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Armor-Piercing Ammo Metal Up 557% As China Chokes Supply, War Demand Surges
Armor-Piercing Ammo Metal Up 557% As China Chokes Supply, War Demand Surges
Tungsten, used in missiles, tank rounds, armor-piercing ammunition, and some smaller-caliber munitions, has surged in price over the last year as China curbed exports and global supplies tightened.
This is a major concern, as multi-front conflicts - from the Middle East to Eastern Europe - are depleting interceptor missile supplies.
Bloomberg cites new data from commodity price reporting agency Fastmarkets showing tungsten prices have surged to $2,250 per metric ton this month, up 557% since Beijing added certain tungsten...
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May 4, 2026 / Tyler Durden
Iran Outraged After Assassination Of Top Shia Cleric In Damascus
Iran Outraged After Assassination Of Top Shia Cleric In Damascus
Via The Cradle
Iran's Foreign Ministry spokesman Esmail Baghaei on Sunday strongly condemned the assassination of a Syrian Shia religious cleric, describing it as a terrorist attack and "heinous crime."
On Friday, Sayyid Farhan al-Mansour, Imam of the Sayyeda Zainab Shrine in the southern suburbs of Damascus, was assassinated after a hand grenade was thrown at his vehicle. Mansour was targeted by unknown assailants shortly after he finished leading Friday prayers and was leaving the shrine.
Slain Shia cleric Sayyid Farhan al-Mansour
Baghaei said that acts...
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Oct 5, 2026 / Tyler Durden
Fuel Price Shock Pushes Gas Cars Under 50% Of Global New-Auto Sales For First Time
Fuel Price Shock Pushes Gas Cars Under 50% Of Global New-Auto Sales For First Time
By Tsvetana Paraskova of OilPrice.com
The share of gasoline cars in global vehicle sales fell below 50% for the first time ever as the Hormuz shock and the resulting record-high fuel prices accelerated the previously sluggish shift toward EVs outside China.
A few years ago, China blew past the threshold of 50% of all car sales being hybrids and EVs, and the share is now about 55%. But the rest of the world didn’t follow until the...
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Feb 26, 2026 / Tyler Durden
Ten Cuban Nationals Aboard U.S.-Linked Speedboat Intended "Armed Infiltration For Terrorist Purposes," Cuba Claims
Ten Cuban Nationals Aboard U.S.-Linked Speedboat Intended "Armed Infiltration For Terrorist Purposes," Cuba Claims
The Cuban Embassy's official X account says a Florida-registered speedboat carrying 10 Cuban nationals residing in the U.S. entered Cuban territorial waters armed with assault rifles, body armor, improvised explosive devices, camouflage uniforms, and telescopic sights, in what the government says was a "foiled armed infiltration" into the Caribbean island nation.
Late Wednesday afternoon, the embassy's account reported that Cuban border guards aboard a vessel had fired on a U.S.-linked speedboat off Cuba's north coast, killing four...
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