EV Demand Surges Across Asia After Energy Shock Sends Consumers Into Panic Mode

Trump Announces Start Of "Clearing Out" The Strait As A "Favor" To RoW As 'Indirect' Talks Begin With Iran Summary:  President Trump announces start of "clearing out the Strait" as a favor to the rest of the world as two U.S. Navy guided-missile destroyers passed without incident. Peace talks in Pakistan begin in indirect format, led by Vance and on Iran side - Ghalibaf, Arachchi. Saturday sees more Israeli strikes on Lebanon, with Hezbollah supporting Pakistan talks but rejecting 'separate deal' directly with Israel. Trump on talks and potential bigger future attacks on Iran: "You don’t need a backup...

Jet Fuel Prices Soar As War In Iran Ripples Through Global Aviation Authored by Felicity Bradstock via OilPrice.com, Airlines, including Qantas, SAS, and Air New Zealand, have already announced airfare increases. Surging jet fuel prices and disruptions in the Strait of Hormuz are squeezing airline operations. Prolonged conflict could weaken travel demand and deepen pressure on global airline stocks. As the war in Iran spills over into other parts of the Middle East, energy experts expect the price of several oil and gas products to soar over the coming months, driven by shortages. This...

Continuing Jobless Claims Tumble To 2-Year Lows The number of Americans filing for jobless benefits for the first time rose from 203k to 219k last week (higher than the expected 210k), but still hovering within the low-low range of the last four years... Source: Bloomberg New Jersey and Oregon saw the largest WoW rise in initial claims while Texas and New York saw the biggest decline... But, while initial claims rose, continuing jobless claims tumbled to the lowest level since May 2024... Source: Bloomberg Soft survey data continues to signal a stressed labor market, while...