After Record $19.50 Premium, Saudis Eye Sharp Cut To June Asia Prices

Is It Time For Von Der Leyen To Go? Via Remix News, Amidst continued fears regarding Putin attacking beyond Ukraine and economic uncertainty caused by the continued closure of the Strait of Hormuz, Brussels is reportedly beginning to grumble, i.e., look for someone to blame and remove. Now, according to a report by Finnish public service media Yle, cited by Világgazdaság, voices are growing to remove the president of the European Commission, Ursula von der Leyen. Several European leaders, as well as NATO officials, have long warned that Moscow may potentially attack NATO states, which...

Fear Of The Second Wave Authored by Jeffrey Tucker via The Epoch Times, This time last year, it seemed like we were just about finished with the terrible inflation of the Biden years that had trimmed at least 25 percent from the purchasing power of the dollar. The hope has been for a year that the massive increases in money printing over the COVID years were finally done. As some put it, the snake had finally digested the golf ball. All along we’ve worried that the experience of the 1970s would repeat: three...

Oil Climbs Amid Reports US Attacking Iranian Tanker, Targets Near Kharg Island Update(15:35ET): Oil climbed on reports of explosions on Iran's Kharg Island: Senior US officials to Fox: US military has struck targets near Kharg Island and Jask. The targets include Iranian oil tankers. This is part of a larger effort to squeeze Iran economically. The strategy includes sinking and disabling Iranian crude oil tankers. -FOX MULTIPLE EXPLOSIONS HEARD NEAR KHARG ISLAND ANCHORAGE, A KEY IRANIAN OIL EXPORT HUB; CAUSE, ORIGIN & ANY POTENTIAL DAMAGE REMAIN UNCONFIRMED. - MEHR NEWS AGENCY US is...