles about a fifth of the global oil trade. Axios' Barak Ravid has the latest on the agreement. Catch up quick: The memorandum of understanding would mark the biggest diplomatic breakthrough of the war and buy time to settle the hardest questions over Iran's nuclear program.What we're watching: Average U.S. gasoline prices soared to a high of roughly $4.56 per gallon in May, but have retreated in recent weeks and now average $4.07, per AAA.That's still over $1 higher than pre-war levels at a time when affordability is front and center in midterm election battles. But prices will likely recede if crude oil prices — the largest variable in retail pump prices — continue to recede. What's next: The disrupted market will take months to fully untangle, but the apparent deal could enable a major increase in tanker transit.But it's not clear how many ship owners and operators will quickly have confidence to move through the waterway.Plus, even if the strait is fully open, Persian Gulf oil producers that cut production when the main export route was cut off will need time to revive it. Go deeper: Gas prices won't return to pre-war levels anytime soon
The frustration was summed up in the main headline of the Israeli newspaper Yediot Aharonot on Sunday, describing the agreement as a “bad deal."
Iran’s Deputy Foreign Minister Gharibabadi confirms the country reached a peace deal with the US.
Former Vice President Mike Pence cast doubt on the possibility of a deal between Iran and the U.S. over the two countries’ war shortly before President Trump announced one on Sunday. “My concern right now is not with the intentions of the president. Look, I think the president has earned a great deal of deference…
Two phone calls, one goal: peace - what a way to celebrate his birthday! The post PEACEMAKER IS BACK: Trump Speaks With Both Putin and Zelensky, Appears to Re-Engage in the Russia-Ukraine Peace Process appeared first on The Gateway Pundit.
A US-Iran peace agreement has been officially reached, President Donald Trump and Pakistan's Prime Minister Shehbaz Sharif announced on Sunday. The post BREAKING: Official US-Iran Peace Agreement Complete: Deal to be Signed on June 19 in Switzerland appeared first on The Gateway Pundit.