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According To Al Jazeera, Yemen's Saba News Agency Reported That Telecommunications Facilities In Hodeidah And Kamalan Island Were Attacked
US President Trump: The New Tariffs Are Very Standard. There Are Other, Simpler Ways To Impose Tariffs, And We Have Many Forms
US President Trump: I Did Not Speak With US Energy Secretary Wright Before Signing The Saudi Nuclear Agreement
Brazil Estimates That 16.5% Of Its Exports Will Be Affected By The U.S.'s 37.5% Aggregate Tariff
US President Trump: We Are Talking To The Iranians Now, And I Think They Are Getting More Serious
US President Trump: US Secretary Of State Rubio And Vice President Vance Discussed The Iran Issue
Barclays: Spot Oil Prices Are Likely To Lead The Market And Test $150/barrel In A Three-month Scenario
Barclays: If The Current Situation Continues For Another Month, Two Months Or Three Months, We Believe That Oil Prices Are At Risk Of Rising By $2, $7 Or $10 Per Barrel, Respectively, Compared To Our 2026 Brent Crude Oil Forecast Of $96 Per Barrel
Barclays: The Risks To Our Oil Price Forecast Are Tilted To The Upside, Depending On How Long The Stalemate In The Strait Of Hormuz Lasts
US President Trump: High Tariffs Will Be Imposed On Canada Because Of The Smoke (from Wildfires)
U.S. Commodity Futures Trading Commission (CFTC): In The Week Ending July 21, Net Short Positions Stood At 34,242 Contracts For The Swiss Franc, 55,561 Contracts For The British Pound, 41,338 Contracts For The Euro, And 152,125 Contracts For The Japanese Yen
U.S. Commodity Futures Trading Commission (CFTC): In The Week Ended July 21, Speculative Net Short Positions In Natural Gas Across The Four NYMEX And ICE Markets Increased By 5,421 Contracts To 55,716 Contracts
U.S. Commodity Futures Trading Commission (CFTC): In The Week Ending July 21, COMEX Gold Speculators Increased Their Net Long Positions By 4,438 Contracts, Bringing The Total To 123,586 Contracts. COMEX Silver Speculators Reduced Their Net Long Positions By 374 Contracts, Leaving Them At 10,003 Contracts. COMEX Copper Speculators Added 11,751 Net Long Contracts, Raising Their Total To 73,685 Contracts
U.S. Commodity Futures Trading Commission (CFTC): In The Week Ended July 21, Speculators Increased Their Net Long Positions In WTI Crude Oil By 8,289 Contracts To 78,348 Contracts

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New START treaty expires, leaving US-Russia nuclear arsenals unchecked and fueling global arms race fears.
The last remaining nuclear arms control treaty between the United States and Russia expired Thursday, removing caps on the world's two largest atomic arsenals for the first time in over 50 years and fueling expert warnings of a new, unconstrained arms race.
As the New START treaty officially ended, U.S. President Donald Trump renewed his call for a stronger, modernized pact to replace it, emphasizing that any new agreement must include China. The Kremlin, meanwhile, expressed regret over the treaty's expiration, a sentiment echoed by arms control advocates concerned about global stability.
President Trump has been a vocal critic of the existing agreement, framing it as a flawed deal for the United States. In a social media post, he argued against extending the pact.
"Rather than extend 'NEW START' (A badly negotiated deal by the United States that, aside from everything else, is being grossly violated), we should have our Nuclear Experts work on a new, improved, and modernized Treaty that can last long into the future," Trump stated.

A central pillar of Trump's position is the necessity of bringing China into any future negotiations. U.S. Secretary of State Marco Rubio reiterated this stance, stating that "in order to have true arms control in the 21st century, it's impossible to do something that doesn't include China because of their vast and rapidly growing stockpile."
During his first term, Trump's administration attempted to broker a three-way nuclear pact involving China, but the effort was unsuccessful.
Moscow officially views the treaty's expiration "negatively," according to Kremlin spokesman Dmitry Peskov. He stated that Russia will maintain a "responsible, thorough approach to stability when it comes to nuclear weapons" while being guided by its national interests.
Russian President Vladimir Putin had previously declared his readiness to extend the treaty's limits for another year, an offer the U.S. did not commit to. In a discussion with Chinese leader Xi Jinping, Putin noted the U.S. failure to respond to his proposal.
The Russian Foreign Ministry issued a statement confirming that Moscow "remains ready to take decisive military-technical measures to counter potential additional threats to the national security" but is also open to diplomatic solutions if the right conditions emerge.
What Was the New START Treaty?
Signed in 2010 by then-President Barack Obama and his Russian counterpart, Dmitry Medvedev, the New START treaty placed clear limits on nuclear stockpiles. It restricted each nation to:
• A maximum of 1,550 deployed nuclear warheads.
• A maximum of 700 deployed missiles and bombers.
The treaty, which included on-site inspections to verify compliance, was extended for five years in 2021. However, inspections were halted in 2020 due to the COVID-19 pandemic and never resumed. In February 2023, Putin suspended Moscow's participation, citing a lack of U.S. cooperation.
Beijing has consistently rejected calls to join nuclear disarmament negotiations, arguing that its arsenal is not comparable to those of the U.S. and Russia.
"China's nuclear forces are not at all on the same scale as those of the U.S. and Russia, and thus China will not participate in nuclear disarmament negotiations at the current stage," said Foreign Ministry spokesperson Lin Jian. He urged the U.S. to resume its nuclear dialogue with Russia.
Moscow has reaffirmed that it respects Beijing's position. Russian officials have suggested that if the treaty framework is to be expanded, it should also include the nuclear arsenals of NATO members France and the United Kingdom.
The end of New START has been met with alarm by arms control experts, who see it as a trigger for a dangerous period of strategic competition.
Daryl Kimball, executive director of the Arms Control Association, warned of the potential consequences if the U.S. increases its deployed strategic arsenal. He argued it would "only lead Russia to follow suit and encourage China to accelerate its ongoing strategic buildup."
"Such a scenario could lead to a years-long, dangerous three-way nuclear arms buildup," Kimball said.
Despite the treaty's termination, there was one sign of continued communication. The U.S. and Russia agreed Thursday to reestablish a high-level, military-to-military dialogue that had been suspended in 2021.
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