IMF’s epic plan to conjure away debt and dethrone bankers

Middle East gas/oil recovery slow; US & S. America gain share. Venezuela, Argentina, Brazil output surges.

US Treasury Secretary Bessent says Kharg Island is nearing storage capacity, costing Iran around $170mn per day in lost revenue and risking permanent damage to its oil infrastructure.

TPC's 6.7% gross margin & 17.6x P/E raise flags. FFBC's 8.8% revenue growth & 1x P/B lag peers. FIHL's margins drop 45.9 pts.

KNSA beats earnings estimates, revenue jumps 62% to $214M. Investors cheer, lifting stock 24%.

401(k) balances hit record $167,970, up 13%, but 6% took hardship withdrawals amid market gains.

LSTR beats EPS estimates on strong Q1 yield growth; heavy-haul booms, standard flatbed pressured. Upcycle signals?

Dow Jones/Market Watch cite analysts who say Kazakhstan and possibly Iraq could follow the UAE out of OPEC, though Baghdad has denied any plans to leave. Analysts warn a weaker OPEC will struggle to stabilise oil prices long term.