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The US Navy will escort oil tankers through the Strait of Hormuz when militarily possible, Treasury Secretary Bessent has announced

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Russian crude oil output is falling:

Russian crude oil production dropped -56,000 barrels in February, to 9.18 million barrels per day in February, the lowest since August.

This marks the 3rd consecutive monthly decline with a total drop of -200,000 barrels per day.

Production is now running -390,000 barrels per day below what Russia is "allowed" to produce under its OPEC+ agreement.

Meanwhile, India has already resumed buying Russian oil after the White House issued a temporary 30-day sanctions waiver, following weeks of reduced purchases under US pressure.

Brace for more volatility in the oil market.

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JUST IN - Old Dominion University shooter identified as Mohamed Bailor Jalloh, 36, a former U.S. National Guardsman previously convicted on federal terrorism charges for plotting an attack in support of ISIS and ISIL in 2016 β€” AP

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JUST IN: Turkey says β€œexpansionist Israel” aims to deepen regional instability

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As of market close today at 4p.m., the Dow Jones Industrial Average has closed at 46,677.85, down more than 739 points since the market opened this morning and more than 3,800 points since the high of 50,512 on February 10th

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AIRPOWER WON’T TOPPLE IRAN

Scott Horton says the idea that bombing Iran will lead to regime change has no serious path forward.

He argues airstrikes cannot control a country the size of Iran, and without a powerful internal force on the ground, Washington has no way to replace the government even if leaders are killed.

scotthortonshow

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BREAKING: Trump says any Senator who votes against the SAVE America Act should be RUN OUT OF OFFICE

This should INCLUDE those who refuse to support enforcing the talking filibuster

REFUSING to enforce the filibuster is a vote AGAINST the bill!

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Fears of a bloodbath are growing over Paramount-Warner merger - including speculation around top HBO exec

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BREAKING:

Markets took a major hit today, with nearly $1 trillion erased in value.

Yep, is 1,000,000,000,000

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UK MP Sorcha Eastwood:

I havent been able to get this kid out of my mind. Such a wee gent setting off for his day and his precious life extinguished in a needless war of greed, aggression and insanity. Horrifying and painful.

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BREAKING: Iranian kamikaze drones hit a French military base near Erbil Airport in northern Iraq, wounding six French soldiers

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Iran used AI on newly released photo of Iran's no-show supreme leader Khamenei

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The S&P 500 fell 1.5% today, its 6th daily decline so far this year with a loss above 1%. Expect to see many more of these days in the coming weeks/months - the average year since 1928 has 29 large declines. This is the price of admission. $SPX

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Trump: "We're keeping men out of women sports, that okay with you people?"

*Crowd erupts in applause*

Guess they're fine with it!

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BREAKING: NEW MESSAGE ON IRANIAN MISSILE:

β€œVaccine for pedophiles - made in Iran”

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Satellite imagery shows a huge impact crater at Al Dhafra Air Base in the UAE, reportedly caused by an Iranian Khorramshahr-series ballistic missile with a very large warhead

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Protesters in Vermont were taken into custody after interfering with an ICE operation and refusing to comply with federal agents

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BREAKING:

CBS has now reported that not only a U.S. KC-135 Stratotanker has gone missing, but a second one was "hit" and landed safely

Centcom is reporting this was due to an incident, and "not due to hostile fire or friendly fire"

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