Four Fingers News — Friday, May 29, 2026
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Friday · May 29, 2026 · Day 91
From the Editor
Day 91. The MOU is sitting in Doha and Trump is “not satisfied.” Vance says his signature is “TBD” — three letters doing a lot of work. I keep refreshing the wire and the deal stays just out of reach: a couple of language points, a couple of red lines, a couple of strikes overnight that probably moved a couple of words on a couple of pages. Meanwhile the Pentagon hosts Lebanon round four today, Bessent is squeezing Iran’s airlines down to the refueling, and Brent won’t sit still under $96. The strait is still half-blockaded; tens of thousands of seafarers still can’t go home. I started this site because the receipts matter. Ninety-one days in, they still do. Stay close.
— T.
The Run Down
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Hormuz
Treasury Threatens Oman, Sanctions Tehran’s New Strait Authority As Doha Text Sits Unsigned
Secretary Scott Bessent told reporters Thursday the US will “aggressively” sanction Oman if it helps Iran impose tolls on Strait of Hormuz traffic, hours after Treasury hit Tehran’s newly stood-up Persian Gulf Strait Authority. The Doha framework — 60-day ceasefire extension, phased Hormuz reopen, US blockade lifted, snap IAEA access — sits unsigned with Vance flagging “a couple of language points” still open before Trump signs.
Lebanon
Israel Pounds Tyre And A Beirut Suburb Hours Before Pentagon Talks Open
Israeli strikes killed at least 19 across southern Lebanon and a southern Beirut suburb Thursday — the first hit in the capital area in three weeks — with the IDF logging 135 Hezbollah targets in 24 hours. Lebanese and Israeli officers sit down at the Pentagon today for the first security round under the Apr 17 truce.
Markets
S&P And Nasdaq Hold Record Closes; WTI Steady Above $91
The S&P 500 added 0.58% to a record 7,563.63 Thursday and the Nasdaq also closed at a record on tech leadership. Crude sits near $91 WTI, $96 Brent with Hormuz traffic still cordoned. National gas average $4.44.
PCE
April Inflation Print Lands At 3.8% Headline, 3.3% Core
BEA’s April release Thursday put headline PCE up 3.8% year-on-year and core at 3.3%, both warmer than March on energy pass-through from the Iran war. The 0.4% monthly headline ran a touch under the LSEG consensus. Fed’s wait posture intact.
Capitol
Thune Punts ICE Funding Vote After GOP Defections Over DOJ Restitution Fund
Majority Leader John Thune rescheduled the Senate vote on the roughly $72B reconciliation package funding ICE, CBP and White House security after several Republicans balked at a Justice Department announcement of a $2B fund to compensate alleged Biden-era political-targeting victims. Trump’s Jun 1 deadline slips into next week.
Hoops
Wembanyama’s 28 Force A Game 7 In Oklahoma City Saturday
San Antonio pulled away in the third quarter Thursday to beat OKC and send the Western Conference final to a decider Saturday night. New York waits in the East; Finals open Jun 3.
Ukraine
Kyiv Widens Long-Range Program To Hit Russian Fuel, Rail And Depots
Zelensky announced a broader long-range plan against Russian logistics after meeting Syrskyi and Hnatov. Ukraine’s General Staff logged 189 combat clashes May 28, with Pokrovsk and Huliaipole drawing the heaviest assault attempts.
Northwest
Seattle Into The Weekend Under Light Rain, Highs In The Mid-50s
NWS pegs Friday at 57°F with showers likely before 11am, clearing partly into Saturday. Mariners host the A’s tonight after winning the midweek series at the Coliseum.
Read the full dispatch at fourfingersnews.com
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