PODCAST: DHP Villains: Woodrow Wilson, Part 10

President Trump said on Saturday that the US may bomb Iran’s Kharg Island again “for fun” and urged other countries to help the US open the Strait of Hormuz. The president made the comments a day after the US military struck the Persian Gulf island, where most of Iran’s oil exports move through. So far, […]

On The Hidden Fragility Of Our Energy-Dependent World & The Cascading Consequences Of A Supply-Shock That Money Alone Can't Fix Authored by Milan Adams via Preppgroup blog, For a long time, I accepted the same framework most people in finance operate within—that the global economy is, at its core, a system governed by monetary policy, shaped by interest rates, and stabilized by central banks. It’s an appealing idea because it suggests control. If growth slows, you lower rates. If inflation rises, you tighten conditions. If markets panic, you inject liquidity. There is...

After Record $19.50 Premium, Saudis Eye Sharp Cut To June Asia Prices Submitted by Charles Kennedy of OilPrice.com The world’s top crude exporter, Saudi Arabia, is expected to slash its official selling prices (OSPs) for crude loading for Asia in June from the record-highs for May as the premiums of the Middle Eastern benchmarks eased this month. Saudi oil giant Aramco is widely expected to announce in early May a reduction of the OSP of the flagship Arab Light crude by between $5 and $12 per barrel compared to the Oman/Dubai average,...