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18.04.26 - 14:33
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Iranian Gunboats Open Fire On Tanker As Hormuz Closure Sparks Maritime Chaos (ZeroHedge)
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Iranian Gunboats Open Fire On Tanker As Hormuz Closure Sparks Maritime Chaos
Summary:
Two Iranian gunboats Open Fire on a tanker near Oman
Friday: Hormuz Open; Saturday: Hormuz Closed
Iranian Forces Open Fire On Tanker
The UK Maritime Trade Operations (UKMTO) reports that a tanker was "approached by 2 IRGC gunboats, with no VHF challenge, and then fired upon."
UKMTO did not provide any further details about the two Iranian vessels that fired on the tanker or the type of weapons used in the maritime incident, which was reported to have occurred 20 nautical miles northeast of Oman.
Assume that President Trump is about to become absolutely furious on Truth Social. One can also assume that backchanneling and behind-the-scenes talks are not going well if an incident like this occurred ahead of the U.S.-Iran weekend negotiations.
Hormuz Closed (Again)
The Trump administration's "baffle 'em with bullshit" methodology has been on full display, as the reopening of the Hor...
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18.04.26 - 14:18
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Hank Paulson on Iran War, Inflation, and Market Risk (Bloomberg)
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The war in Iran is putting pressure on global energy markets, but its broader economic impact could be even farther-reaching. Former US Treasury Secretary Hank Paulson says the conflict is likely to push inflation higher, keep interest rates elevated, and strain industries from airlines to agriculture. At the same time, Paulson highlights rising sovereign debt and a fragile US-China relationship as key vulnerabilities, arguing that while the US economy remains resilient, the longer-term risks are mounting. (Source: Bloomberg)...
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18.04.26 - 13:54
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Iran Says Strait of Hormuz is Shut Amid Reports of Gunfire (Bloomberg)
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Iran broadcast to ships in the Strait of Hormuz that the vital oil and gas channel is closed to maritime traffic again, with owners reporting gunfire in the waterway less than 24 hours after the nation's foreign minister declared it open. Bloomberg News White House Correspondent Jeff Mason, Jerusalem Reporter Dan Williams and The Associated Press' International Correspondent Philip Crowther join David Gura and Christina Ruffini on Bloomberg This Weekend to discuss. (Source: Bloomberg)...
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