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Hormuz Closure 'Inflicting Enormous Impact' On Asia: Japan's PM Takaichi
Hormuz Closure 'Inflicting Enormous Impact' On Asia: Japan's PM Takaichi
The closure of the Strait of Hormuz is "inflicting enormous impact" on the Asia-Pacific region, Japanese Prime Minister Sanae Takaichi said Monday in somewhat dramatic remarks before the press.
Takaichi's words were issued from Canberra, on the occasion of Japan having signed agreements with Australia on critical minerals, energy security, and defense cooperation amid high-level talks with Prime Minister Anthony Albanese. Albanese in turn endorsed her assessment, stating: "Today, (we are) again facing an energy shock and global instability... Our partnership helps...
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Apr 13, 2026 / Tyler Durden
Master And Commander-In-Chief
Master And Commander-In-Chief
By Benjamin Picton, senior market strategist at Rabobank
April – 2026. The IRGC is master of the Strait of Hormuz. Only the American fleet stands before them. Oceans are now battlefields.
Financial markets are back in a risk-off mood today following news over the weekend that US-Iran peace talks ended without agreement and a statement by CENTCOM that the United States will be initiating its own blockade of the Strait of Hormuz from today. President Trump took to Truth Social to say that he has instructed US forces to...
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Jul 1, 2026 / Jason Ditz
IDF Postpones Token Pullouts From Lebanon ‘Pilot Zones’
In an effort to make the latest Israel-Lebanon ceasefire agreement seem like it was doing something more than the half dozen that came before, there was talk during negotiations of Israel agreeing to “symbolic” withdrawals from small segments of Lebanon as a good faith gesture. It wouldn’t impact the overall occupation, but it’d be something […]
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May 15, 2026 / Tyler Durden
Gemini Space Station Soars On $100 Million Winklevoss Investment
Gemini Space Station Soars On $100 Million Winklevoss Investment
Heavily shorted Gemini Space Station soared in premarket trading after Tyler and Cameron Winklevoss injected $100 million into the money-losing crypto exchange, buying Class A shares at $14 apiece in a bitcoin-funded transaction.
GEMI shares are up 20% in premarket trading after closing at $5.26 on Thursday, though the stock remains down 47% year to date.
Short interest is high at 21.5% of the float, equivalent to roughly 8.3 million shares, with 5.3 days to cover, leaving GEMI vulnerable to a squeeze...
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