First-time fuel fee would match common practice at FedEx, UPS...

Thursday/Friday sessions have been painful for the S&P...

The relative calm in markets suggests some investor confidence that hostilities may eventually wind down, however slim that prospect remains. Still, even a “diplomatic” resolution at this stage would carry material costs for both the US and Israel...

...positioning shifts toward “how much do I really want to own into the weekend.”

“Nothing can fully compensate for the hell that my family and I have endured over these many years...”

“I would be very worried about this,” said retired Adm. James Stavridis. “Iranians are clever and ruthless..."

A break in market sentiment has the capacity to trigger a recession in a US economy becoming more fragile due to the energy shock... Rate cuts would then rapidly be priced back into the front end.

Initial claims are hovering near their lowest levels since 1969...

"If Iran were to signal willingness to negotiate and an end to the closure of the Strait of Hormuz became more likely, equity markets may quickly move back to previous highs... Yet Iran has so far declined all offers to talk as time is on their side."

...a modern Engels Pause playing out again, but much more quickly... and the immediate impact could be greater...

"The Russians dramatically improved the Shaheds, including modifications to the engines..." 

Crude shipments for export from the Yanbu South and Yanbu North terminals averaged 4.4 million barrels a day in the five days to Tuesday,

People are starting to ask: "who signed off on these private credit ratings?"

...claims Russia offers to stop sharing intel with Iran if US stops sharing with Ukraine

Tehran asserts talks won't happen until the five conditions are met.

The climate science world (‘settled’ division) is in shock...