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Iran Declares Hormuz Closed as MoU Collapses; U.S. Disputes It

Iran Declares Hormuz Closed as MoU Collapses; U.S. Disputes It

Iran's military command announced a closure of the Strait of Hormuz on June 20, 2026, citing U.S. and Israeli violations of the Islamabad MoU signed two days earlier. But U.S. Central Command says ships are still transiting, leaving the shutdown contested.

by TFTC Newsdesk
CME Sues CFTC Over Bitcoin Perps Approval, Injunction Expected

CME Sues CFTC Over Bitcoin Perps Approval, Injunction Expected

CME Group sued the CFTC on June 18, 2026, arguing the agency's approval of Bitcoin perpetual futures for KalshiEX and Coinbase violated Dodd-Frank. TD Cowen expects CME to seek a preliminary injunction that would shut down U.S. perps before they gain any trading history.

by TFTC Newsdesk

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The Petrodollar, Explained
Economics

The Petrodollar, Explained

The petrodollar forced the world to hold dollars to buy oil. It's visibly fraying now. Here's how it actually works, why it's lasted 50 years, where it's cracking, and why a BRICS bloc currency would be worse, not the fix.

Jun 5, 2026
by Marty Bent
Anas Alhajji on Why the Petrodollar Is Here to Stay
Podcasts

Anas Alhajji on Why the Petrodollar Is Here to Stay

Energy economist Anas Alhajji makes the strongest case against the de-dollarization story: BRICS is a paper tiger, the petrodollar is here to stay, and the Gulf trip deepened dollar integration. Plus why 'drill baby drill' is over, and the power crunch nobody is pricing.

May 21, 2025
by Marty Bent
Lyn Alden on the Dollar's Triffin Trap and What Replaces It
Podcasts

Lyn Alden on the Dollar's Triffin Trap and What Replaces It

Macro analyst Lyn Alden on why reserve-currency status quietly costs the US its industrial base, why there's more inflexible demand for dollars than there are dollars to repudiate, and where gold and Bitcoin fit as neutral reserve assets once the system shifts.

May 12, 2025
by Marty Bent
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