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Iranian Missiles Intercepted Over Tel Aviv

Iranian Missiles Intercepted Over Tel Aviv

Bloomberg3 hours ago

Iranian missiles intercepted over Tel Aviv in the early hours of Saturday, June 21, 2025. (Source: Bloomberg)

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James Carville Blames Trump's ‘Idiot War' Plans on Syphilis: ‘Obviously Diminished Mental Skills'
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James Carville Blames Trump's ‘Idiot War' Plans on Syphilis: ‘Obviously Diminished Mental Skills'

Donald Trump's potential 'idiot war' with Iran might be due to an undiagnosed (or at least not publicly shared) case of syphilis, James Carville said on 'Politics War Room.' The president can wear make-up on his face, Carville added, but that cannot 'cover up the slurred language, the stupidity, the ravenous effects this has on a person's body, on their mind, on everything else.' Carville began the Thursday episode by noting that he has wondered aloud about red splotches on Trump's hands since January 2024. Such markings 'could be a professional sign of syphilis, a venereal disease, a tertiary syphilis,' he said. The topic was never properly looked into, he continued, and then the political news cycle moved on to other topics, and now the world is collectively waiting to see if Trump will attempt to have Congress authorize US involvement in Israel and Iran's war. 'Does anybody really think the son of a b–ch knows where Iran is?' Carvilla asked. 'Of course you don't. He has no f–king idea. He has no idea what a Sunni, what a Shia is. He has no idea what a Persian is. He has no idea of anything.' 'It's obviously that he's had, like all people, older people, me included, he's had some diminished capacity,' Carville also added. 'Fortunately, I'm unable to start a war. Unfortunately, he is, which makes a lot of difference.' Carville later implored political pundits and investigators to take his theory – which he's espoused several times in the past – seriously. 'What's happening right now is a guy is starting to talk about hauling off and starting to war and who very well, reasonably … could have a really diseased mental capacity, above and beyond just the normal effects of aging and what comes with that.' 'We're not being served by sitting here silently and you're not being served by a commentariat that basically has one thumb up his ass and one thumb in its mouth and is switching every f–king 30 seconds. Go do your job,' he continued. 'Find out what's going on with his hand. Find out what's going on with his capacity. Have people look at his slurred language. Have people look at the deterioration that's going on right now and the madness and the corruption and all of the other s–t that's going on … Look at what's right in front of you.' Watch the episode of 'War Room' in the video above. The post James Carville Blames Trump's 'Idiot War' Plans on Syphilis: 'Obviously Diminished Mental Skills' | Video appeared first on TheWrap.

Crude Prices Slip as US Holds Back from Iran Attack
Crude Prices Slip as US Holds Back from Iran Attack

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Crude Prices Slip as US Holds Back from Iran Attack

July WTI crude oil (CLN25) Friday closed down -0.21 (-0.28%), and July RBOB gasoline (RBN25) closed up +0.0209 (+0.91%). Crude oil and gasoline prices settled mixed on Friday, with gasoline posting a 10-1/4 month high. Friday's weaker dollar was bullish for energy prices. SoftBank's Masayoshi Son Unveils $1 Trillion AI Hub Proposal for U.S. to Rival China Is a Summer Rally on the Horizon in the U.S. Natural Gas Futures Market? Crude Prices Pressured on Reduced Concern About an Imminent US Strike on Iran Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. Crude oil prices turned lower Friday after President Trump said he would wait two weeks to give diplomacy a chance before deciding if the US should attack Iran. Crude prices were also pressured on signs that Iran is ready to negotiate after Reuters reported that the Iranian government is ready to discuss limitations on uranium enrichment. Gasoline prices garnered support Friday after the American Automobile Association (AAA) projected that a record 61.6 million people would travel by car this Fourth of July holiday (June 28 to July 6), up +2.2% from last year and a sign of stronger gasoline demand. So far, Iran has not impeded ship movement through the vital Strait of Hormuz, which handles about 20% of the world's daily crude shipments. However, a French naval liaison group stated that navigational signals from over 1,000 vessels a day moving through the Strait had been disrupted due to "extreme jamming" of signals from the Iranian port of Bandar Abbas, which led to a collision of two tankers on Tuesday near the Strait of Hormuz. Oil prices continue to be undercut by tariff concerns after President Trump said last Wednesday that he intends to send letters to dozens of US trading partners within one to two weeks, setting unilateral tariffs ahead of the July 9 deadline that came with his 90-day pause. A decline in crude oil held worldwide on tankers is bullish for oil prices. Vortexa reported Monday that crude oil stored on tankers that have been stationary for at least seven days fell by -7.2% w/w to 73.97 million bbl in the week ended June 13. Concern about a global oil glut is negative for crude prices. On May 31, OPEC+ agreed to a 411,000 bpd crude production hike for July after raising output by the same amount for June. Saudi Arabia has signaled that additional similar-sized increases in crude output could follow, which is viewed as a strategy to reduce oil prices and punish overproducing OPEC+ members, such as Kazakhstan and Iraq. OPEC+ is boosting output to reverse the 2-year-long production cut, gradually restoring a total of 2.2 million bpd of production. OPEC+ had previously planned to restore production between January and late 2025, but now that production cut won't be fully restored until September 2026. OPEC May crude production rose +200,000 bpd to 27.54 million bpd. Wednesday's EIA report showed that (1) US crude oil inventories as of June 13 were -10.2% below the seasonal 5-year average, (2) gasoline inventories were -1.8% below the seasonal 5-year average, and (3) distillate inventories were -16.7% below the 5-year seasonal average. US crude oil production in the week ending June 14 was unchanged w/w at 13.431 million bpd, modestly below the record high of 13.631 million bpd from the week of December 6. Baker Hughes reported Friday that active US oil rigs in the week ending June 20 fell by -1 to a 3-3/4 year low of 438 rigs. Over the past 2-1/2 years, the number of US oil rigs has fallen from the 5-1/4 year high of 627 rigs posted in December 2022. On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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