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First Chinese Tanker Attacked Near Hormuz As Beijing Urges Waterway Reopened
First Chinese Tanker Attacked Near Hormuz As Beijing Urges Waterway Reopened
There have certainly been escalating tensions in the Strait of Hormuz this week amid a wave of Iranian attacks on commercial ships after a U.S. military effort to escort merchant vessels through the maritime chokepoint.
By midweek, tensions had simmered, and Iran is still reviewing a 14-point U.S. proposal to end the war, with Tehran expected to send its response to Pakistani mediators later today.
President Trump said talks with Iran have been "very good" and suggested a deal remains possible....
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Mar 13, 2026 / Joshua Mawhorter
Revisiting Colonial Massachusetts and Mises’s Taxonomy of Money
Contrary to what the Modern Monetary Theory advocates and their Chartalist allies are claiming, the 1690 colonial Massachusetts issuance of fiat money did not create an enlightened moment in U.S. monetary history. Instead, it was a monetary bait-and-switch.
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May 8, 2026 / Larry C. Johnson
The Gulf Separating the US and Iran is Too Wide to Bridge
As I pointed out in my last article, someone in the Trump administration who has been briefed on Trump’s upcoming statements about the war in Iran made a financial killing yesterday. This is part of a continuing pattern of deliberate deception by Trump, i.e., pretending there is great progress with talks with Iran, which in […]
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Mar 14, 2026 / Tyler Durden
Jet Fuel Prices Soar As War In Iran Ripples Through Global Aviation
Jet Fuel Prices Soar As War In Iran Ripples Through Global Aviation
Authored by Felicity Bradstock via OilPrice.com,
Airlines, including Qantas, SAS, and Air New Zealand, have already announced airfare increases.
Surging jet fuel prices and disruptions in the Strait of Hormuz are squeezing airline operations.
Prolonged conflict could weaken travel demand and deepen pressure on global airline stocks.
As the war in Iran spills over into other parts of the Middle East, energy experts expect the price of several oil and gas products to soar over the coming months, driven by shortages. This...
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