Global Plastics Supply Chains Further Pressured As Abu Dhabi Petrochemicals Plant "Suspended" After Attack

Ford Sales Post Sharp 14.4% Decline In April As EV & Hybrid Sales Plunge Ford Motor Company posted a sharp sales decline in April as demand for new vehicles cooled across much of the auto industry, with the company reporting a 14.4% drop year over year to 178,667 vehicles sold, according to Autoevolution. The weaker month pushed Ford’s year-to-date total to roughly 636,000 deliveries — still ahead of Hyundai Motor Company and Kia Corporation, but well behind Toyota Motor North America. Autoevolution writes that the slowdown comes as automakers face softer demand...

Supreme Court To Decide Whether Colorado Can Deny Funding For Catholic Preschools The U.S. Supreme Court has agreed to hear St. Mary Catholic Parish v. Roy, a significant religious liberty case that pits Colorado’s universal preschool funding program against Catholic schools’ faith-based admissions and operational policies. Earlier this week, the Court granted certiorari in an unsigned order (no dissents noted), limiting review to two questions from the petitioners’ November 2025 petition. Arguments are expected in the Court’s October 2026 term. The Supreme Court building in Washington on April 13, 2026. Madalina Kilroy/The...

OPEC+ Agrees To Boost Output By Another 206,000 Barrels A Day When Strait Of Hormuz Reopens With the world's attention glued to every headline out of Iran, it is understandable why today's OPEC+ meeting was largely ignored, although with roughly 12% of global oil output throttled at the Strait of Hormuz, it's not as if even OPEC+ could do much to offset the supply shock.  Earlier on Sunday, the oil-producing cartel (where Iran is a founding member yet was missing from the Joint Ministerial Monitoring Committee) warned that damage to Middle...