Gulf War Leaves $58 Billion Repair Bill And Global Equipment Crunch

President Donald Trump warned Americans that gas prices may continue to increase through the midterm elections later this year. The war against Iran has caused substantial disruptions to the oil market.  When asked about the possibility that gas prices will continue to increase, the President said, “It could be, or the same, or maybe a […]

Why The Fertilizer Crisis May Spark Record Inflows Into Agri ETFs Goldman Now Anticipates Record Inflows For AGRI ETFs Second- and third-order effects from a three-week - and potentially longer - disruption at the Strait of Hormuz are extending well beyond energy markets. Even as some vessel transits resume through the narrow waterway, the shipping backlog continues to build across the Gulf region and could take weeks, if not longer, to clear. At the same time, Qatar's LNG export capacity may take years to fully recover after IRGC drone or missile strikes...

Russia Quickly Rejects Ukraine's Offer Of Ceasefire On Black Sea Shipping Ukraine has quietly floated a deal through a third-party mediator to halt reciprocal strikes on civilian vessels in the Black Sea, Reuters reports, in what appears to be a calculated bid to unfreeze a critical global commodity corridor and to relieve pressure on Ukraine's battered wartime economy. The maritime artery remains a vital economic lifeline for both nations, channeling massive volumes of grain and agricultural supplies to world markets - especially the Middle East and Africa - but there's now...