Armor-Piercing Ammo Metal Up 557% As China Chokes Supply, War Demand Surges

Crude Stocks Rise 3.5 Million, Highest Since May 2025 With oil flows passing through the Straits of Hormuz blocked indefinitely, markets were paying especially close attention to today's weekly DOE report on oil stocks, to see how much capacity the US has in case of a prolonged lockout. The result was satisfactory.  The DOE reported the following weekly changes: Crude +3.475MM, more than the expected +3.00MM, and the highest since May 2025 Gasoline -1.704MM, down to the lowest since Jan 9, 2026 Distillates +429K, biggest increase since Jan 2026 Cushing +1.6MM, rising to the highest...

The AI Boom Is Creating A Global Memory Chip Shortage A global shortage of memory chips is emerging as demand for artificial intelligence infrastructure surges, according to a new report from Bloomberg. Large technology companies are locking in supply by signing long-term agreements and paying higher prices to guarantee access to chips years in advance. Because these deals are more profitable, chip manufacturers are increasingly directing production toward AI customers. This shift has reduced the number of chips available for other products such as laptops, smartphones, gaming consoles, and cars, pushing...

European economists regard Spain’s former central bank governor Pablo Hernández de Cos and his Dutch counterpart Klaas Knot as top picks to become the next ECB president.