California Gas Tops $6 As "Big Prices Hike Expected" Across Great Lakes Region

Russia Condemns US Attack On Iran, Warns Of Possible 'Radiological Catastrophe' As fully predictable, Moscow has blasted the major overnight and early morning US-Israeli strikes on Iran, calling the attack "a preplanned and unprovoked act of armed aggression against a sovereign and independent U.N. member state" and has demanded an immediate halt to the military campaign and a return to diplomacy. The Foreign Ministry in a statement on Telegram accused Washington and Tel Aviv of "hiding behind" concerns about Iran’s nuclear program while actually pursuing regime change, as also cited in...

Oil Shocks & Recessionary Outcomes Authored by Lance Roberts via RealInvestmentAdvice.com, After more than three decades of watching oil markets upend economies, one pattern keeps repeating: investors learn the wrong lessons from the last shock. The 1973 OPEC embargo taught us that geopolitical disruptions are temporary. That lesson then got everyone killed, financially speaking, in 1979. The 2003 Iraq War produced only a mild oil bump and no recession, so traders got comfortable. Then 2008 happened. Today, with Brent crude having spiked over 60% since U.S. and Israeli strikes on Iran...

Washington and Moscow both enthusiastically celebrated the victory of the Allied “Grand Alliance” over the fascist powers at the end of World War II.  Since then, however, the two capitals have typically been on opposite sides of numerous nasty geostrategic struggles around the world.  They also have relished opportunities to work with foreign countries and […]