Dow Jones Industrial Average (DJIA) futures dip 100 points in early trading Wednesday. Traders appear to be shrugging off the impact of Iran’s missile attack on US military bases overnight. But the Dow continues to lag as another Boeing 737 crash drags down the flagship US index. Dow Jones Industrial Average (DJIA) futures are down…
Iranian dictator Ayatollah Ali Khamenei tweeted Wednesday that the U.S. was powerless to respond to Iran’s attacks against American contractors, soldiers, and diplomats: “You can’t do anything,” he taunted President Donald Trump. That guy has tweeted that we see Iran responsible for the events in Baghdad & we will respond to Iran. 1st: You can’t…
CLAIM: The U.S. Department of Defense claimed Thursday evening that Iran’s General Qassem Soleimani, killed in a U.S. airstrike in Baghdad, Iraq, “was responsible for the deaths of hundreds of Americans.” VERDICT: True. On Friday morning local time, the U.S. attacked vehicles carrying Iranian Revolutionary Guard Corps (IRGC) Al-Quds Force leader Qassem Soleimani. Soleimani directed…
The 53 billion barrels of crude oil reserves that Iran has revealed would comprise about 3% of the current proven reserves in the world. More oil in the world means lower prices. Saudi Aramco’s profits have been falling with declining prices. Saudi Arabia’s oil giant Saudi Aramco may be the world’s most profitable company but…
