Is Donald Trump Trying to Create a Nuclear Narrative as his Escape ramp from the War with Iran?

Meta Raising $13 Billion SPV For Texas Data Center As Its CDS Hits Record Back in January, just days before the latest private crash swept across markets, we reminded readers that one of the biggest abusers of private credit SPVs was none other than Meta which as of 2025 was "already neck deep in off-balance sheet debt." We then showed a schematic of its $27.3 billion SPV with private credit ground zero - Blue Owl - titled "Project Beignet", which was created for Meta's Hyperion data center, "none of this...

Trump Begins Blockade Of Hormuz Strait, Says Iran "Will Not Be Allowed To Profit From Extortion" Summary President Trump begins blockading Strait of Hormuz, warns US military will "finish up the little that is left of Iran" 2 Supertankers U-turn after peace deal talks fail UAE Oil Chief warns Iran blocking Hormuz is "a direct threat to the energy, food and health security of every nation" The odds of a peace deal by the end of the ceasefire period have improved modestly today but remain down significantly from pre-talks... Attempted Boarding of Commerical Ship in Bab...

WTI Holds Rebound Gains As US Fuel Exports Hit Record High, Production Dips, Huge SPR Drain Oil prices are lower overnight (but dramatically off their lows) amid on-again, off-again optimism of an imminent US-Iran peace deal. Benchmark Brent fell as much as 12% to $96.75 a barrel in London, while West Texas Intermediate dropped up to 13%. European natural gas plunged as much as 14%. Oil and gas later pared about half of those losses after Trump said in a Truth Social post on Wednesday that if Iran doesn’t agree, “the bombing...