5Y Auction Tails Despite Jump In Foreign Demand, Yields Hit Session High

"We're On Borrowed Time": Vitol LNG Chief Warns Of Coming Food Price Shock Pablo Galante Escobar, the head of liquefied natural gas (LNG) at Vitol, warned the audience at the FT Commodities Summit earlier today that the "world is on borrowed time" and that the Gulf energy shock will develop into a food crisis unless LNG flows resume through the Hormuz chokepoint. "We are on borrowed time. Every day this trade remains closed and every day production does not come back, we are building a problem for the future, and...

A report published by the Israeli newspaper Haaretz on the “moral injuries” that IDF soldiers are dealing with includes several accounts of atrocities committed against Palestinians in Gaza, including one story about an IDF commander spitting on the bodies of children. The soldier, who went by the alias Yuval, said the incident occurred in southern Gaza near […]

The Market Is Starting To Price In Something Most People Still Don't See Authored by Milan Adams, There is a strange disconnect developing between financial markets and the average person. Most people still see the situation with Iran as another distant geopolitical story. It appears on television for a few minutes, disappears behind domestic political news, and then returns a few days later when another headline emerges. Investors, however, are beginning to treat it very differently. They are not watching the negotiations because they care about diplomatic symbolism. They are watching because a...