Recession Signal As Consumers Struggle To Pay Bills

Trump Announces US To Cover Insurance For All Ships Traveling Through Gulf, Will Provide US Navy Escorts Update (1440ET): Moments ago President Trump announced that the United States will provide insurance for "ALL Maritime Trade" via the US Development Finance Corporation (DFC), and will provide Navy escorts, "if necessary." Effective IMMEDIATELY, I have ordered the United States Development Finance Corporation (DFC) to provide, at a very reasonable price, political risk insurance and guarantees for the Financial Security of ALL Maritime Trade, especially Energy, traveling through the Gulf. This will be available to all Shipping Lines....

BofA Sees "Runaway Price Risk" In Spot Sulfur As Global Supply Chain Freezes Sulfur is a critical industrial input produced as a byproduct of oil refining and natural gas processing. With roughly half of the world's seaborne sulfur trade trapped behind the Hormuz maritime chokepoint, another 15% stuck in Kazakhstan due to export-logistics blockades, and demand destruction still insufficient across global markets, Bank of America analysts warn that spot sulfur prices have further upside potential. Matthew DeYoe, research analyst at BofA Securities, covering all things ag, materials, and chemicals, wrote in...

The US military on Saturday conducted a drill in the Venezuelan capital of Caracas, marking the first known US military exercise in the country since the January 3 attack to abduct Venezuelan President Nicolas Maduro. The drill involved two US Marine Corps Osprey aircraft landing near the US Embassy in Caracas, which the US officially […]