$5 Diesel Means A 35% Jump In Prices For US Consumers

The Israeli military has killed at least 713 Palestinians in Gaza since the signing of the US-backed “ceasefire” deal in early October, Gaza’s Health Ministry said in its daily update on Thursday, as Israeli attacks continue across the Strip in violation of the agreement. “A number of victims are still under the rubble and in […]

Three Supertankers Carrying 6 Million Barrels Exit Strait Of Hormuz Three commercial supertankers carrying a combined 6 million barrels of Middle East crude oil have successfully exited the Strait of Hormuz, according to Reuters. The vessels departed the strategic waterway on Wednesday, after being stranded inside the Persian Gulf for over two months, lending hope to an end to the closure of the strait. The crude cargoes were split evenly among three Very Large Crude Carriers (VLCCs) heading to Asian refining hubs. The first was Universal Winner, a South Korean-flagged supertanker carrying...

Record Percentage Of Central Banks Expect Gold Reserves To Increase In Next 12 Months Today, the World Gold Council released their 2026 Central Bank Gold Reserves Survey. Amongst the insights, here is the punchline: a record 45% of respondents expect their own gold reserves will increase over the next 12 months Central banks have accumulated an average of 1,000t of gold over the past four years, up significantly from the 500t average over the preceding decade. This marked acceleration in the pace of accumulation has occurred against a backdrop of geopolitical and...