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Breaking The Stalemate
Breaking The Stalemate
By Bas van Geffen, Senior Macro strategist at Rabobank
Energy prices continue their ascend –with Brent futures trading above $124/barrel – after media report that the US may try to break the stalemate in the US-Iran war by force. Axios reports that military leaders will brief Trump on potential military options today. Reportedly, the Pentagon is preparing a wave of “short and powerful” strikes on Iran, likely targeting infrastructure.
Yesterday, Trump still suggested that he would not resume the bombing campaign. The US president said he believes the US...
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May 7, 2026 / Dave DeCamp
US Official Says Iran Has 70% of Pre-War Missile Stockpile and Is Assembling New Ones
A US official has told The Washington Post that the US believes Iran maintains about 70% of its pre-war stockpile of missiles and 75% of its pre-war inventory of missile launchers, painting a starkly different picture of Iran’s military capabilities following the US-Israeli bombing campaign than what President Trump and his top officials have claimed. […]
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Apr 15, 2026 / Tyler Durden
Bessent Keeps Running Tally Of China As "Unreliable Global Partner" - Count Now Stands At Three
Bessent Keeps Running Tally Of China As "Unreliable Global Partner" - Count Now Stands At Three
Treasury Secretary Scott Bessent told reporters Tuesday that Beijing’s panic hoarding of crude and refined products, while refusing to join the rest of the world in releasing supplies to offset the Gulf energy shock, has now demonstrated for the third time in five years that China is an "unreliable global partner."
"China has been an unreliable global partner three times in the past five years; once during COVID, when they hoarded healthcare products, second on...
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Apr 6, 2026 / Tyler Durden
Stockman Warns This Is Not Your Grandfather's Stagflation
Stockman Warns This Is Not Your Grandfather's Stagflation
Authored by David Stockman via The Brownstone Institute,
It was pretty obvious even before February 28th that the US economy was grinding to a halt, even as inflation was already working up a head of steam. But then came war.
We are going to get a globe-shaking economic conflagration erupting from the void that was the Persian Gulf commodity fountain. That includes between 20% and 50% of all the basic commodities that drive global GDP, including crude oil, LPGs, LNG, ammonia, urea, sulfur, helium,...
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