Iraqi Protesters Overrun Kuwait Consulate, Angry Over Role In US Actions

Israel continued airstrikes and ground attacks across Lebanon today, with Lebanese Prime Minister Nawaf Salam warning there seems to be no end to the expanded Israeli occupation in the south. The Lebanese Health Ministry reported that over the last 24 hours, another 27 people have been killed in Israeli attacks, and 105 others wounded. This […]

AirGas Declares Force Majeure On Helium Shipments As Qatar Production Collapses Earlier this week we reported that global chip production was in peril as "Qatar Warns Helium Exports Set To Collapse." Best known as the gas that makes party balloons float, helium is far more important as a key input in chipmaking, space rockets and medical imaging. The problem is that Qatar supplies a third of the world’s helium, and the Gulf nation had to halt production after Iranian strikes against the region’s energy producing infrastructure crippled its LNG production which is...

Massive Relax By Benjamin Picton, Senior Macro Strategist at Rabobank Oil futures are being offered this morning after President Trump on Friday declined to continue strikes on Iran. The ‘pause’ was extended over the weekend and reciprocated by the Iranians, marking the first ‘cease’ of the ceasefire in almost a fortnight. According to Axios, Donald Trump’s advisors had provided the President with attack plans for the day but CENTCOM commander Admiral Brad Cooper reportedly advised against further strikes, arguing that Iran’s ability to disrupt shipping in the Strait of Hormuz had already been substantially...