Key Events This Week: Central Banks Galore, PPI, And The War In Iran

Chinese Containership Is First To Pay Iran For "Safe Passage" Through Strait As Iraqi Tanker Crosses With Signal Off The blockaded Strait of Hormuz is getting progressively less "blockaded" by the day. Over the weekend we reported that "Iran was Ready To Let Japanese Ships Use Hormuz As Chinese, Indian Tankers Already Allowed Passage." We can now add Iraq to the growing list of nations whose vessels are transiting the infamous Strait. An oil supertanker hauling two-million barrels of Iraq’s crude got through the Strait of Hormuz, the first vessel observed moving...

A Feral And Savage Party Authored by James Howard Kunstler, "Once is happenstance. Twice is coincidence. The third time it's enemy action." - Ian Fleming Don’t you love the way the news media pretends it can’t figure out the motive of Cole Tomas Allen, who tried to shoot-up Saturday’s White House correspondents’ gala. He was a creation of the very White House correspondents who ducked under their tables at the sound of his shots. Cole Tomas Allen had digested and internalized the “narrative” spewage of the Democratic Party’s propaganda department. MSNOW occupied his brain like...

Iran Conflict Drives Surge In China EV Demand A sharp rise in oil prices tied to the US-Israel confrontation with Iran is likely to speed up the global transition to electric vehicles, strengthening a shift that has already helped China overtake Japan as the world’s top car seller, according to South China Morning Post. Crude prices have surged past $100 a barrel amid fears of disruption to energy supplies, particularly through the Strait of Hormuz. US President Donald Trump escalated tensions by warning he would “obliterate” Iran’s power plants if shipping...