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INSANE: 173 - The Real Truth

Stocks Settle Higher as Chipmakers Rally and Crude Prices Fall

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +0.81%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.27%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.62%. September E-mini S&P futures (ESU26 ) rose +0.82%, and September E-mini Nasdaq futures...

Barchart

The Latest: After weeks on hold, deal between Israel and Lebanon is progressing, says US official

The U.S.-brokered framework agreement between Israel and Lebanon is moving to technical discussions in Rome after weeks of stagnation

The Independent UK

Tensions Continue Rising In The Middle East. Stocks Climbed And Oil Dropped Anyway

Stocks rose on Thursday and oil dropped even though tensions between the U.S. and Iran remain high.

International Business Times

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US stocks today: Nasdaq rallies to sharply higher close; chip surge offsets Iran worries

US markets closed higher led by chip stocks, with Micron boosting sentiment through a massive investment plan tied to AI demand. Gains came despite rising US-Iran tensions. Stable jobless claims signaled labor resilience, while Fed rate hike expectations linger. Investors now shift focus to upcoming earnings season and valuations.

The Economic Times

Strait of Hormuz traffic plummets after renewed strikes, says UK monitor

The Prime Minister has already warned over the impact on British household bills unless the situation improves.

Evening Standard

Dollar Falls as Stocks Rally and Crude Oil Retreats

The dollar index (DXY00 ) fell by -0.08% on Thursday. The dollar moved lower on Thursday as strength in stocks reduced liquidity demand for the currency. Also, Thursday’s -2% fall in crude oil prices lowered inflation expectations and could prompt the Fed to ease monetary policy, a bearish factor for...

Barchart

Crude Oil Prices Slump on Limited Escalation of US-Iran Conflict

August WTI crude oil (CLQ26 ) on Thursday closed down -1.44 (-1.96%), and August RBOB gasoline (RBQ26 ) closed down -0.0647 (-2.00%). Crude oil and gasoline prices gave up an early advance on Thursday and fell sharply on speculation the escalation of hostilities between the US and Iran will be...

Barchart

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US gas prices see their biggest one-day jump in months as Iran war spooks market

Gas prices began to decline steadily after the U.S. and Iran agreed to the Memorandum of Understanding in June

The Independent UK

Trump Brands Iran 'Scum' as He Declares Himself Top Assassination Target at NATO Summit

Donald Trump claims to be Iran's top assassination target, criticising its leadership amid escalating tensions and failed ceasefire talks. His comments highlight ongoing security risks and potential conflict.

International Business Times UK

Why the Gulf needs economic ties with Tehran

The US-Israeli war against Iran has shattered the Gulf's old security order. As governments search for alternatives, debate has focused largely on military strategy, diplomatic realignments and the role of outside powers. Missing are the economic foundations of a lasting peace.

Bangkok Post

From grocery truck to fighter jet: Inside Ali Khamenei's final journey

The body of Iran's slain Supreme Leader Ali Khamenei has travelled across two countries over six days, moving by road, helicopter and fighter jet-escorted aircraft, and in one instance, a refrigerated truck carrying Finnish supermarket branding.

The Times of India

New US, Iran fighting erupts ahead of Khamenei burial

New fighting erupted between the United States and Iran ahead of Supreme Leader Ali Khamenei's burial. Tehran targeted US regional allies while American strikes hit an Iranian nuclear power plant perimeter. This renewed hostility sparked concerns of a return to full-scale war after a recent ceasefire. Iran's army reported targeting…

The Economic Times

Cotton Easing Lower on Thursday

Cotton futures are trading with midday losses of 14 to 73 points across most contracts at midday Crude oil is correcting back lower on Thursday despite back and forth strikes between the US and Iran overnight, down $1.49 at midday. The US dollar index is down $0.094. Export Sales data...

Barchart

Trump raged inside Oval Office meeting before deciding ceasefire with Iran was over

IN FULL

The Independent UK

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International Business Times UK

Oil Price Alert: Crude Spikes Past £60 as Trump's War Rhetoric Threatens Strait of Hormuz Blockade

Global markets experienced volatility after President Trump cast doubt on the Iran ceasefire, causing oil prices to surge and stock indices to drop, impacting the energy and housing sectors.

The National (Scotland)

Scottish airport sees huge surge in US military flights as Donald Trump strikes Iran

US military use of Scotland's Prestwick Airport has surged as Donald Trump has declared the ceasefire with Iran is “over” and launched…

The Guardian - UK

Extra Edition: Iran mourns Khamenei united against Trump – and uncertain of its future

In today’s bonus newsletter: As the six-day funeral comes to a close with the burial of the late supreme leader, his son Mojtaba Khamenei is yet to step out of the shadows

The Independent UK

Trump strikes Iran railway bridges on route to Khamenei’s funeral as ceasefire unravels

US president tries to force Iran’s hand with attacks but Tehran says it has final say on the Strait of Hormuz

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Barchart

Crude Oil Prices Erase Early Gains in Hopes of Limited US-Iran Hostilities

August WTI crude oil (CLQ26 ) today is down -1.32 (-1.80%), and August RBOB gasoline (RBQ26 ) is down -0.0332 (-1.07%). Crude oil and gasoline prices gave up an early advance today and turned lower on speculation the escalation of hostilities between the US and Iran will be limited. Crude...

The Times of India

Iran's funeral politics: Khamenei's burial becomes message to region and rivals

Iran used the funeral ceremonies for slain Supreme Leader Ali Khamenei as a carefully orchestrated display of regional influence, religious symbolism and diplomatic hierarchy, deploying Quran recitations to send messages to allies, rivals and friends alike.

The Times of India

Target vs target: What US hit in Iran, and what Tehran struck in response

The fragile ceasefire between the United States and Iran has collapsed after fresh military strikes. Both nations launched attacks, expanding the conflict across the Gulf region. Iran targeted US air defence systems and facilities in several Middle Eastern countries. The United States struck approximately ninety military sites across Iran. These…

The Economic Times

Trump’s Penrose stairs in Iran: Why ‘finishing the job’ is so hard

US President Trump's Iran strategy faces persistent challenges and limited strategic gains. Iran retains leverage through its ability to disrupt the Strait of Hormuz. Military strikes have not fundamentally altered Iranian behavior or political calculations. Escalation carries significant risks of wider retaliation and economic pressure. The current situation suggests a…

Barchart

Strength in Chipmakers Boosts Stock Indexes

The S&P 500 Index ($SPX ) (SPY ) today is up +0.48%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.26%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.27%. September E-mini S&P futures (ESU26 ) are up +0.49%, and September E-mini Nasdaq futures...

The Independent UK

Inside the tense Oval Office meeting where a furious Trump decided his deal with Iran was ‘over’

During the evening meeting, Marco Rubio and Pete Hegseth reportedly brought fresh information to Trump that led him to order new strikes

The Guardian - UK

‘It was back-to-back explosions’: Iranians recall 48 hours of terror after US attack on port cities

Residents in Bandar Abbas and Sirik regions describe communities in fear and ‘feeling abandoned’ after US strikes

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