Plenty of fake news to go around, like Iran having a plan to strike Los Angeles with drones or that Iran is mining the Strait of Hormuz. The first story was sent out by the usual trustworthy FBI. The second story came from the heart of Zionist Bari Weiss' CBS news. Both have been debunked.
On the other hand, Pepe Escobar is refreshingly honest:
Pepe Escobar: Iran Has Served the US an Eviction Notice
Trump says the Strait of Hormuz is fine. Guess he likes burning tankers.
https://t.co/rXiE90eXYr https://t.co/l1IJANxntt
— Arslan Siddiqi (@ArsalanISF) March 12, 2026
WTI crude oil quoted at $91.53. Brent crude, $98.02.
Gold and silver higher overnight. Gold, $5,184; Silver, $87.18.
Just before 9:00 am ET, stock futures are down significantly and headed lower. Dow futures: -422; NASDAQ futures: -180; S&P futures: -48.
The past five trading sessions have produced the lowest closes on the Dow Industrials this year, with only one day positive, Monday, March 9, when the Dow gained 239 points.
And, what's up with this story about administration officials seeking the safety of military housing.
Next up: Houthis. Yes, remember, Trump told everybody that the U.S. defeated them. Not even remotely true. A laughable claim.
At the Close, Wednesday, March 11, 2026:
Dow: 47,417.27, -289.24 (-0.61%)
NASDAQ: 22,716.13, +19.03 (+0.08%)
S&P 500: 6,775.80, -5.68 (-0.08%)
NYSE Composite: 22,487.62, -59.06 (-0.26%)
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