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After Dems Record-Breaking (And Useless) Drain, Schumer 'Demands' Trump Release Oil From The SPR 'Immediately'
After Dems Record-Breaking (And Useless) Drain, Schumer 'Demands' Trump Release Oil From The SPR 'Immediately'
In 2022, following Russia's invasion of Ukraine, which disrupted global oil supplies and drove US gasoline prices to record highs above $5 per gallon in June, the Biden administration authorized unprecedented releases from the Strategic Petroleum Reserve (SPR) to ease fuel costs as the 2022 Midterm elections loomed (and Democrat approval ratings slid).
The historic drawdown announced in March was the largest SPR release in history, and was pitched as 'bridging supply shortfalls while global production...
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Mar 23, 2026 / Tyler Durden
Countdown Begins: Former Central Bank Advisor Warns Food-Price Shock Could Hit "Within 6 To 9 Months"
Countdown Begins: Former Central Bank Advisor Warns Food-Price Shock Could Hit "Within 6 To 9 Months"
Alexandra Prokopenko, a fellow at the Carnegie Russia Eurasia Center and a former advisor at the Bank of Russia, warned on X that the near-shutdown of the Strait of Hormuz has triggered an energy shock that risks morphing into a "slower, more consequential story": fertilizers.
"A near-shutdown of the Strait of Hormuz is triggering a supply shock that will show up in food prices 6–9 months from now," Prokopenko wrote on X, adding, "Putin's gains...
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Mar 25, 2026 / Tyler Durden
TACO Vs TAW: Fade This (Equity) Rally
TACO Vs TAW: Fade This (Equity) Rally
Authored by Peter Tchir via Academy Securities,
Ceasefire?
The U.S., via Pakistan, and apparently consistent with negotiations being carried out by Witkoff and Kushner, has delivered a 15 point agreement for a ceasefire.
Markets responded with oil down (Brent futures, at 5:30 am are back down below $100, from a high of $105 on Tuesday).
Stock futures and treasuries are rebounding as well (even the 2-year, after the drubbing it took after yesterday’s auction noticeable for an absence of “direct” bids).
Many of the Polymarket Strait of Hormuz “prediction”...
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Mar 29, 2026 / Kyle Anzalone
Report: US Preparing for Weeks-Long Ground Invasion of Iran
The Washington Post spoke with US officials who said the Department of War is preparing for an invasion of Iran with American troops remaining on the ground for weeks. US officials told the outlet that the thousands of soldiers and Marines arriving in the Middle East could be used in a ground invasion of Iran, […]
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