Is The Iran War Good For The Petrodollar?

Toward Dual-Use Deterrence On The Moon Authored by Rick Fisher via The Epoch Times, As the United States pursues its goal of sending astronauts to the moon starting in 2028 to start building lunar bases—and China pursues its goal of sending its people to the moon by 2029 or 2030, also to start building lunar bases—it is necessary to consider a lunar political-military stability based on dual-use technologies. Concern that China could behave aggressively on the moon is justified based on its behavior on Earth: an unwillingness to recognize the territory of...

"Diesel Is At Epicenter Of Supply Squeeze,": Goldman Goldman analysts are out with an eye-opening note showing that global refinery runs have plunged to their lowest seasonal level since the Covid era as conflict-related outages hammer Russia and the Gulf while Chinese processing remains subdued. Analysts, including Yulia Zhestkova Grigsby and Daan Struyven, introduced a new global refinery-runs nowcast, estimating that global runs declined by 6.5 million barrels per day from a year earlier in late July. Non-OECD throughput dropped by 7 million barrels per day, led by the Middle East,...

UMich Sentiment Surges To Pre-War Highs; AI Fears Becoming "Salient" Having rebounded from record (46 year) lows in June, University of Michigan's final July Sentiment survey was expected to show further improvement MoM, but a slight decline from the preliminary print as gas prices started rising again following the apparent end of the MoU-driven MidEast ceasefire. However, from 49.5 final for June, UMich headline print rose to 54.4 preliminary and has now jumped further to 55.2 (54 exp) final - the highest since February. Both Current Conditions and Expectations sub-indices also rose with...