A tale of two worlds

This war is not just making energy more expensive, it’s knocking out the higher order goods the global structure of production depends on. This has already locked in dangerous shortages in critical industries like healthcare, food production, and much more.

US Strikes Iran Energy Assets, Tehran Vows Retaliation; Iran Intel Chief Killed, Trump Muses On 'Finishing Off Terror State' Summary Israel says Iran's intelligence chief Esmail Khatib was eliminated overnight as pace of top leadership killings accelerates. Iran says upstream oil and gas assets are under attack for first time since war began, readies retaliatory action against oil/gas assets in Gulf area, including Qatar, Saudi Arabia, & UAE Iraq reroutes some flows through Ceyhan Pipeline to Turkey Iran reiterates new rules in place for Hormuz transit as traffic remains de-minimus, sparking reports that "the...

Appeals Court Lifts Block On Expedited Third Country Deportations Authored by Stacy Robinson via The Epoch Times, An appeals court ruled on Mar. 16 that the Trump administration could continue deporting illegal immigrants to places other than their native countries, without giving them a chance to protest against their destination. “There is more work ahead on this important issue, but this is a key win for [President Donald Trump’s] immigration agenda,” Attorney General Pam Bondi said on X. The 2–1 ruling by the Court of Appeals for the First Circuit paused a previous...