Article
How Gas Prices Compare Around The World
How Gas Prices Compare Around The World
The war in Iran has driven up oil prices in many countries, with gasoline prices turning into a topic of discussion around the world.
The increases have been particularly pronounced in emerging markets, with gasoline prices jumping by more than 50 percent in the Philippines and nearly as much in Nigeria (around 49 percent), with diesel rising even more steeply.
Advanced economies have also seen notable increases, with gasoline prices climbing by roughly 25 to 30 percent in the United States and Canada over the period, and diesel prices...
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Preface to the English-Language Edition
Ludwig von Mises’s preface to the English edition: what classical liberalism is, why its program rests on private property, and how “liberal” came to mean nearly its opposite in America.
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Aug 19, 2026 / Tyler Durden
WTI Rises As Distillate Stocks Draw, Cushing Back Near 'Tank Bottoms', SPR At 43-Year Lows
WTI Rises As Distillate Stocks Draw, Cushing Back Near 'Tank Bottoms', SPR At 43-Year Lows
Oil prices are chopping sideways (to modestly higher) for the second day in a row as traders weighed the 'dark fleet' transits with renewed tensions in the Middle East further clouding the outlook for flows through the vital Strait of Hormuz.
“A combination of the escalation between the UAE and Iran, coupled with a market increasingly pricing a ‘closed for longer scenario,’ keeps oil and refined products supported,” said Arne Lohmann Rasmussen, chief analyst at Global Risk...
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Jul 31, 2026 / Tyler Durden
Iran FM Accuses Israel Of False Flag After Mystery Drone Strike On Egyptian Port
Iran FM Accuses Israel Of False Flag After Mystery Drone Strike On Egyptian Port
Iran is suggesting that Wednesday's unprecedented drone attack on a US-owned gas-processing vessel moored at Egypt's Mediterranean port of Damietta was a false flag.
Even within hours of the incident first being reported by Egyptian authorities, which merely described an industrial fire of unknown cause, the incident was shrouded in mystery and contradictory reports. Some reports pointed to the Iranians, while others alleged the Houthis may have attacked the Mediterranean port.
via TradeArabia
Reuters had described, "The drone hit floating...
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