Air Freight Rates To Spike As Iran War Escalates

Crude Stocks Rise 3.5 Million, Highest Since May 2025 With oil flows passing through the Straits of Hormuz blocked indefinitely, markets were paying especially close attention to today's weekly DOE report on oil stocks, to see how much capacity the US has in case of a prolonged lockout. The result was satisfactory.  The DOE reported the following weekly changes: Crude +3.475MM, more than the expected +3.00MM, and the highest since May 2025 Gasoline -1.704MM, down to the lowest since Jan 9, 2026 Distillates +429K, biggest increase since Jan 2026 Cushing +1.6MM, rising to the highest...

Michigan Synagogue Attack Suspect Was Naturalized US Citizen From Lebanon, CNN Immediately Blamed Trump An armed man who allegedly rammed his truck into a Michigan synagogue on March 12 has been identified as a naturalized United States citizen born in Lebanon, according to federal officials. Ayman Mohamad Ghazali, 41, was fatally shot by security officers after he drove through a hallway at Temple Israel in West Bloomfield Township near Detroit in a vehicle that then caught fire, authorities said. The Epoch Times' Rachel Roberts reports that none of the synagogue’s staff, teachers,...

Israel bombed facilities at the South Pars natural gas field in Iran. The world’s largest natural gas field is under the Persian Gulf and is split between Iran and Qatar. On Wednesday, strikes hit facilities in Iran’s Bushehr province tied to the gas field. Following the attack, Israeli officials told Axios that the operation was conducted in coordination and […]