The politicians continue to speak about the Strait of Hormuz as though this were merely a regional dispute between Iran and its neighbors. That is complete...
The political class watches the price of crude oil and gasoline because that is what appears in the headlines, but the real warning is diesel. The average retail...
The United Arab Emirates has suspended all trade, commercial exchanges, and financial transactions with Iran until further notice after accusing Tehran of launching...
The world seems to have learned absolutely nothing from COVID. Governments destroyed supply chains through lockdowns, shortages spread from semiconductors to...
India’s imports of Russian crude oil have surged to a record high, with Moscow now supplying more than half of the country’s crude oil requirements....
The financial press is celebrating reports that traders are betting shipping traffic through the Strait of Hormuz could begin returning to normal by August. Oil...
For years, South Africa’s rolling blackouts became a symbol of national decline. Businesses bought generators. Families planned their lives around power...
The Producer Price Index for May came in far hotter than expected, rising 1.1% for the month and 6.5% year-over-year, the largest annual increase since late 2022....
The May inflation report came in exactly where many expected, yet the details beneath the headline reveal what is actually taking place in the economy. Consumer...
I have repeatedly warned that people need to watch Turkey. Most analysts view Turkey as simply another emerging market struggling with inflation, currency...
