Baltic States Warn Of Unfunded Debt Surge For Europe's Defense Splurge

USAF Seeks 'Dronebuster' Anti-Jammer Gun To Protect Nuclear-Strike Base Whether it's data centers, critical infrastructure, stadiums, corporate headquarters, or even military bases, the U.S. remains largely unprepared to combat one-way attack drones, including Category 1 through 3 drones, because a critical layer of cheap, scalable counter-UAS technology is missing. The proliferation of low-cost drones across Eurasian war zones, from the Ukraine-Russia war to the US-Iran conflict in the Middle East, has permanently changed the course of modern warfare.  One-way attack drones and FPVs have exposed a missing layer of affordable air defense...

India's Imports Of Russian Oil Set For New Record High India is set to import a record-high volume of Russian crude in June as the Hormuz crisis and the U.S. waivers on Russia’s barrels have pushed the world’s third-largest crude importer to gorge on Moscow’s oil again, OilPrice reported. India has imported 2.6 million barrels per day (bpd) of Russian crude oil so far in June, according to preliminary vessel-tracking data from commodity analytics firm Kpler cited by Indian media. So far this month, Russian crude has accounted for as much as 53.5% of...

ZeroHedge Fertilizer Debate: Hormuz Closure Could Usher In New Arab Spring  On Friday, ZeroHedge, in partnership with the Macro Dirt Podcast, hosted a debate focused on the implications for agriculture, inflation, and global supply chains given the current situation in Iran. The discussion was illuminating and worth a rewatch if you missed it.  The discussion featured former Bridgewater head of commodities Alex Campbell, Brent Johnson of Santiago Capital, and was hosted by Tony Greer and Jared Dillian. The Damage Has Been Done Even in a best case scenario where shipping lanes reopen immediately, Santiago...