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OPEC+ Agrees To Boost Output By Another 206,000 Barrels A Day When Strait Of Hormuz Reopens

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...
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Sep 8, 2026 / Dave DeCamp
Israeli Attacks in Gaza Kill at Least One Palestinian, Wound 15 Others
Israeli attacks in Gaza on Tuesday killed at least one Palestinian and wounded 15 others, the Palestinian news agency WAFA has reported, as the IDF continues its constant violations of the US-backed ceasefire deal. Sources at the al-Awda Hospital told WAFA that the body of one slain Palestinian and 11 injured people were brought to […]
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Apr 29, 2026 / Tyler Durden
China Loses Monopoly Over The Rarest Of Rare Earths
China Loses Monopoly Over The Rarest Of Rare Earths With less than three weeks to go the Trump-Xi summit in China, the scramble for leverage and superiority - whether in terms of the Iran war or the just as important supply chain of rare earths - is on. That explains why the Pentagon’s push to get its hands on the rarest of the rare-earth elements leads all the way to this small port city in Malaysia. As the WSJ reports, Australia's Lynas Rare Earths has begun pumping out heavy rare earths,...
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Jul 21, 2026 / Tyler Durden
Gold & Tech: How The Whales Trick The Retail Plankton
Gold & Tech: How The Whales Trick The Retail Plankton Authored by Matthew Piepenburg via VonGreyerz.gold, Never in my 30+ years in the markets have I seen a monetary, precious metal and risk-asset setup more obvious yet more deliberately ignored than today. Below, we look at the converging signposts screaming from the tech/AI sector and the equally obvious (yet deliberately downplayed) signals from a precious metals market entering a watershed turning point. How the Whales Do Their “Magic” As warned for years, and more recently here at the precious metals symposium in Florida, the insider whales...
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