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Developer of buckling NYC building facing $376M claims for ‘life-threatening’ shortcuts at celeb enclave

NY Post
1 month ago
MetroLoft, the developer behind the Manhattan high rise that suddenly buckled on Tuesday, is facing a $350 million-plus lawsuit at star-studded 443 Greenwich St.
Karen Talley

Porn site company fined £630,000 over failed age checks

BBC Tech
1 month ago
Ofcom has fined a slew of sites it says are failing to prevent children accessing their adult content.

Biden Defender JB Pritzker Now Claims Trump Has 'Dementia'

Zero Rss
1 month ago
Biden Defender JB Pritzker Now Claims Trump Has 'Dementia'

Authored by Luis Cornelio via Headline USA,

Illinois Gov. JB Pritzker, one of President Joe Biden’s most vocal defenders when the former president faced questions about his mental acuity, is now claiming President Donald Trump has dementia.

Pritzker made the remarks during a June 29 interview with CNN host Caitlin Collins while discussing Trump’s criticism of democratic socialism.

Trump had argued that socialism represents a similar threat to the country than historical crises.

“The man is continually suffering from dementia. I don’t think he really understands what he’s saying,” Pritzker stated, providing no evidence for his claim.

Gov. JB Pritzker says he thinks President Trump has dementia. "I really think that there's something genuinely wrong with him," he says, while adding, "I'm not a doctor." pic.twitter.com/Y2vrFvScz8

— Kaitlan Collins (@kaitlancollins) July 1, 2026

Pritzker’s comments mark a stark contrast from how he defended Biden during the 2024 presidential campaign, when questions about the former president’s mental fitness intensified.

Pritzker served as one of Biden’s fiercest campaign surrogates and even sat on his national advisory board.

For instance, when Special Counsel Robert Hur raised concerns about Biden’s memory, Pritzker quickly went on the defensive, going as far as accusing Hur of being politically motivated.

“I’ve been with the President of the United States many times. He is on the ball. The man knows more than most of us have forgotten,” Pritzker claimed in February 2024.

"Joe Biden is on the ball. The man knows more than most of us have forgotten."

- JB Pritzker in 2024. https://t.co/wBEn8sWFOP pic.twitter.com/pUCJRd0T2t

— Greg Price (@greg_price11) April 8, 2026

In 2023, ahead of the presidential election, Pritzker downplayed questions about Biden’s fitness for office, praising him as “a gem of a human” while describing Trump as “cruel, cowardly and small.”

Pritzker doubled down on his backing of Biden even after the former president’s disastrous performance in the 2024 presidential debate.

What do Illinois Democrats think of Joe Biden looking for a dead Congresswoman in a crowd yesterday?

JB Pritzker: “President Biden is doing the job that we asked him to do. He rescued us with the American Rescue Plan… I’m happy to support President Biden when he runs in 2024.” pic.twitter.com/0YP5cHfPg6

— Mark Maxwell (@MarkMaxwellTV) September 30, 2022

“Listen: Joe Biden is our nominee. I am for Joe Biden,” the Illinois governor claimed. “I’ve been campaigning for Joe Biden. I think you’ve seen I’ve got dates scheduled to go to Indiana, to Ohio for Joe Biden.”

Illinois Gov JB Pritzker told CNN's Kasie Hunt this week that Joe Biden either needed to stay in the 2024 race or he should've dropped out a lot sooner to allow for a primary. I asked him why he didn't say that when it mattered. pic.twitter.com/p2jqwDITtP

— Mark Maxwell (@MarkMaxwellTV) May 15, 2025

Pritzker’s attacks are in line with a broader Democratic strategy of weaponizing Trump’s age after years of dismissing concerns about Biden, despite mounting video evidence.

Tyler Durden Thu, 07/09/2026 - 07:20
Tyler Durden

Pakistani rescuers find wreckage of lost cargo plane as search for missing crew intensifies

NY Post
1 month ago
The plane may have crashed into the sea southwest ​of Karachi after a series of sharp altitude changes before a steep final descent.
Reuters

Why T.J. Saint’s Knicks summer league coaching stint may be a gateway to a bigger role

NY Post
1 month ago
Knicks fans should take a moment to get to know T.J. Saint, an assistant who will be the team’s summer league coach.
Jared Schwartz

Bonnie Tyler rocked out to ‘Total Eclipse of the Heart’ in final performance before tragic death

NY Post
1 month ago
In the weeks leading up to the 75-year-old singer's death, she was rushed to the hospital for emergency surgery and placed in a medically induced coma.
mliss1578

Bonnie Tyler rocked out to ‘Total Eclipse of the Heart’ in final performance before tragic death

NY Post
1 month ago
In the weeks leading up to the 75-year-old singer's death, she was rushed to the hospital for emergency surgery and placed in a medically induced coma.
Riley Cardoza

"We're Gonna Win Someday": Graham Platner Suspends His Senate Campaign

Zero Rss
1 month ago
"We're Gonna Win Someday": Graham Platner Suspends His Senate Campaign

Update: Graham Platner, the Democratic Party nominee for U.S. Senate in Maine, announced Wednesday that he's suspending his campaign. The move comes two days after Politico reported allegations of rape against him by a former girlfriend. He posted an emotional video explaining his decision.

"And I just want to make it clear this is all false," Platner said.

"The things that have been claimed did not happen; it's not real."

He described the past few days as an ordeal no regular person should have to survive, a normal guy suddenly thrust into a spotlight he says he never wanted. He accused the media and the political establishment of skipping the investigation entirely and jumping straight to a verdict.

"I learned about this through press inquiries with no time to truly respond, no time for investigations before a corporate media system and the political establishment got to act as judge, jury and executioner," he said.

"Accusations are supposed to be the beginning of things, not the end."

Platner claimed the allegations surfaced now for a specific reason. His official nomination locks in on July 13, and he says this was the last window anyone had to knock him off the ballot before that happened.

"I only have until July 13th until I am officially the nominee. This was the last week to try to get me off of the ballot, and that's why this is occurring," he said.

He argued the real threat was never the allegations themselves, but what the political establishment plans to do with them. Cut off his fundraising. Cut off his voter data. Starve the campaign of everything it needs simply to function. He made his read on their real preference painfully clear.

"They would rather see Susan Collins win than have me be the next senator from Maine," he said.

He leaned heavily on his June 9 primary win, in which he pulled in more votes than any primary candidate in Maine's history, to argue that whatever happens next should be decided by voters, not party insiders in Washington.

"It needs to be open, transparent, and Democratic," he said.

"Party apparatchiks are not the ones to make these decisions."

Then, the announcement itself.

"We are suspending campaign operations," Platner said, adding that he intends to file paperwork to formally withdraw from the race.

He framed the decision as anything but an admission of guilt; instead, he blamed outside forces for making it impossible for the campaign to continue functioning, even after beating what he called one of the most entrenched political systems in the world just weeks earlier.

"We went toe-to-toe with one of the most entrenched political systems in the history of the world, and we won," Platner said.

"We beat them on June 9th in overwhelming numbers."

Before signing off, he insisted the movement, and the ballot line his name currently occupies, still belongs to the voters who built it, not to party leadership in Washington.

"But now the ball is in the court of the democratic establishment," Platner said.

"My name might be on the ballot right now, but that ballot line belongs to the people of Maine."

Platner closed by thanking his supporters.

"From the bottom of my heart, thank you," Platner said. "Thank all of you and keep fighting. We're gonna win someday."

My name might be on the ballot right now, but that ballot line belongs to the people of Maine. pic.twitter.com/RKVyLU76tm

— Graham Platner for Senate (@grahamformaine) July 9, 2026

*  *  *

As we detailed earlier, Graham Platner is supposed to be finished. The Democratic nominee for Senate in Maine faces a rape allegation, Bernie Sanders and Elizabeth Warren have pulled their endorsements, and the Democratic Senatorial Campaign Committee has told him they won't spend any money on his campaign if he stays on the ballot. He has until Monday to withdraw before Maine law locks Democrats into running him in November, whether they like it or not.

By every conventional measure, Platner should be packing his bags.

Instead, he is negotiating. Platner has reportedly told the Maine Democratic Party that any replacement must match his own ideological commitments, a demand that has left party strategists sputtering. So far, Rep. Valli Geiger (D-Rockland) says Platner is urging her to try and take his place on the ballot. Dan Pfeiffer, once a senior adviser to Barack Obama, wrote on his Substack that continuing the race is not an option for Platner and predicted a "zombie campaign marching on to certain defeat with no support and no resources." Chris Cillizza was blunter on X, telling Platner he has "zero leverage."

Platner trying to negotiate who will replace him suggests he has a deep misunderstanding of his current situation.

You have zero leverage, dude.

— Chris Cillizza (@ChrisCillizza) July 7, 2026

Pfeiffer and Cillizza are wrong, and the reason exposes something uncomfortable about the position Democrats have put themselves in.

Platner does not have to withdraw, and the reason he holds most of the cards is simple: the party has nothing it can offer him to leave quietly. The traditional exit ramp for a troubled nominee involves some quiet exchange, a future appointment, a promise of support down the road, and a graceful landing somewhere else. None of that works for Platner because dropping out after winning the nomination, with his baggage, makes him too damaged.

His campaign has also functioned as a vehicle for the Democratic Socialists of America, an organization working methodically to take over the Democratic Party from the inside rather than build a third option outside it.

The other detail Pfeiffer and Cillizza skip past is that Platner won his primary fair and square, and voters knew what they were getting. The Nazi tattoo, the self-described communism, the sexting with multiple women, his old presence on a site associated with child predators, a credible accusation that he abused a former girlfriend: all of it was public before the primary.

When the first abuse allegation surfaced during the campaign, Democratic officials rallied around him, and his campaign posted its best single fundraising day of the race. Sanders campaigned with him at "Fight Oligarchy" rallies. Rep. Ro Khanna flew to Portland to stand beside him. The New York Times even sat on a rape accusation against Platner despite believing the allegation was credible. None of that was a secret to the people now demanding his exit. What changed was the polling.

Platner had already gone from +6 in the polls to +1 after the sexting allocations. And today's allegations are a magnitude of order more serious. pic.twitter.com/MAxGoSuslc

— Nate Silver (@NateSilver538) July 6, 2026

Democrats spent months rationalizing their support for a candidate they now describe in private as a liability, largely because he looked like their best shot at unseating Sen. Susan Collins, a race the party repeatedly said was central to retaking the Senate majority. For Platner, as long as the numbers held, concerns about his character were excused. Now that the race has tightened, the establishment wants him gone, and it is dressing up a polling problem as a moral awakening.

The Maine Democratic Party is even starting to develop a process to replace Platner, if he withdraws.

"While the Platner campaign remains focused on distracting from the job of defeating Susan Collins in November with false accusations against us, the Maine Democratic Party remains hyper focused on developing a representative, transparent and inclusive process to select a new nominee when he chooses to withdraw from the race," Devon Murphy-Anderson, Executive Director of the Maine Democratic Party, said in a statement. "While we may be frustrated with Graham Platner's continued efforts to manipulate this process, we are so thankful for his supporters and all of their efforts to defeat Susan Collins - they are a vital part of our Party and deserve to participate in an open process to select Platner's replacement."

Congratulations to national media on politically assassinating Graham Platner. If he drops out and Democratic Party tries to give us two candidates who are both for Israel and corporate pacs, they'll face a revolt like they've never seen. Days of bullshit false choices are over.

— Cenk Uygur (@cenkuygur) July 7, 2026

But, Platner understands the mechanics of his own situation better than his critics do. He has every reason to believe he can either insist on the candidate of his choice to replace him (he’s reportedly urging Maine State Representative Valli Geiger, (D-Rockland) to take his place, but there’s no guarantee the party will back her) or stay in and carry on by simply denying the allegations, and his DSA-aligned supporters are already framing the pressure campaign as a hit job

If Platner drops out, his political career ends with him.

He knows that.

If he stays, national Democrats face an unpleasant choice: abandon a Senate seat they have spent a year calling essential, or hold their noses and back a nominee they cannot control and increasingly cannot defend.

Maine primary voters already absorbed most of what is now scandalizing Washington, and forcing Platner off the ballot risks convincing his base that the accusations are simply the latest excuse from a party establishment that never wanted him in the first place. Platner's defiance is a clear sign that he knows he has all the leverage here, and the establishment must decide what to do about it.

Tyler Durden Thu, 07/09/2026 - 06:58
Tyler Durden

Canada Just Unleashed Its Fastest-Growing Oil Boom In A Decade

Zero Rss
1 month ago
Canada Just Unleashed Its Fastest-Growing Oil Boom In A Decade

Who says price isn't a rationing mechanism?

Rather than sink billions into long-term oil sands projects, Alberta energy companies are increasingly chasing the Clearwater formation, a conventional heavy oil field that allows producers to capitalize on rising crude prices far more quickly, according to Bloomberg.

The surge in activity has been significant. Alberta approved 1,764 drilling licenses between Jan. 1 and June 12, the busiest start to a year since 2014. Roughly one-fifth of those permits were for Clearwater wells, marking the highest proportion ever recorded.

The formation is increasingly changing how producers respond to higher oil prices. Traditional oil sands projects often require years of planning, construction, and billions of dollars before generating a single barrel of crude. Clearwater, by contrast, produces a similar heavy grade of oil using horizontal multilateral wells, eliminating the need for expensive steam-assisted extraction and allowing companies to ramp up output much faster.

According to Tamarack Valley Energy CEO Brian Schmidt, the economics are hard to beat. "It doesn't take a whole bunch of capital to get started," he said, calling the play one with no equal among conventional oil fields.

Bloomberg writes that Clearwater's rapid growth has helped elevate several smaller companies into major players. Tamarack Valley and privately owned Spur Petroleum now rank among Alberta's largest oil producers, despite competing against companies with far larger oil sands operations.

Tamarack has been one of the most aggressive operators this year, securing 89 drilling approvals through mid-June, including 80 in the Clearwater. The company recently sold assets outside the region for C$804 million to concentrate entirely on the play while modestly increasing its capital spending plans.

Headwater Exploration has also stepped up investment after lifting its oil price assumptions in the wake of geopolitical tensions involving Iran. The company now expects production growth of about 10% this year, helped by expanded water-flooding operations that improve recovery rates from existing wells.

Once considered a little-known resource, the Clearwater has emerged as one of Canada's fastest-growing oil regions since attracting industry attention in 2017. Output has climbed from roughly 30,000 barrels per day to more than 230,000 barrels daily, while provincial estimates suggest the formation contains about 1.6 billion barrels of recoverable oil.

Schmidt believes the next phase of the play will be driven by acquisitions as larger operators absorb smaller rivals. "There'll be more consolidation in the Clearwater," he said.

Tyler Durden Thu, 07/09/2026 - 06:55
Tyler Durden

Ukrainian drones batter Russian oil facilities, set more oil tankers ablaze

NY Post
1 month ago
Ukraine’s strikes on oil refineries and other infrastructure across Russia has triggered a widespread fuel crisis.
Associated Press

New Jersey’s outrageous union giveaways are paving a road to ruin

NY Post
1 month ago
New Jersey has spent decades substituting government mandates for market competition and individual freedom. The bill for that overreach is now coming due.
Erin Wilcox

Do you need ‘personalized sunlight’? New device boosts vitamin D —without going outside

NY Post
1 month ago
A new product is on the market eliminating the 95% of UVA present in sunlight, claiming to deliver just enough UVB to stimulate vitamin D production.
Allie Yang

Looksmaxxing influencer Connor Murphy’s Thai rental home was found in state of filthiness after drowning death age 32

NY Post
1 month ago
Texas looksmaxxing influencer Connor Murphy’s luxury Thai home, which he rented with his girlfriend, was found in a state of squalor after his drowning death at the age of 32, shocking pictures show. A gray and yellowish paint-like substance had been smeared on the walls and ceiling of the once pristine lakeside home in Samut...
Chris Bradford

Thirty state treasurers urge Trump to release $39B in unclaimed war and savings bonds to Americans

NY Post
1 month ago
The state treasurers argued that the original bond owners had died without telling heirs, lost records or simply forgot – but their matured savings deserve to be reunited with their families, not held by the government. 
Taylor Herzlich

Cocoa Prices Rally As Jefferies Warns Of "Perfect Storm" In West Africa

Zero Rss
1 month ago
Cocoa Prices Rally As Jefferies Warns Of "Perfect Storm" In West Africa

Cocoa futures in New York have doubled since the start of March and have now climbed back toward levels not seen since late 2025, around $6,000 a ton, as Jefferies analysts warn that a "perfect storm's a-brewing" across West Africa, the world's top cocoa-farming region.

Jefferies analyst Scott Marks wrote in a note on Tuesday that new weather concerns center on Ivory Coast and Ghana, the world's top cocoa-growing regions.

He said that temperatures in both countries have been about 2F below five-year averages since March, while rainfall in June ran about 46% above average in Ivory Coast and 52% above average in Ghana. Excess rain increases the risk of black pod and brown rot. 

Early surveys of Ivory Coast's 2026/27 crop point to below-average cherelle formation and poor pod development.

Industry estimates now show around 1.7 to 1.8 million metric tons, down about 18% from roughly 2.2 million tons in 2025/26, the analyst noted.

Global cocoa market snapshot still dire:

A 2024/2025 estimated global cocoa surplus of ~48 thousand tons is now expected according to ICCO reports published May'26, below prior estimates of ~75 thousand tons

With the global cocoa stock-to-grinding ratio still below the historical avg, but an improvement from the 2023/24 season

Beyond the current adverse weather conditions in Ivory Coast and Ghana, traders are also monitoring the risk of an El Niño later this year, which could produce hot, dry winds that sweep across West Africa and further damage cocoa output.

Tyler Durden Thu, 07/09/2026 - 05:45
Tyler Durden

How to watch Wimbledon 2026 women’s semifinals for free: Time, livestream

NY Post
1 month ago
No matter what the results of today's matches are, the Wimbledon championship match will feature two first-time finalists.
Angela Tricarico

Samantha Baker’s neighbor reveals chilling details of ‘loud’ fight before teen son allegedly stabbed Ala. mom to death

NY Post
1 month ago
“She does talk kind of rude about the kids … and, you know, they are teenagers,” the neighbor said.
Georgia Worrell

Iran Hits Back, Launching Missiles On Bahrain, Kuwait, Qatar - Ignoring Trump's Warning Of "Much Worse" Bombing

Zero Rss
1 month ago
Iran Hits Back, Launching Missiles On Bahrain, Kuwait, Qatar - Ignoring Trump's Warning Of "Much Worse" Bombing Summary
  • Iran retaliates: air defenses reportedly active over Bahrain, Qatar, Kuwait.
  • Trump threatens "it will get much worse" after Wednesday night US attack wave commences along Iran's coast.
  • Trump tells NATO summit that Iran wants to assassinate him: "on every single one of their list."
  • Iran threatens to reclose the Strait of Hormuz and suspended final talks with the US.
  • The US earlier revoked an Iranian oil waiver & now signals readiness to restore a maritime blockade.
  • Trump said the ceasefire is over and warned of fresh US strikes on Iran, probably "tonight".
  • Oil jumps above $80 as fears of renewed conflict & return to Hormuz Strait closure intensifies.
//--> //--> Strait of Hormuz traffic returns to normal by August 31?
Yes 19% · No 82%
View full market & trade on Polymarket

*  *  *

Iranian Retaliation: Air Defenses Active Over Bahrain, Kuwait

Nearing 5am Tehran time, and there are incoming reports of Iranian retaliation against Gulf states, which it seems is set to become a predictable pattern - after hours ago the US launched fresh airstrikes on Iranian island and coastal areas near the Hormuz Strait. According to developing reports via AFP and other sources:

  • Explosions heard in Bahrain after air raid sirens: AFP
  • Kuwait says responding to 'hostile' missile, drone attacks
  • U.S. forces struck two railway bridges in northern Iran with cruise missiles—the first U.S. attack on Iranian infrastructure since the April 8 ceasefire.

Reports (unconfirmed) also suggest that missiles are being fired on Qatar - which hasn't happened in quite a while. Iran has reportedly launched ballistic missiles at the US Al Udeid Air Base in Qatar, in a first since early March. 

🇮🇷🇶🇦⚡️BREAKING: Iran has also launched ballistic missiles towards Qatar, for the first time in months. pic.twitter.com/h73hDqc6Ef

— MonitorX (@MonitorX99800) July 9, 2026

Meanwhile, the view from Russia on two war theatres escalating once again, and at the same time...

MoU is over. The new phase of the war begins. The escalation with Russia is going to grow.

— Alexander Dugin (@AGDugin) July 8, 2026 Trump Threatens "Much Worse" Bombing If Iran Doesn't Stop Attacks

Following the earlier (threatened) strikes. President Trump has taken to his Truth Social account to explain to Iran what happens next:

"This is in retribution for yesterday’s bombing of ships by Iran. If it happens again, it will get much worse!"

His post also included the following image of an alleged explosion in Chabahar (though it is unclear if this is a current photo)...

We suspect this will only serve to further bolster whatever group is actually attacking the tankers.

Another US Strike Wave On Iran Commences

After 11pm Tehran time, there are fresh reports of explosions across multiple locations along Iran's coast, coming from several regional sources:

  • Explosions heard in Bandar Abbas and Sirik in the south of the country
  • Explosions heard in several areas of Hormozgan, Al Jazeera reports;
  • Air defenses activated on Sirik Island
  • Explosions reported in Bandar Abbas, Iran, Jerusalem post reports

This has come within hours of Iran having announced the suspension of talks on a final settlement with the United States. Also, President Trump earlier during the NATO summit warned that more US strikes would be forthcoming tonight - it appears he's making good on this threat. "I'll give a little warning: We're going to hit them hard tonight," he told reporters just before his meeting with Ukrainian President Volodymyr Zelensky.

Reports of IRGC base targeted & struck:

U.S. strikes targeted a base operated by Iran’s Islamic Revolutionary Guard Corps (IRGC) in the Southern Iranian city of Bushehr, on the coast of the Persian Gulf. pic.twitter.com/Lt7wW6JAuL

— OSINTdefender (@sentdefender) July 8, 2026

More images emerging from the nighttime raids:

ARMAGEDDON-LIKE MOMENT in Iran's southern port city of Chabahar as Trump's DEVASTATING STRIKES LIGHT UP NIGHT SKY

Maritime traffic control tower REPORTEDLY DESTROYED

Reports of CITYWIDE POWER OUTAGES pic.twitter.com/dp7hush6dh

— RT (@RT_com) July 8, 2026

Like last night, Iran's military is expected to respond, after the following warning: Iran's Deputy Foreign Minister says recent actions by US won't stay without response, IRIB reports. Below is confirmation that the attacks are indeed underway:

  • The US has informed Tel Aviv that it will launch powerful strikes against Iran tonight, Al Arabiya reports citing an Israeli source
  • Iranian opposition sources report that maritime industries, shipyards, and the Revolutionary Guards' naval base in Bandar Abbas were attacked, report Kan News
  • Wednesday's strikes were broader in scope than the strikes the day before, targeting IRGC coastal radars, anti-ship missile sites and air defense systems, Axios' Ravid reports citing a senior US official

Trump Tells NATO Summit Iranians Want To Assassinate Him

President Trump while giving a closing address at the end of the NATO summit in Ankara repeatedly claimed that Iran was plotting to assassinate him, saying he was "on every single one of their list." He claimed: "They want to take out the US Leader. I'm on every single one of their list. So far, I've had a bit of luck, but maybe it won't last. They're evil and sick people, and we must get rid of this cancer."

He suggested that it's time to "finish the job" and yet at other times while fielding questions from reporters shied away from laying out anything that sounds like regime change. Instead he opted to again talk about how the US can never allow Iran to have a nuclear weapon. He again stressed that "lunatics" can never have a nuclear weapon.

On the claimed assassination plot, it's unclear whether he has something specific in mind, in terms of a recent statement from the Iranian government. He could be referencing media reports from earlier this week quoting mourners and speakers at Khamenei's funeral. For example the following was in a Tuesday Reuters report:

As they passed under a bridge, mourners hurled stones at a billboard hung from above ​showing U.S. President Donald Trump with a bullet aimed at his head.

"The U.S. killed our father," it read. "We won't let you go!"

As demonstrators set fire ​to U.S. and British flags, women in black chadors held aloft red placards with the English words "KILL TRUMP" in black letters.

Others held ⁠aloft posters with the faces of Trump, Vice President JD Vance, Defense Secretary Pete Hegseth or Israeli Prime Minister Benjamin Netanyahu, each depicted in the crosshairs of a ​gunsight, with the words "There will be blood".

Ahead of more potential renewed strikes on Iran tonight, CENTCOM is saying its forces are at the ready:

Today, more than 20 U.S. Navy warships are patrolling waters across the Middle East as CENTCOM forces continue promoting regional security and stability. Last month, U.S. naval warships and aircraft transited the Arabian Sea in close formation, demonstrating unmatched American… pic.twitter.com/gnfRIKAYJl

— U.S. Central Command (@CENTCOM) July 8, 2026 Iran Threatens To Reclose Strait, as US Military 'Ready' to Restart Blockade

Iran has once again threatened to close the Strait of Hormuz, according to state broadcaster Press TV on Wednesday, citing an Iranian official. Iran is of course planning strait only under its own arrangements, or a protocol involving collection of fees and utilizing a designated route close to its coast, "as per the Islamabad Memorandum of Understanding (MoU)."

The Iranian official further warned the military stands ready to "strike at least twice the number of targets hit" in response to any strikes by the United States. "The developments of the past 48 hours show Iran won't back down from managing the Hormuz," the source noted.

  • "The U.S. military stands ready to restart the blockade of ships to and from Iranian ports if ordered to do so, a U.S. official tells Fox News", Fox's Friden reports.
  • "Iran suspends talks on a final settlement with the United States", TASS reports citing an Iranian source.

"Any threat will receive a powerful response," the official was quoted in Press TV as saying, and warned further that the Islamic Republic's armed forces do "not distinguish between the United States and its partners in the region." The official warned Trump that the US "will gain nothing" from making such threats.

"He (Trump) will certainly lose both the Strait of Hormuz and the negotiations over a final agreement," said the source. "The choice is now his." Meanwhile...

OIL EXTENDS GAINS, BRENT CRUDE RISES ABOVE $80 A BARREL

And WTI...

Trump: "Probably Hit Iran Tonight"

After earlier saying from the NATO summit in Ankara that the Iran ceasefire is "over" - and amid fears of renewal of full-scale war given that Tehran has launched drone and missile attacks on nearby American allies Kuwait and Bahrain once again, President Trump said on Wednesday that he would "probably hit Iran tonight".

He issued the major threat and warning during a press conference at the NATO summit: "I'll give a little warning: We're going to hit them hard tonight," he told reporters just before his meeting with Ukrainian President Volodymyr Zelensky. He later lambasted Iran for "killing soldiers, killing people for 47 years," and that because of that, the US has "a score to settle." He added: "We may just do it without a deal." He also sought to once again explain his view that it's not about regime change, but about the nuclear issue.

Geopolitical news source DropSite is pushing back against some of Trump's newest claims, particularly that Iranians security services gunned down "54,000 protesters" during the January economic protests, commenting:

Trump today claimed Iran’s revolutionary regime killed 54,000 protesters at the start of the year, inflating the 40,000 figure he repeated through much of the US-Israeli war to justify and build support for U.S. action. There is no evidence for either figure.

HRANA, which has received U.S. funding, documented about 7,000 deaths, including many Iranian security and police. Iran puts the death toll just above 3,100 and says rioters killed civilians during protests that were overtaken by Israel- and U.S.-backed armed elements. Scores of videos from the January 2026 riots show armed men destroying mosques and government buildings and carrying out vigilante killings of security personnel.

Meanwhile, it's not a war, Trump has repeated... but what's next and what is the ultimate endgame here? Is there a coherent strategy yet? Trump further on Wednesday, while speaking alongside Zelensky and fielding questions, floated that "if we have to we will take out higher level targets" - and that "we may take over Kharg Island". He again admitted the Iran deal may not stick, after the US "knocked out 28 boats last night". He further warned that US forces will probably take out more boats tonight.

  • TRUMP, ON ATTACKS TONIGHT: NOT A THING IRAN CAN DO ABOUT IT
  • TRUMP:WOULD HATE TO STRIKE DESALINATION PLANTS, BUT MAY HAVE TO
  • TRUMP: WE MAY PUT DOWN THE BLOCKADE ON IRAN
  • TRUMP: BLOCKADE WOULD ONLY APPLY TO IRAN

Trump on Iran War:

This is not a war. It's the denuclearization of Iran. pic.twitter.com/k51XHDATXF

— Clash Report (@clashreport) July 8, 2026 Trump on Ceasefire, MoU Deal: "I think it's over; they're scum."

Brent crude futures jumped more than 6% in London after President Trump told reporters at a press conference in Ankara that the tentative ceasefire with Iran is over.

"To me, I think it's over. I don't want to deal with them anymore; they're scum," Trump told reporters. 

Trump says the ceasefire between U.S. and Iran is over.

"To me, I think it's over. I don't want to deal with them anymore; they're scum", the U.S. president says.

Live updates: https://t.co/l9KwsXPz0p pic.twitter.com/mqfE5qKOHe

— Sky News (@SkyNews) July 8, 2026

Trump's remarks came after Iran launched missiles and kamikaze drones at several merchant vessels in the Hormuz chokepoint on Tuesday. This was countered by overnight US strikes, as fears of conflict erupting once more are on the rise.

However, Trump stopped short of saying the U.S. would restart the war and said he would let talks continue if the parties were willing.

Crude Update

In European trade, front-month Brent crude futures jumped 6% to $78.63 a barrel, while West Texas Intermediate rose 6.2% to $74.85 a barrel. Natural gas prices rose as well, with the benchmark Dutch TTF contract up 4.8% to 49.04 euros per megawatt-hour.

Hours before the strikes, the US Treasury revoked a sanctions waiver that had allowed Tehran to sell oil, reversing a key element of the interim deal.

Trump also told reporters that he would continue to let his negotiators talk to Tehran, though he thought "they're wasting their time."

Eroding Confidence in Strait's Reopening

On Tuesday afternoon, the Joint Maritime Information Center upgraded the Hormuz risk rating to "Severe" after three tankers were targeted by Iran. This renewed uncertainty in the critical waterway will only pressure the normalization of vessel flows.

"Every renewed attack on commercial shipping further erodes confidence in the Strait's reopening, making each future recovery more fragile than the last," said Michelle Brouhard, head of policy and geopolitical risk at Kpler. "If every reopening is assumed to be temporary, freight rates remain elevated, insurance costs remain high and fewer vessels are willing to re-enter the Gulf."

Dominic Ellis, UBS equity analyst covering oil and gas, wrote in a note:

The US carried out a new round of strikes against Iran in response to recent Iranian attacks on commercial vessels in the Strait of Hormuz. Iran in turn launched missile and drone attacks on US assets in Kuwait and Bahrain. While this latest escalation does not mean an end to the diplomatic progress made in recent weeks, it underscores the challenges of diplomacy when both sides believe they have the upper hand.

Markets were too quick to buy into the de-escalation narrative in my view, and while there has been evidence of progress and of a rebound in vessel flows via the Strait of Hormuz, the latest developments may lead to more realistic expectations on the return to normalcy and a slightly higher range for oil in the near term.

The likelihood of a spike above $100/b remains low, however, even in the event of further tit-for-tat strikes in the Middle East, given the surprise sustained drop in Chinese crude imports.

Latest Bloomberg data tracking ships transiting the Hormuz chokepoint with transponders on remain elevated, but the number of vessels making the East-West route has fallen dramatically, while West-East remains steady.

Also, note that the oil market's forward curve has shifted into backwardation. This occurs when near-term futures trade at a premium to longer-dated contracts. The shift shows traders are once again willing to pay up for immediate crude supplies.

More Geopolitical Headlines

via Newsquawk...

Iran Commentary

  • Iranian Parliament Speaker Ghalibaf said the US has violated major parts of the MoU, citing US attacks on southern Iran, reinstating oil sanctions and threats of further strikes as MoU violations.
  • Iran's Foreign Ministry states that the US activity overnight has "rendered important and fundamental parts of the Memorandum of Understanding on the End of the War ineffective".
  • Iranian President Pezeshkian said the US, whether as World Cup host or in its foreign policy, manipulates the rules and resorts to deception, and that Iran rejects such tactics.
  • Iran's top joint miliary command said Iran will give a crushing response to America's aggression and terrorist action, and under no circumstances will they allow them to interfere in the affairs of the Strait of Hormuz and its management.
  • Advisor to Iran's Supreme Leader said US President Trump intends to attack again and we are fully prepared.
  • Iran's Foreign Ministry condemns the US Treasury's move to revoke the temporary suspension of sanctions on Iranian oil sales, will take any measure it deems necessary to safeguard its interests and national security. Iran holds the US government responsible for the consequences of the breach of the Memorandum of Understanding.

Overnight Attacks

  • Several explosions have been heard in Bushehr, Iran, according to Mehr news; Mehr's journalist on Kharg Island denies reported of an attack on Kharg, despite some reported of an incident being published. Elsewhere, sirens were reported in Bahrain once again.
  • Renewed explosions sounds heard around Iran's Qeshm and Sirik, Mehr reported.
  • Iran's army said it targeted the Sheikh Isa Base in Bahrain and warns of more attacks if the US repeats strikes on Iran, Mehr reported.
  • Iran's IRGC said that, in response to the US aggression, they hit 85 important US military installations in Port Salman, Bahrain's 5th Maritime Zone and Kuwait's Ali Salem Air Base.
  • Iran's IRGC said they downed a US Mq9 drone in the south of Iran, Press TV reported.
  • Iran fires several anti-ship missiles and drones towards US Navy warships in the Sea of Oman, Fars reported citing the Middle East Spectator.
  • A US official said the strike on Iran was a punitive action, not a proportional response, and that the operation will not end in the short term, CNN reported.

US Commentary

  • US President Trump said the Iran ceasefire is over "I think"; as far as I am concerned, it is a waste of time dealing with Iran. On the MoU, "think it is over". Adds, "I do not want to deal with Iran", they are a "bunch of liars".
  • US President Trump said (on Iran) he will allow US negotiators to continue to talk if they want. But, "I think this is a waste of time".
  • US President Trump said have had some great meetings; attacked very powerfully against Iran last night. Have wasted a lot of time with Iran. Iran does not know what it is doing. Iran shot rockets at the ships, which is why the US shot back. Iran is a "dirty" player, "are scum".
  • US President Trump approved the Iran strike plan and ordered it while in Turkey, a US official tells Axios' Ravid; the official said it is still unclear how long the strikes are going to continue.
  • US Secretary of Defence Hegseth has cancelled his visit to Israel, N12/Ynet report.

Others

  • Turkish President Erdogan said Europe must take more responsibility when it comes to NATO.
  • US President Trump said China is attempting to takeover the Panama Canal, will not let this happen. China has been treating the US right. Big fan of Chinese President Xi.
  • Ukrainian Armed Forces said Kyiv is under missile attack.
  • Israeli fighter jets carried out attacks in Barachit and Beit Yahoun in southern Lebanon.
  • A Pakistani Boeing (BA) plane flying to Karachi has crashed, with sources stating the plane was mistakenly targeted by the US, IRIB reported.
  • Chevron’s (CVX) Yasa Polaris oil tanker, used for CPC shipments, was attacked by drones off Russia’s Black Sea coast, according to sources.
  • Russia’s Gazprom said Ukraine attacked facilities of gas exports to Turkey; supplies not affected.
  • Ukraine's Military said it struck two oil refineries, six tankers, bridges and the Borisoglebsk airfield; AIF-NK oil refinery in Nizhny Kamsk was also damaged.
Tyler Durden Thu, 07/09/2026 - 05:30
Tyler Durden

Bonnie Tyler, ‘Total Eclipse of the Heart’ singer, dead at 75

NY Post
1 month ago
"Total Eclipse of the Heart" singer Bonnie Tyler has died. She was 75.
mliss1578

Bonnie Tyler, ‘Total Eclipse of the Heart’ singer, dead at 75

NY Post
1 month ago
The singer was initially rushed to the hospital in March where she underwent emergency surgery.
Jolie Zenna, Nicholas McEntyre

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