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U.S. Gasoline Prices Hit Politically Sensitive $4 Level As Trump Eyes Iran War Off-Ramp
U.S. Gasoline Prices Hit Politically Sensitive $4 Level As Trump Eyes Iran War Off-Ramp
The overnight Wall Street Journal report that President Trump told aides he is willing to wind down the U.S. military campaign against Iran even if the Strait of Hormuz remains disrupted (and appeared to confirm this narrative in a social media post this morning) comes just as the national average gasoline price hit the politically sensitive $4-a-gallon threshold, underscoring the delicate balancing act the administration is facing in managing battlefield objectives and domestic fuel costs.
The latest...
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Mar 23, 2026 / Tyler Durden
Supreme Court To Decide If Federal Ballots Received After Election Day Are Counted
Supreme Court To Decide If Federal Ballots Received After Election Day Are Counted
Authored by Matthew Vadum via The Epoch Times,
The U.S. Supreme Court on March 23 will hear Mississippi’s appeal against a lower court ruling striking down its law counting ballots received after Election Day.
The counting of ballots received after Election Day has become an increasingly contentious political issue in recent years.
Those who support the practice say it is necessary to maximize participation in the democratic process and that states should be able to craft ballot rules to accommodate...
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Mar 4, 2026 / Dave DeCamp
White House Expected To Ask Congress for Extra $50 Billion for Iran War
The White House is expected to ask Congress for an extra $50 billion in military spending to replenish stockpiles of weapons used in the Iran war and other recent Middle East conflicts, Reuters has reported. Sources told Reuters that Deputy Secretary of War Steve Feinberg has been leading the Pentagon effort to draft a supplemental […]
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Apr 17, 2026 / Tyler Durden
Aluminum Market Descends Into Supply 'Black Hole'
Aluminum Market Descends Into Supply 'Black Hole'
Aluminum prices on the London Metal Exchange are climbing into the end of the week, reaching $3,621 a ton and approaching the peak seen during Russia's 2022 invasion of Ukraine. The problem now is that the aluminum market has been thrust into a serious supply shock amid the U.S.-Iran conflict in the Middle East, one that is unlikely to be reversed in the near term.
One big problem we highlighted last weekend was that Emirates Global Aluminum (EGA), the Gulf's largest aluminum...
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