At Least Five Palestinians Killed by Israeli Attacks in Gaza

Alarming West Texas Oil Theft Emerges As National Security Threat Criminals are exploiting weak points across the West Texas oil production region, which accounts for 15% of the world's energy resources. This emerging wave of oil theft is burning a multi-billion-dollar hole in the budgets of oil and gas operators across the Permian Basin and is becoming a national security threat. Bloomberg reports that oil and gas producers are losing at least $1 billion, if not more, per year due to oilfield theft in what the outlet describes as something...

G20 Plans "Death By A Thousand Cuts" For China's Economy By Benjamin Picton, senior market strategist at Rabobank The Natural Equilibrium G20 finance ministers, central bank governors and a handful of high-profile CEOs gathered in Asheville, North Carolina, yesterday. Treasury Secretary Scott Bessent held court, telling allies that the only way out of heavy debt loads is growth, and that they needed to do more to confront China on its structural trade imbalances. The latter point is particularly salient as Bessent prosecutes new restrictions against trade with Iran under Operation Economic Outcast. China...

Qatari LNG Tanker Abruptly U-Turns In Hormuz Chokepoint After Weekend Transit Breakthrough Day 72 of the U.S.-Iran conflict opened with yet another failed diplomatic off-ramp. Tehran on Sunday submitted a counterproposal to the Trump administration's plan to end the war, but President Trump swiftly rejected it as "totally unacceptable," pushing WTI crude futures roughly 3% higher to $98 a barrel as traders slightly repriced the war-risk premium higher for a prolonged Strait of Hormuz disruption. Tehran's counterproposal was a major focus over the weekend, but what caught our attention Saturday morning was...