Total U.S. stocks of crude and refined products dropped by 10.6 million barrels last week to 1.57 billion barrels, the lowest level since 2004.
The decline has been driven by large crude drawdowns, increased exports to Europe and Asia, and continued releases from the U.S. Strategic Petroleum Reserve.
Oil prices could rise significantly if the Strait of Hormuz remains closed to tanker traffic, while growing exports are increasing pressure on U.S. stockpiles.
The U.S. is increasingly acting as a key supplier to offset lost Middle Eastern production, but analysts caution that this buffer is not unlimited.
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The clashes occurred in the Howlwadag district following a buildup of government troops and clan militias aligned with opposition groups.
Federal forces targeted his compound while he was meeting with leaders from the influential Murursade clan. Khaire, who leads the opposition, said that the ensuing firefight caused multiple casualties and blamed the administration of President Hassan Sheikh Mohamud for the violence.
The operation was triggered after images circulated online showing heavily armed opposition fighters patrolling parts of the capital, which authorities viewed as a challenge to state control.
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Tabz - Live News
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I just had this doneโฆ *holds up chart comparing the reconstructed Lincoln Reflecting Pool to skyscrapers*
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Under the agreement, the ceasefire is contingent on a complete halt to fire by Hezbollah and the withdrawal of all Hezbollah operatives from the area south of the Litani River.
In the statement, Lebanon declared that it has no hostile intent toward Israel and designated Hezbollah as an enemy of the Lebanese state.
The parties also agreed to move forward with pilot zones in which the Lebanese Armed Forces would exercise exclusive security control, excluding all non-state armed groups.
Israel and Lebanon reaffirmed that they have no hostile intentions toward one another and committed to continuing direct negotiations aimed at building confidence, resolving outstanding disputes, and working toward a broader peace and security agreement.
The two sides will reconvene political and security talks during the week of June 22, with the U.S. continuing to facilitate discussions in the meantime.
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Kim said the country's capacity to produce weapons-grade nuclear material has more than doubled over the past five years and directed officials to further increase output to support long-term strategic objectives.
During the visit, he reviewed new production technologies, current output levels, and future plans, while stressing that growing security threats and what he described as a prolonged confrontation with hostile forces require a continued strengthening of North Koreaโs nuclear deterrent.
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Tabz - Live News
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U.S. officials say the repeated attacks have increased pressure on Trump and raised questions about the long-term durability of the truce.
Trump's reluctance to reignite the war suggests he might be willing to withstand smaller flare-ups for weeks, or even months, to avoid a broader conflict in the Middle East.
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Forwarded from Geopolitics Watch (Sana'a ๐ฟ)
#NEW
๐ฑ๐ง โ ๐ฎ๐ฑ ๐บ๐ธ - Hezbollah's Political Council Vice Chairman Mahmoud Qamati stated that all American and Israeli efforts will fail and that resistance to Israeli aggression remains intact. Qamati also rejected any American or Israeli say over Hezbollah's weapons, describing it as an internal Lebanese issue.
@GeoPWatch
@GeoPWatch
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Tabz - Live News
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