Trump Says Wars Can Be Fought ‘Forever’ With The U.S.’s ‘Virtually Unlimited’ Weapons Stockpiles
President Donald Trump asserted on Truth Social that the United States possesses a "virtually unlimited" supply of weapons, allowing it to fight wars indefinitely. He contrasted this claim with criticism of President Joe Biden for allegedly diverting resources to Ukraine. Analysts, citing a Wall Street Journal report, warned that key interceptor stocks such as THAAD, Patriot and Standard Missile are dwindling amid heightened tensions with Iran. Trump also floated a four‑to‑five‑week timeline for any potential Iranian operation, while emphasizing the nation’s broader war‑fighting capacity.
For Oil Prices, It’s The Fear Not The Barrels
The death of Iran’s supreme leader and subsequent missile exchanges have raised alarms about a possible Straits of Hormuz shutdown, which could cut 10‑20 million barrels per day from global supply. Analysts debate the price impact, with some warning that panic...
Indonesian Tycoon Mochtar Riady’s OUE REIT Seeks Buyers For Prime Singapore CBD Tower
OUE Commercial REIT, controlled by Indonesian tycoon Mochtar Riady, is seeking buyers for its flagship One Raffles Place tower in Singapore’s CBD. The sale, handled by CBRE and JLL, targets a reserve price of up to S$2.4 billion, roughly 24% above...