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Gulf Energy Shock Spreads To Global Plastics As War Sparks Force Majeure Wave
Gulf Energy Shock Spreads To Global Plastics As War Sparks Force Majeure Wave
Building on our earlier "Global Demand Destruction" note, which mapped how the Gulf energy shock is spreading globally and the immediate effects of rationing, price controls, and fuel shortages, another second-order disruption is quickly emerging: supply chain disruptions in critical plastic feedstocks.
Plastics are core to the modern economy, and a troubling new Bloomberg report indicates that several producers of monoethylene glycol (MEG) and purified terephthalic acid (PTA) have declared force majeure, as tanker flows through the Strait...
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Mar 16, 2026 / Kyle Anzalone
Report: Trump Considering Ground Invasion of Iran
President Donald Trump is considering sending US troops to Kharg Island to seize Iranian oil assets. According to officials speaking with Axios, the President is considering ordering US troops to seize the Iranian oil assets on the island. Kharg Island is about 15 miles off the coast of Iran, and is home to the seaport […]
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May 20, 2026 / Kyle Anzalone
Report: Netanyahu ‘Hair on Fire’ Angry After Call with Trump
A new report from Axios says that President Donald Trump held a difficult call with Prime Minister Benjamin Netanyahu about ending the war against Iran. Barak Revid wrote on Wednesday that he spoke with multiple officials who said Trump informed Netanyahu that he is considering signing a letter of intent with Iran to end the […]
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May 10, 2026 / Dave DeCamp
Netanyahu Says Iran War Is ‘Not Over’
Israeli Prime Minister Benjamin Netanyahu has said that the US-Israeli war against Iran is “not over,” pointing to the fact that Iran still has its stockpile of enriched uranium and maintains its ballistic missile program. “I think it accomplished a great deal, but it’s not over,” Netanyahu said when asked if the conflict was over […]
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