"Shocking Levels Of Distress": CMBS Delinquencies Unexpectedly Soar To COVID Highs

The End Of Oil Volatility As A Weapon Authored by Tom Luongo via Gold, Goats, 'n Guns blog, This is the only chart that matters right now…not borrowing costs (@lukegromen). It’s the weekly chart of Brent Crude. I’ve been telling my patrons for three weeks in the Market Reports that the Brent Crude chart has all the earmarks of a market being manipulated UP to support a narrative… That narrative is Donald Trump is a madman who broke the world and is losing in Iran. Look at the chart carefully, you see big gaps between weekly...

Drone Attack On Russia's Tuapse Oil Refinery Unleashes Fire So Large It Can Be Seen From Space Russia and Ukraine have continued trading blows on key oil and energy sites, with the latest being a drone attack targeting Russia's Tuapse Oil refinery, which unleashed a fire so large it can be picked up by satellites in space. The refinery is owned by Rosneft and has suffered major attack before, in a March 2025 Ukrainian operation. Local authorities have declared a state of emergency, after schools and residential buildings suffered damage, and all...

Cuba Depletes Fuel As Blackouts Worsen, Putting Havana's Communists Under Pressure Ahead Of U.S. Talks Today's news cycle centers on President Donald Trump's summit and state banquet with Chinese President Xi Jinping, with early messaging from both sides pointing to a constructive first day. Once Trump concludes his China trip, if a peace deal emerges to de-escalate the Iran conflict - likely with Beijing leaning on Tehran to reopen the Hormuz chokepoint - the Trump administration's attention may quickly pivot to the next pressure point: Communist-controlled Cuba. As of mid-week,...