BOJ Keeps Rates On Hold In Rare 6-3 Vote Split As It Warns Of Looming Stagflation

Armor-Piercing Ammo Metal Up 557% As China Chokes Supply, War Demand Surges Tungsten, used in missiles, tank rounds, armor-piercing ammunition, and some smaller-caliber munitions, has surged in price over the last year as China curbed exports and global supplies tightened. This is a major concern, as multi-front conflicts - from the Middle East to Eastern Europe - are depleting interceptor missile supplies. Bloomberg cites new data from commodity price reporting agency Fastmarkets showing tungsten prices have surged to $2,250 per metric ton this month, up 557% since Beijing added certain tungsten...

Iran Says Two Tankers Exploded In Hormuz Chokepoint As Ship Traffic Near Standstill Visible maritime traffic through the Hormuz chokepoint remained subdued into the new week after Iranian forces allgedly targeted tankers attempting to transit the narrow waterway, including routes close to Oman. This comes as the US and Iran have been locked in a dangerous tit-for-tat escalation that has entered its ninth day. UK maritime authorities reported an unverified vessel fire near Oman late Sunday. Reuters reports that Iran's Revolutionary Guards claimed two crude oil tankers exploded and were immobilized...

President Donald Trump is ramping up pressure on Tel Aviv to grant a pardon to Israeli Prime Minister Benjamin Netanyahu. The Israeli leader is battling multiple corruption charges.  Trump told the Israeli outlet Kan News on Sunday, “Tell your president to pardon Bibi [Netanyahu’s nickname]. He’s a wartime prime minister. They wouldn’t have Israel if […]