Air Freight Rates To Spike As Iran War Escalates

Russian strikes pounded Ukrainian cities on Tuesday, killing at least 10 civilians, attacks that came a day after Ukrainian drones killed 13 civilians in the Russian city of Nizhnekamsk. According to The Associated Press, three people, including a 15-year-old boy, were killed by drone and artillery attacks in Ukraine’s Dnipropetrovsk region. A steel company in […]

Supreme Court Expected To Rule On Cook, Elections, And Trans Athletes The U.S. Supreme Court is expected to decide in the coming days whether President Donald Trump can remove Federal Reserve Board of Governors member Lisa Cook from her post - an extraordinary step that would mark the first presidential firing of a Fed official since the central bank's founding in 1913 and directly test the institution's independence from political interference. The justices, who hold a 6-3 conservative majority, signaled skepticism during January arguments toward Trump's authority to oust Cook. The...

Asian Refiners Swamped, Brace For Over 60 Million Barrels Of Oil Ready To Exit Hormuz By Tsvetana Parskova of OilPrice.com Crude cargo arrivals in Asia from the Middle East could accelerate in the coming weeks as more than 60 million barrels of oil stuck in the Persian Gulf prepare to exit the Strait of Hormuz and head to Asian markets once the chokepoint reopens to traffic.   About 62 million barrels of crude oil on nearly three dozen supertankers are expected to make their way to Asia within weeks after the Strait...