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Key Aluminum Spread In London Hits Biggest Backwardation Since 2007
Key Aluminum Spread In London Hits Biggest Backwardation Since 2007
Aluminum futures in London surged to a four-year high on Monday as President Trump's Strait of Hormuz blockade, set to take effect this morning, threatened to deepen supply chain disruptions across the Gulf region. On top of that, the Gulf's largest aluminum producer declared force majeure on parts of its contract book over the weekend.
Aluminum climbed 1.4% to $3,547 per ton on the London Metal Exchange as traders priced in increased shipment disruption risk ahead of President Trump's Hormuz blockade,...
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Jun 16, 2026 / Tyler Durden
New Oregon Initiative Would Criminalize Hunting, Fishing And Farming
New Oregon Initiative Would Criminalize Hunting, Fishing And Farming
Only 1% of the American population identifies as vegan (a person who refrains from using or consuming any animal products), and around 3% of the population identifies as vegetarian. It is therefore a little confusing as to why American political and social discourse is hijacked by vegan issues so often.
Leftist activists have adopted the age-old mantra that the "squeaky wheel gets the oil"; but imagine a wheel that never gets enough oil? Imagine a movement specifically designed to keep society constantly...
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Oct 3, 2026 / Tyler Durden
David Ellison Debuts New Name For Merged Paramount, Warner Bros. Studios
David Ellison Debuts New Name For Merged Paramount, Warner Bros. Studios
Authored by Jill McLaughlin via The Epoch Times,
Paramount and Warner Bros. studios will be combined under one company named Skydance, company CEO David Ellison announced Oct. 2 on his newly opened X account.
David Ellison, CEO of Paramount Skydance, speaks during the Paramount Pictures presentation at CinemaCon at Caesars Palace in Las Vegas on April 16, 2026. AP Photo/Chris Pizzello"We have big goals for Skydance, and we intend to pursue them with passion, imagination, and a willingness to take smart...
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Mar 25, 2026 / Tyler Durden
China Signals Strong Support For Pakistani Offer To Host US-Iran Peace Talks
China Signals Strong Support For Pakistani Offer To Host US-Iran Peace Talks
China has made clear that it condemns the US-Israeli attack on Iran, saying the war should have never started, but is now signaling strong support to Pakistani-mediated efforts at finding peace.
Beijing has commented on the Pakistani offer to host US-Iran talks aimed at ending the war, with Chinese Foreign Ministry spokesman Lin Jian telling reporters in Beijing: "Ceasefire and peace talks are more important tasks at hand." The statement comes amid fresh reports that Tehran has rejected an initial...
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