Bessent Leads Trade Talks With China In Paris Ahead Of Trump-Xi Summit

Supertanker Rates Hit Six-Year High: Here's What Driving It Global very large crude carrier (VLCC) rates have jumped to six-year highs due to two recent catalysts: first, a growing war-risk premium tied to the possibility of a US-Iran conflict, and second, ongoing consolidation in fleet ownership that is tightening vessel availability. Let's begin by noting that war-risk insurance premiums are rapidly being priced into VLCC tanker rates. The Strait of Hormuz has once again come into focus as the world's most important energy chokepoint, where any flare-up in a US-Iran...

The US-Israeli war against Iran is already expanding into Lebanon with an Israeli ground invasion of southern Lebanon, but Reuters is now reporting that the Trump Administration is keen to drag Syria into the conflict as well, encouraging its Islamist government to invade Lebanon and fight Hezbollah. Citing multiple Syrian officials familiar with the situation, […]

President Donald Trump has threatened to cut off arms sales to Ukraine if NATO members do not join his coalition to reopen the Strait of Hormuz. While Trump halted military aid to Ukraine, he has continued to sell weapons to NATO members, who transfer the arms to Kiev. According to sources speaking with The Financial Times, […]