A tale of two worlds

Iran Offers New Proposal To Reopen Strait - Trump Open To Sealing Deal Via Phone Summary After a weekend of stalemate malaise, Iran reportedly offers new proposal for opening ship traffic, while postponing the thorny nuclear issue  Trump says peace could come via telephone rather than face-to-face meetings Iranian FM has been sending written messages to US via Pakistani intermediaries  Iranian Foreign Minister Araghchi visits Russia for talks with President Putin Trump says Iranian oil infrastructure could explode from within unless flow resumes Iran Offers New Path To Opening Strait Running a little ahead of schedule, Sunday...

Global Oil Demand Growth Completely Wiped Out By Gulf Energy Shock The global demand destruction playbook we outlined last month, describing how the Gulf energy shock would spread across continents, is now materializing on a large scale. The International Energy Agency said in a Tuesday update that global oil demand will decline this year for the first time since 2020. "The Iran war has thoroughly upended the global outlook for oil consumption," the IEA wrote in its Oil Market Report. "Demand destruction will spread as scarcity and higher prices persist." The IEA...

Once again, we are embroiled in a new foreign war—not surprisingly at the behest of Benjamin Netanyahu. The Trump administration chose to enter this illegal war without the required congressional approval, as it did the illegal war against Venezuela.  The American people have for decades consistently voted against American participation in wars. A century ago, […]