Annihilating Iranian Civilization with a Blockade

Vegetable-Oil Inflation Sends World Food Prices Higher The benchmark for global food commodity prices rose for a third consecutive month in April, hitting its highest level since early 2023, as Middle East supply disruptions, elevated energy costs, and tightening supplies of certain agricultural products appear to be driving the next leg higher in global food prices. This is a major risk we have warned about throughout the U.S.-Iran war, as energy and supply chain disruptions spread quickly through fertilizer, diesel, freight, biofuels, grains, and vegetable oils. We even treated readers to...

Feared Free-Market Activist Warns Texas Stock Exchange Against Going Woke Authored by Will Hild via The Center Square, As the Texas Stock Exchange begins its launch, Texans have every reason to celebrate. Soon, the TXSE will join Nasdaq Texas as a fully functioning venue, and the NYSE has signaled a strong commitment to Texas as well. It is clear that Texas is emerging as a serious challenger to New York as the nation's financial capital. Texas Gov. Greg Abbott rings the Closing Bell of the New York Stock Exchange (NYSE) in celebration...

WTI Holds Losses As Cushing Hits 'Tank Bottoms', US Production At Record Highs Oil prices are testing down to pre-war levels this morning as more tankers cross the Strait of Hormuz and signs of progress in US-Iran peace talks eased fears of an immediate supply crunch. Vessels are transiting Hormuz with their satellite signals switched on, indicating growing confidence among shipowners about safe passage of the chokepoint, through which about a fifth of global oil supplies transited before the war. The International Maritime Organization also said it had received safety guarantees allowing hundreds of...