Trump Disapproval Rate Hits Career-High - War And Rising Costs Take Toll

WTI Holds Losses As Cushing Hits 'Tank Bottoms', US Production At Record Highs Oil prices are testing down to pre-war levels this morning as more tankers cross the Strait of Hormuz and signs of progress in US-Iran peace talks eased fears of an immediate supply crunch. Vessels are transiting Hormuz with their satellite signals switched on, indicating growing confidence among shipowners about safe passage of the chokepoint, through which about a fifth of global oil supplies transited before the war. The International Maritime Organization also said it had received safety guarantees allowing hundreds of...

Mises, Rothbard, & Libertarian 'Just War' Theory In The 2026 Iran War Authored by Daniel Lacalle, As of April 2026, the US and Israel are still at war with Iran. The war began on February 28 with surprise bombings that killed Supreme Leader Ali Khamenei and other high-ranking officials. Since then, attacks on infrastructure have continued, leading to significant disruptions in essential services and escalating tensions in the region. Iran has attacked targets in Gulf nations and tightened its grip on the Strait of Hormuz as a result. The conflict has damaged the economy around the...

The Next Commodity Supercycle Has Already Started Authored by Chris Macintosh via InternationalMan.com, The world rotates between two sectors: technology and energy. You have to turn the lights on or nothing happens. You need both the lights and the energy to power them. No lights, only energy? Nothing. Lights with no energy? Nothing. Essentially you have to innovate or you never progress. Markets tend to rotate between those two broad sectors accordingly. Go back to the height of the energy boom in 2013 and 2014. You couldn’t give Microsoft away. Energy, on the other...