Israel Fires on Lebanese Troops Near Border, Launches Several Raids

Aluminum Supply Shock: Top Gulf Producer Halts Operations After Iran Strike, Price To Spike Over the weekend, both Emirates Global Aluminum (EGA) - the largest aluminum producers in the Gulf - and Aluminium Bahrain (ALBA) reported drone attacks damaging smelting facilities after hits on Iranian steel infrastructure last week. Neither company (at the time) confirmed whether supply will be impacted, but this morning the worst case appears to be confirmed with Reuters reporting that according to a Wednesday note by consultancy Wood Mackenzie "EGA's Al Taweelah facility in the United Arab Emirates halted...

Spillover Conflict Still Raging In Iraq: Three Iranian Kurds Killed The Iran war seems to be cooling, as a two week ceasefire holds, but people are still dying from spillover effects and sporadic conflict in neighboring Iraq. "Drone and rocket strikes in Iraq's northern Kurdistan region on Friday killed three Iranian Kurds, including two women fighters, an exiled opposition group said, blaming the attack on Iran," AFP reports. It's unclear if the projectiles were sent across the border, or whether pro-Iran groups inside Iraq carried out the killings. Illustrative: Alhurra This comes several...

39 going on $40 trillion is an achievement only in the sense that many once thought we’d never see numbers this large.