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Spain was shocked by Cape Verde when they played to a 0-0 draw, and teenage superstar Lamine Yamal didn't take it too well.

Oil Experts To Spar On Iran Deal: Crude To $150 Or $50?

LIVE NOW:

https://t.co/z5iLukR1a7

— zerohedge (@zerohedge) June 16, 2026

******************

With oil prices plunging after the announcement of a U.S.-Iran ceasefire agreement and plans to reopen the Strait of Hormuz, traders are asking: Is the geopolitical risk premium gone, or is the market setting up for another shock?

Tonight at 7pm ET, veteran commodities strategist Jeff Currie and energy economist Anas Alhajji join host Erik Townsend to debate where oil heads next.

The tentative agreement sent crude sharply lower as investors price in the return of halted supply and reduced odds of a prolonged Middle East conflict. Though a deal is still anywhere from solidified, as tonight’s host just pointed out…

Executive summary: We're not actually committing to agree to anything, but if you give us twelve billion dollars cash up front, we're willing to show up for a meeting and THEN spend 60 days telling you the answer on giving up our high-enriched uranium is still NO.

— Erik Townsend 🛢️ (@ErikSTownsend) June 15, 2026

Currie, formerly Carlyle and Goldman, has long argued that structural underinvestment, declining spare capacity, and growing demand leave the global oil market far more vulnerable than most investors appreciate, even if Hormuz were to open today (opening is scheduled for Friday). The underlying supply picture remains tight, and today's relief rally in financial markets may prove temporary. Oil prices have already fallen from war-driven highs near $120 per barrel to cracking below $80 this morning, following the truce announcement.

Alhajji, meanwhile, frequently challenges conventional supply-shortage narratives, emphasizing the industry's ability to respond to higher prices and warned against “permabulls” extrapolating geopolitical disruptions into permanent structural deficits. With the market now shifting its focus from military escalation back toward inventories, production growth, OPEC policy, and demand trends… the next few months will prove a key moment to assess whether structural supply issues are as severe as some analysts say.

Oil permabulls got smoked!

Here is a great advice form Will Rogers: “If you find yourself in a hole, stop digging.” https://t.co/6UPnCq9x24 pic.twitter.com/Nec4RizReM

— Anas Alhajji (@anasalhajji) June 15, 2026

Currie, Townsend, and Alhajji will examine whether the reopening of Hormuz fundamentally changes the outlook, how much spare capacity actually exists, whether the recent war exposed deeper vulnerabilities in global energy markets, and what investors should expect from oil prices over the remainder of 2026. And also… will a failed ceasefire send markets into a more severe panic than before?

Tune into the ZeroHedge homepage, X feed, or YouTube channel tonight at 7pm ET to watch live.

Tyler Durden Tue, 06/16/2026 - 12:40

The deep house trio will call the Garden home from June 25-28.

The "Love Story" star isn't leaving her on-screen muse behind.

The "Love Story" star isn't leaving her on-screen muse behind.

A violent brawl erupted after Iran and New Zealand's World Cup match on Monday as Iranian pro-Shah and pro-regime protesters clashed.

For most newlyweds, and couples overall, sharing a bedroom is considered a given. For Kelsey and Chad Thompson, it was the one tradition they happily skipped.

Supreme Court Rejects Bid By 98-Year-Old Appeals Judge To Be Reinstated

Authored by Matthew Vadum via The Epoch Times,

The U.S. Supreme Court on June 15 declined to take up the case of a 98-year-old federal judge’s challenge to her ongoing suspension from an appeals court in the nation’s capital.

The court’s new decision in Newman v. Moore took the form of an unsigned order. No justices dissented. The court did not explain its decision.

Judge Pauline Newman, who turns 99 on June 20, sits on the U.S. Court of Appeals for the Federal Circuit. She filed a petition in March with the Supreme Court, arguing that the Federal Circuit unconstitutionally forced her out of her position after an investigation found her alleged cognitive deterioration rendered her unfit for the job.

The U.S. Court of Appeals for the Federal Circuit, which is not to be mistaken for the U.S. Court of Appeals for the District of Columbia Circuit, is a specialized court that has exclusive jurisdiction, or authority, to hear cases involving patents, trademarks, international trade, government contracts, and federal personnel and employment issues.

Newman, who was appointed in 1984 by President Ronald Reagan, is an authority on patent law and a high-profile author of dissenting court opinions.

The lead respondent in the case is Chief Federal Circuit Judge Kimberly Moore.

Moore signed an order in 2023 saying that a three-judge committee consisting of herself and two others found there was “a reasonable basis to conclude [Newman] might suffer a disability that interferes with her ability to perform the responsibilities of her office.”

Newman failed to undergo medical testing after an expert recommended it, the order said. Newman also declined to accept service of orders, saying she “was not interested in receiving any documents regarding this matter,” and directed the mailroom at her residence not to accept the orders.

Later the same year, a council of judges barred Newman from hearing new cases for one year or until she underwent court-ordered medical examinations.

“We are acutely aware that this is not a fitting capstone to Judge Newman’s exemplary and storied career,” the council said at the time, adding it had no choice because she was “no longer capable of performing the duties of her judicial office.”

In the petition, Newman’s attorneys said the judge remains intellectually and physically robust.

They cite Dr. Aaron G. Filler of the Institute for Nerve Medicine in San Diego, who produced a report in 2024 saying that the then-97-year-old Newman “appears generally healthy and active as if 20 or more years younger than her stated age.”

Newman “engages normally and fluidly in interaction and conversation without any apparent diminishment that might be associated with age in the 10th decade as to other individuals,” Filler said.

The physician said Newman was a “Super-Ager,” which means she “does not demonstrate effects of age on cognition or demeanor comparable to many others at this age.”

“Based on my experience as an attorney and my expertise as a physician, the content of her speech is entirely appropriate for a serving Court of Appeals Judge,” Filler said.

Newman sued the council in federal district court in Washington. That court dismissed the lawsuit in 2024, finding that the courts have “consistently affirmed the judiciary’s authority to police itself.”

The U.S. Court of Appeals for the District of Columbia Circuit affirmed the ruling in 2025.

Newman’s attorneys said in the petition that Moore has “improperly” used the federal Judicial Councils Reform and Judicial Conduct and Disability Act of 1980 “to perpetually sideline Judge Newman until she gives in to the bullying and retires or takes senior status.”

Senior status is a form of semi-retirement for judges aged 65 or older who have served a minimum number of years of judicial service. Such judges work reduced caseloads but retain their full salary. Taking senior status creates a vacancy on a court, which the sitting president may then fill.

U.S. Solicitor General D. John Sauer filed a brief in May on behalf of Moore, urging the Supreme Court not to accept the case.

Sauer said the lower courts correctly ruled that the law bars most district court reviews of judicial council decisions in misconduct or disability cases.

Andrew Morris, a lawyer at the New Civil Liberties Alliance, which represents Newman, said he was disappointed that the justices “did not take this opportunity to protect judicial independence.”

“We will continue to pursue available avenues to vindicate Judge Newman against her stealth impeachment,” he said.

A spokesperson for the Federal Circuit declined to comment.

Tyler Durden Tue, 06/16/2026 - 12:20

Big Red is ready for the Big Apple.

Big Red is ready for the Big Apple.

Forbidden Fruits starring Lili Reinhart will be available to stream soon on Shudder, though there's another related streaming service that offers a better bargain.

Following his release from jail on Tuesday, Rashee Rice had zero interest in telling the public how his time behind bars went.

This is an English-language remake of the popular Spanish teen romance.

Use the FanDuel Predicts promo code for a $25 bonus to use on the World Cup.

A lot is expected of Erling Haaland and Norway at the World Cup.

The new data suggests an interesting cultural truth — that a successful first date may hinge on the state of your car

The LA Dodgers’ season is getting into the dog days of summer.

It’s love at first ruff.

It's when the nipple gets brushed, by someone or something, and a wave of intense negative emotion washes over. Descriptions range from "the deepest pit in my stomach" to upset, disgusted and even homesick.

Over 800 cases of the rare Bundibugyo strain, for which there is no ​proven treatment or vaccine, have been reported in Congo, 192 ​of them fatal. The disease, transmitted through body ⁠fluids even after death, is spreading fast across three provinces, ​government data shows.