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Iran’s Deputy Foreign Minister Slams US For ‘Maximalist’ Demands

by Bibhu Pattnaik | Apr 18, 2026 | General

Iranian Deputy Foreign Minister Saeed Khatibzadeh has said that Tehran is not prepared to restart in-person negotiations with U.S. officials, arguing Washington is sticking to “maximalist” terms that block progress. His remarks came as Iran again tightened...

Elon Musk Says ‘If AI/Robots Increase Output, Then You Must Issue Dollars To People or There Will Be Massive Disinflation’

by Bibhu Pattnaik | Apr 18, 2026 | General

Elon Musk has argued that federally funded checks delivering a universal high income are his preferred response to job losses tied to artificial intelligence, framing it as an inflation-safe policy if automation expands real output fast enough. The idea is drawing...

Wall Street Rally Faces Key Test As Earnings, Geopolitics Drive Week Ahead

by Nabaparna Bhattacharya | Apr 18, 2026 | General

Wall Street heads into a high-stakes week after a powerful rally fueled by easing geopolitical tensions. A packed earnings calendar will now test whether the market’s momentum can be sustained. CNBC host Jim Cramer outlined his strategy for the upcoming trading week...

Robin Brooks Warns Europe Must Block Russian Oil Exports To Impact War Financing

by Bibhu Pattnaik | Apr 18, 2026 | General

In a recent post on X, Robin Brooks argued Europe has the tools to squeeze Russia’s war finances by stopping seaborne crude shipments leaving the Baltic, saying a U.S.-style cutoff has a track record of forcing exporters to bend. His call comes as oil traders...
Iran Shuts Strait of Hormuz Again as US Blockade Intensifies and Vessels Report Gunfire

Iran Shuts Strait of Hormuz Again as US Blockade Intensifies and Vessels Report Gunfire

by Bibhu Pattnaik | Apr 18, 2026 | General

On Saturday, Iran’s Islamic Revolutionary Guard Corps (IRGC) said in a statement that the Strait of Hormuz was shifted back to how it operated before April 17, putting the passage under tighter military oversight after what it described as U.S. interference with...

Strait of Hormuz Closed Again, Iran Says ‘Under the Strict Management and Control of the Armed Forces’

by Benzinga Senior Editor | Apr 18, 2026 | General

The Strait of Hormuz is once again closed. Iran’s military announced that the strait had “returned to its previous state” and “is under the strict management and control of the Armed Forces.” On Saturday, merchant ships trying to move...
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