Trump Says US Sent Arms to Iranian Group to Use Against Government

EV Demand Surges Across Asia After Energy Shock Sends Consumers Into Panic Mode One of the biggest takeaways in global energy markets this week is the growing fragmentation. Brent crude in Asia has surged to over $150 a barrel, with demand destruction already emerging, and China and India facing the greatest pressure given their heavy reliance on Gulf crude. Meanwhile, the Trump administration has moved to release barrels from the Strategic Petroleum Reserve to help cap WTI prices below triple digits, with US crude currently trading around $94 a barrel. And...

Poland Rejects 'Unofficial' US Request To Redeploy Patriot Batteries To Mideast Via The Cradle Poland has rejected an "unofficial" US request to deploy one of its Patriot air defense systems to West Asia, Polish Defense Minister Władysław Kosiniak-Kamysz announced on Tuesday, following reports by Polish daily Rzeczpospolita that Washington had informally approached Warsaw amid rising regional tensions. "Our Patriot batteries and their armaments are used to protect Polish airspace and NATO's eastern flank. Nothing is changing in this regard and we are not planning to move them anywhere!" Kosiniak-Kamysz stated. Still frame via the...

Britain Once Led The World. What Happened? Authored by Damian Pudner via the Foundation for Economic Education, An unsettling look at the economic settlement that the UK now seems willing to accept can be found in the latest fiscal forecast, published on March 3. By the end of the forecast period, borrowing will have decreased from 5.2 percent of gross domestic product (GDP) in 2024–2025 to about 1.6 percent. Public debt stabilizes at roughly 95 percent of national income. At those levels, even small shifts in interest rates matter: The Office for Budget...