Reckless Provocations w/Scott Horton

The US Department of War said on Tuesday that its forces boarded an oil tanker in the Indian Ocean that it tracked from the Caribbean, marking the third such incident. According to The Associated Press, the ship, named the “Bertha,” was one of the tankers that left Venezuela following the January 3 US attack on […]

Dallas Fed Mfg Activity Holds Near One Year High Despite Plunge In Respondent Sentiment On Iran War The Dallas Fed Manufacturing Index continues to straddle the unchanged line, and despite a tiny dip from 0.2 in February, the highest print since July, to -0.2 in March, just below the 1.5 median estimate, the index remained near the highest level in a year and absent a modest and brief, post-Trump election spike, this remains one of the highest prints since mid-2022. Curiously, the headline index barely dropped even though most index components...

75 Gulf Energy Assets Damaged In U.S.-Iran War As Supply Shock Intensifies International Energy Agency (IEA) Executive Director Fatih Birol was interviewed by the French newspaper Le Figaro earlier on Tuesday and warned that the Gulf energy shock "is more severe than those of 1973, 1979, and 2022 combined" because it is affecting oil, gas, food, fertilizers, petrochemicals, helium, and global trade all at once. Birol said in the interview that more than 75 energy sites across the Gulf region have been attacked, with about a third severely damaged, suggesting tens...