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16.04.26 - 19:48
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LIV Golf CEO Denies "Speculation" That Saudi Arabia On Cusp Of Severing Ties (ZeroHedge)
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LIV Golf CEO Denies "Speculation" That Saudi Arabia On Cusp Of Severing Ties
Update (1130ET): Amid reports that Saudi Arabia's Public Investment Fund might be on the verge of pulling its funding for the league, LIV Golf CEO Scott O'Neil told staff in an email overnight that its season will go on "as planned, uninterrupted and at full throttle."
The email, which was obtained by ESPN, didn't directly address reports that PIF might stop investing in the breakaway circuit after spending more than $5 billion since its inception in 2022, or whether the league will continue competitions beyond this season.
"I want to be crystal clear: Our season continues exactly as planned, uninterrupted and at full throttle," O'Neil wrote in the email.
"While the media landscape is often filled with speculation, our reality is defined by the work we do on the grass. We are heading into the heart of our 2026 schedule with the full energy of an organization that is bigger, loud...
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14.04.26 - 15:27
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Fearing Iranian Escalation In Red Sea, Saudis Push Trump To Call Off Hormuz Blockade (ZeroHedge)
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Fearing Iranian Escalation In Red Sea, Saudis Push Trump To Call Off Hormuz Blockade
Wary of Iranian escalation that shuts down Red Sea traffic, the Kingdom of Saudi Arabia is asking the Trump administration to back off from its newly-implemented blockade of Iranian-linked shipping in the Strait of Hormuz, the Wall Street Journal reported on Monday evening. On Sunday, a senior advisor to Iranian Supreme Leader Mojtaba Khamenei warned that Iran has "large, untouched levers" to respond to such a blockade.
Perhaps ominously, Bab el-Mandeb translates to "Gate of Tears" (map via Time)
Earlier on Monday -- at 10am ET -- the US blockade took effect, backed up by more than 15 Navy ships, including some equipped to dispatch helicopter-borne commandeering squads. The ships were expected to position themselves outside the Strait of Hormuz, for fear of Iranian attacks. Their mission: Prohibiting any maritime traffic from approaching or departing from Iranian ports, regardless of how...
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