Keep pulling the thread on U.S. Central Command.
The Trump administration is considering a plan to use $24 billion in frozen Iranian assets to help U.S. allies in the Persian Gulf rebuild from damage caused by Tehran.
Seven OPEC+ countries, including Saudi Arabia and Russia, are set to review market conditions and establish production policy for July and beyond.
The United Arab Emirates left the OPEC+ alliance in a surprise move last month to pursue its own supply goals.
The United Arab Emirates aims to increase its oil production from 3.8 million barrels per day in 2018 to a target of 5 million barrels per day.
Oil analysts suggest that while the paper price for Brent crude is around $90 a barrel, the actual physical market price could be as high as $150 to $160 per barrel.
The U.S. Treasury Department is planning to use Iranian assets to help Gulf allies recover from the ongoing conflict.
The Senate passed a $70 billion funding package for Immigration and Customs Enforcement and Customs and Border Patrol, which is now going to the House.
SpaceX, under the ticker SPCX, will make its debut on the Nasdaq on Friday in what is expected to be the largest ever initial public offering.
SpaceX has already received over $75 billion in demand for its IPO, which is priced at a fixed $135 per share, implying a $1.77 trillion valuation.
SpaceX is going public to raise capital for a massive new growth phase, which includes purchasing GPUs to build out its AI software business.
A global shortage of engine capacity, particularly from forges and casting suppliers, is expected to constrain aircraft supply for the next decade.
Approximately 900 aircraft globally are currently grounded because they lack engines that can fly.