Taiwan Semi Slides Despite Record Results In Warning Sign For Chip Companies

OPEC+ Agrees To Boost Output By Another 206,000 Barrels A Day When Strait Of Hormuz Reopens With the world's attention glued to every headline out of Iran, it is understandable why today's OPEC+ meeting was largely ignored, although with roughly 12% of global oil output throttled at the Strait of Hormuz, it's not as if even OPEC+ could do much to offset the supply shock.  Earlier on Sunday, the oil-producing cartel (where Iran is a founding member yet was missing from the Joint Ministerial Monitoring Committee) warned that damage to Middle...

Heavy fighting continued to rage in southern Lebanon overnight, and the Israeli command reported they’d sustained a number of casualties, with one soldier was killed and three wounded during a battle when their Humvee flipped over. The slain soldier was identified as Master Sgt. Ayal Bianco of the Barak Armored Brigade. The wounded soldiers were […]

Moscow Targeted By Over 50 Drones, Country's 2nd Largest Refinery On Fire We've been documenting that Ukraine has been demonstrating deeper targeting reach inside Russia, as several key oil sites have come under direct drone attack over several days and weeks, resulting in significant destruction. Just in the last several days, Russian state media has recorded over 50 Ukrainian drone attacks targeting the country's capital of Moscow. Moscow at night, via Medium Moscow Mayor Sergey Sobyanin on Tuesday confirmed that since the start of this month, Ukrainian efforts to target the capital region...