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One Reason This Energy Shock Is Not Like The One 15-Years Ago
One Reason This Energy Shock Is Not Like The One 15-Years Ago
Arend Kapteyn, the global head of economics and strategy research and chief economist at UBS, told clients that one key reason the current Middle East conflict-driven energy shock "is not like 2011-2014" will be the absence of a comparable response from the shale patch, suggesting consumers are more likely to bear the brunt of the pain.
Kapteyn noted that, on an inflation-adjusted basis, oil prices in 2011-2014 were actually higher than they are today, yet the U.S. economy absorbed that...
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Mar 14, 2026 / Tyler Durden
Sweden Seizes Another Suspected Russian 'Dark Fleet' Tanker, Despite US Easing Sanctions
Sweden Seizes Another Suspected Russian 'Dark Fleet' Tanker, Despite US Easing Sanctions
Washington has eased sanctions on countries buying Russian oil in connection with the Iran war and Strait of Hormuz crisis, an easing welcomed by the Kremlin, but which has caused angst and anger among pro-Ukraine campaigners.
The US waiver is active for a month, and applies to crude which has has been floating at sea and thus was unable to be sold. However, this hasn't stopped some European countries from moving against tankers without proper registration and flags.
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Sweden,...
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Mar 25, 2026 / Tyler Durden
Israel Seeks To Disrupt Russian-Iranian Arms Transfer Route In The Caspian Sea
Israel Seeks To Disrupt Russian-Iranian Arms Transfer Route In The Caspian Sea
Russia and Iran have long had positive bilateral relations, which deepened in the context of the Ukraine war, and now in the midst of Trump's Operation Epic Fury, where Moscow is said to be sharing vital intelligence and targeting information with Tehran.
Fresh reporting in The Wall Street Journal suggests that recent large-scale Israeli attacks in the Caspian Sea could mean flirting with WW3 and potential attacks on Russian interests and assets.
"An Israeli strike on a naval outpost in...
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Apr 10, 2026 / Tyler Durden
Iran Ceasefire Allows For Netanyahu's Corruption Trial To Finally Resume
Iran Ceasefire Allows For Netanyahu's Corruption Trial To Finally Resume
Israel is lifting its state of emergency given that the Iran ceasefire appears to be holding, and with that Prime Minister Benjamin Netanyahu’s long-running corruption trial will resume in the coming days, according to Reuters.
"With the lifting of the state of emergency and the return of the judicial system to work, hearings will resume as usual," a statement from the Israeli courts confirms.
via AFP
Hearings are scheduled to take place from Sunday through Wednesday. Of course, the fragile truce could collapse...
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