US Gasoline Prices Could Top $4 Per Gallon Within Days
US gasoline prices could top $4 per gallon within a week, driven by rising crude oil prices amid renewed hostilities in the Middle East and tight global fuel markets.
How this call is verified
▼ Bearish
call was checked against the actual S&P 500 price 24h later:
✓ Hit (-0.43%).
Bar: S&P 500 ±0.3% within 24h · every verdict lands on the public ledger
Key takeaway
"US Gasoline Prices Could Top $4 Per Gallon Within Days" — BullBear's AI rates this story as a bearish (negative) signal for markets, with a market-impact score of 80 out of 100. US gasoline prices could top $4 per gallon within a week, driven by rising crude oil prices amid renewed hostilities in the Middle East and tight global fuel markets. Reported by ZeroHedge on July 15, 2026. The call is verified against the actual 24-hour price move on BullBear's public conviction ledger.
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US Lifts Sanctions On Iraqi Airline Blacklisted Over IRGC Ties
Via The Cradle
The US Office of Foreign Assets Control (OFAC) lifted sanctions on Iraq's Fly Baghdad Airlines and two of its aircraft on Wednesday, clearing a carrier Washington had blacklisted in January 2024 over alleged support for Iran's Islamic Revolutionary Guard Corps (IRGC) Quds Force.
The Baghdad-based carrier was delisted from the Specially Designated Nationals (SDNs) list under each of its three registered names, Fly Baghdad Airlines Company, Fly Baghdad, and Iraq Express.
@JetPhotos
Two Boeing 737 aircraft flown by the airline, carrying the tail numbers YI-BAF and YI-BAN, were removed from the list at the same time.
A US Treasury official, who spoke anonymously, told AFP that the airline had cleared the department's administrative reconsideration process.<
China Is Betting AI, Hypersonic Missiles And Quantum Technology Will Define The Next Era Of Warfare
As China races to modernize its armed forces, its strategy is increasingly centered on developing technologies that could offset America's traditional military advantages instead of matching the U.S. system for system, according to the South China Morning Post.
That philosophy dates back to Unrestricted Warfare, a book published in 1999 by former PLA strategist Qiao Liang. Rather than copying America's arsenal, Qiao argued China should focus on capabilities Washington lacks. Nearly three decades later, he says the concept still applies. Modern militaries, he said, are now "building weapons for the wars they expect to fight, rather than fighting wars with the weapons they possess."
With the People's Liberation Army approaching its 100th anniversary next year, Beijing is expected to unveil another round of modernization goals as it works toward Xi Jinping's objective of creating a "world class military" by 2049. Analysts say the focus has shifted beyond simply catching the United States. China wants to help define the next era of warfare through artificial intelligence, quantum technology, hypersonic missiles, laser weapons and autonomous systems.
That ambition is perhaps most visible in aviation. The public appearance of China's tailless sixth generation fighter pro
Rewritten: Fed official Daly backs rate decision, cites inflation dangers.
Fed's Daly supported the recent rate decision but also warned of inflation risks. This suggests a potential continuation of the current monetary policy stance while leaving the door open for further tightening if inflation persists.
The recent monetary policy actions, coupled with pronouncements from Federal Reserve officials, signal an ongoing commitment to addressing inflationary pressures. This sustained focus on price stability suggests that restrictive policy measures may remain in place, influencing investor sentiment towards a more cautious outlook. The persistent concern over inflation, even amidst policy adjustments, could translate into subdued consumer demand and tempered business expansion plans. Such macroeconomic conditions may lead to a reevaluation of asset valuations and a potential shift in portfolio allocations. Investors might prioritize capital preservation and seek out investments perceived as less susceptible to economic downturns, potentially reducing engagement with higher-risk assets as the economic landscape adapts to these policy priorities.
The recent monetary policy actions, coupled with pronouncements from Federal Reserve officials, signal an ongoing commitment to addressing inflationary pressures. This sustained focus on price stability suggests that restrictive policy measures may remain in place, influencing investor sentiment towards a more cautious outlook. The persistent concern over inflation, even amidst policy adjustments, could translate into subdued consumer demand and tempered business expansion plans. Such macroeconomic conditions may lead to a reevaluation of asset valuations and a potential shift in portfolio allocations. Investors might prioritize capital preservation and seek out investments perceived as less susceptible to economic downturns, potentially reducing engagement with higher-risk assets as the economic landscape adapts to these policy priorities.
Former Haitian Police Officer And Naturalized US Citizen Pleads Guilty To Gun Running
Authored by Michael Clements via The Epoch Times,
A naturalized U.S. citizen and former Haitian National Police officer pleaded guilty to smuggling at least 140 firearms to Haiti.
Soldiers patrol amid the sound of gunshots heard in the distance in Port-au-Prince, Haiti, on Oct. 17, 2024. Odelyn Joseph/AP Photo
Jean Robert Casimir, 53, of Lauderhill, Florida, pleaded guilty in U.S. District Court for the District of Columbia to conspiracy, smuggling, and violation of the Export Control Reform Act on Tuesday, Aug. 4.
According to court records, Casimir admitted to engaging in an extensive firearms trafficking operation since 2020.
He was arrested on Dec. 16, 2024, in Lauderhill and indicted
Rewritten: Precious metals climb as yields drop, oil fears recede.
Gold and silver prices surged to highs as easing yields and hopes surrounding the Hormuz Strait capped oil inflation fears.
The recent ascent in gold and silver values, coinciding with a decline in bond yields, indicates a possible reallocation of capital towards assets perceived as more secure. This trend, occurring alongside a reduction in anxieties surrounding oil price inflation potentially linked to geopolitical events in the Strait of Hormuz, suggests a nuanced adjustment in market expectations. The correlation between lower interest rates and increased demand for precious metals implies that investors might be anticipating persistent inflationary pressures or are expressing reservations about the broader economic outlook. This environment could foster a more conservative investment approach, where the pursuit of capital preservation takes precedence, thereby influencing overall market risk tolerance and asset diversification strategies. The observed price movements highlight the continuous impact of macroeconomic conditions on investment decisions.
The recent ascent in gold and silver values, coinciding with a decline in bond yields, indicates a possible reallocation of capital towards assets perceived as more secure. This trend, occurring alongside a reduction in anxieties surrounding oil price inflation potentially linked to geopolitical events in the Strait of Hormuz, suggests a nuanced adjustment in market expectations. The correlation between lower interest rates and increased demand for precious metals implies that investors might be anticipating persistent inflationary pressures or are expressing reservations about the broader economic outlook. This environment could foster a more conservative investment approach, where the pursuit of capital preservation takes precedence, thereby influencing overall market risk tolerance and asset diversification strategies. The observed price movements highlight the continuous impact of macroeconomic conditions on investment decisions.
Rewritten: Cook: Fed committed to lowering inflation.
Federal Reserve's Lisa Cook stated her firm commitment to bringing down inflation during a business event in Anchorage.
Federal Reserve Governor Lisa Cook's emphatic declaration of commitment to inflation reduction signals a sustained hawkish stance, potentially prolonging the period of higher interest rates. This unwavering focus on price stability, even as economic growth moderates, suggests that the central bank will prioritize its mandate over immediate market concerns. Consequently, market sentiment may lean towards caution, as investors digest the implications of continued monetary tightening on corporate earnings and asset valuations. This reinforces the prevailing macro theme of disinflationary pressures being met with restrictive policy, which could temper investor confidence and lead to a more risk-averse posture. The prospect of a prolonged higher-rate environment may thus dampen risk appetite, as the cost of capital remains elevated, influencing investment strategies towards defensive assets and a more selective approach to growth opportunities.
Federal Reserve Governor Lisa Cook's emphatic declaration of commitment to inflation reduction signals a sustained hawkish stance, potentially prolonging the period of higher interest rates. This unwavering focus on price stability, even as economic growth moderates, suggests that the central bank will prioritize its mandate over immediate market concerns. Consequently, market sentiment may lean towards caution, as investors digest the implications of continued monetary tightening on corporate earnings and asset valuations. This reinforces the prevailing macro theme of disinflationary pressures being met with restrictive policy, which could temper investor confidence and lead to a more risk-averse posture. The prospect of a prolonged higher-rate environment may thus dampen risk appetite, as the cost of capital remains elevated, influencing investment strategies towards defensive assets and a more selective approach to growth opportunities.
#macro
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