Iran’s Foreign Minister Says There’s Still a ‘Good Chance’ for a Deal With the US

Why The Fertilizer Crisis May Spark Record Inflows Into Agri ETFs Goldman Now Anticipates Record Inflows For AGRI ETFs Second- and third-order effects from a three-week - and potentially longer - disruption at the Strait of Hormuz are extending well beyond energy markets. Even as some vessel transits resume through the narrow waterway, the shipping backlog continues to build across the Gulf region and could take weeks, if not longer, to clear. At the same time, Qatar's LNG export capacity may take years to fully recover after IRGC drone or missile strikes...

Terrible 2Y Auction: Biggest Tail In 3 Years, Dealers Highest Since 2022 With both foreign and domestic investors dumping gold (and anything else not nailed down) to fund oil, at its brand sparkling new price of $170 (in Asia), we were wondering how long before the lack of disposable cash hits US debt. We got the answer today at just after 1pm when we got the results of today's $69 billion 2Year bond auction. In a nutshell, it was terrible. The auction priced at a high yield of 3.936%, up from...

The current war is a timely reminder that the US ruling elites regard the US taxpayers and ordinary Americans as little more than inconvenient afterthoughts in US foreign policy.