Article
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,...
aboutLiberty Portal
Liberty Portal is your gateway for free markets and free thinking. We aggregate open-sourced content to promote and popularize important people and lessons within the liberty movement.
suggested
May 7, 2026 / Tyler Durden
Is It Time For Von Der Leyen To Go?
Is It Time For Von Der Leyen To Go?
Via Remix News,
Amidst continued fears regarding Putin attacking beyond Ukraine and economic uncertainty caused by the continued closure of the Strait of Hormuz, Brussels is reportedly beginning to grumble, i.e., look for someone to blame and remove.
Now, according to a report by Finnish public service media Yle, cited by Világgazdaság, voices are growing to remove the president of the European Commission, Ursula von der Leyen.
Several European leaders, as well as NATO officials, have long warned that Moscow may potentially attack NATO states, which...
Read more
May 19, 2026 / Tyler Durden
Trump Announces Expansion Of TrumpRx With 600 New Generic Drugs
Trump Announces Expansion Of TrumpRx With 600 New Generic Drugs
Via American Greatness,
President Donald Trump announced Monday that the administration is dramatically expanding the number of medications available through TrumpRx.gov, adding more than 600 generic drugs in what the White House described as another push to lower prescription costs for Americans.
Trump unveiled the expansion during remarks at the Eisenhower Executive Office Building on the White House campus, calling the move a major step toward making medications more affordable.
🚨 @POTUS announces a major expansion of https://t.co/qDpny1gZzN to feature more than 600...
Read more
Mar 31, 2026 / Tyler Durden
Iran President Says 'Prepared To End War' If Security Guarantees Offered, Oil Plunges
Iran President Says 'Prepared To End War' If Security Guarantees Offered, Oil Plunges
Summary
President Pezeshkian: prepared to end war with guarantees against further attacks.
IRGC warns it will hit 18 US tech companies in region, says Siemens in Israel already attack
China, Pakistan issue broad five-point framework for peace (document below); France, Italy begin to block airspace for Iran-related US ops
WarSec Hegseth saw "upcoming days will be decisive", strikes will continues without any deal - says "regime fragmenting"
President Trump signals off-ramp, tells world "go get your own oil", says Iran 'decimated'. Tells NYP the...
Read more




