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Hormuz Chokepoint Claims Next Victim: World's Largest Aluminum Smelter Cuts Capacity
Hormuz Chokepoint Claims Next Victim: World's Largest Aluminum Smelter Cuts Capacity
The world's largest single-site aluminium smelter in the Middle East cut its output by about 20% on Sunday, marking yet another troubling development for the global economy. The disruption in the Strait of Hormuz is no longer just an energy story - it's now spreading into industrial metals. These second- and third-order effects could soon disrupt global supply chains and tighten aluminium availability, thus pressuring prices higher.
Bloomberg reports that Aluminium Bahrain (Alba) began a controlled, safe shutdown of three...
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May 7, 2026 / Dave DeCamp
US Bombs Iran’s Qeshm Port and Bandar Abbas
The US military has bombed a port on Iran’s Qeshm island in the Strait of Hormuz as well as the Iranian port city of Bandar Abbas, a US official told Fox News reporter Jennifer Griffin, in what is likely the resumption of full-scale war in the region. The official claimed to Griffin that the US […]
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Apr 8, 2026 / Tyler Durden
Watch Live: Hegseth Declares 'Victory' As Fragile Iran Ceasefire Hailed Internationally
Watch Live: Hegseth Declares 'Victory' As Fragile Iran Ceasefire Hailed Internationally
War Secretary Pete Hegseth and Gen. Dan Caine, chairman of the Joint Chiefs of Staff, are expected to give their first post-ceasefire announcement briefing on Iran at 8am Eastern time. Watch Live:
Iran sees this as Victory
The United States and Iran have announced a two-week suspension of all attacks, and Tehran reportedly agreed to allow safe transit of vessels through the Strait of Hormuz. It all started with President Trump seizing on the last-minute olive branch plan offered by Pakistan's prime...
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Mar 25, 2026 / Hans-Hermann Hoppe
Introduction: Rothbard at 100: A Tribute and Assessment
When Gülçin and I, in May of 2006, opened the Karia Princess for the first meeting of the Property and Freedom Society (PFS), many questions, organizational as well as substantive, had been still unresolved in our minds. It took years of experimenting and learning: of defining, refining and fine-tuning the very product that now is the PFS and its […]
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