Qatari LNG Tanker Transits Hormuz As U.S. Awaits Iran's Response To Peace Deal

Chevron, ConocoPhillips Warn About "Critical Shortages" Of Oil, Soaring Prices And Demand Destruction This morning, most of the world's energy giants including Exxon and Chevron, reported stellar earnings as surging oil prices more than offset curtailed output. They also issued several loud warnings about the ongoing Hormuz blockage which is no closer to resolution.  ConocoPhillips was first, warning of imminent “critical shortages” of oil for some nations as the Iran war that has crippled global energy flows enters its third month.  The supply crunch that already pushed Brent prices up more than...

"Billion Dollar Movie In One Prompt": AI Disruption Crosshairs Hone In On Hollywood Studios AI-driven equity disruption was everywhere this past week, spreading like wildfire beyond software into insurance, commercial real estate, financials, shipping, wealth management, and likely many more industries in the coming trading sessions. One industry in the crosshairs of AI disruption is Hollywood. Some of the publicly traded studios include The Walt Disney Company, Warner Bros. Discovery, Paramount Global, Sony Group Corporation, Netflix, Lionsgate, and others. On Friday, Axios reported that the Walt Disney Company sent a cease-and-desist...

Ukrainian Drone Strike Paralyzes Airports Across All Southern Russia Russian cities and communities are busy preparing Victory Day WW2 memorial events all across the country ahead of Saturday, and so security is already on edge and on high alert, especially in the Moscow area, given that Ukraine's devastating cross-border drone attacks have persisted and expanded of late. On Friday air traffic at 13 airports across southern Russia was suspended after drones struck a building at a regional air navigation center in Rostov-on-Don, Russia's transport ministry confirmed. This was the crucial air traffic...