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Vegetable-Oil Inflation Sends World Food Prices Higher
Vegetable-Oil Inflation Sends World Food Prices Higher
The benchmark for global food commodity prices rose for a third consecutive month in April, hitting its highest level since early 2023, as Middle East supply disruptions, elevated energy costs, and tightening supplies of certain agricultural products appear to be driving the next leg higher in global food prices.
This is a major risk we have warned about throughout the U.S.-Iran war, as energy and supply chain disruptions spread quickly through fertilizer, diesel, freight, biofuels, grains, and vegetable oils. We even treated readers to...
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May 6, 2026 / Tyler Durden
'We Need People To Come Back': Dubai's Tourism Industry Reels As Foreigners Flee
'We Need People To Come Back': Dubai's Tourism Industry Reels As Foreigners Flee
Via Middle East Eye
Dubai is facing an existential crisis with the US and Israeli war on Iran forcing tourism numbers to fall sharply, with widespread hotel closures and job losses decimating the global tourism hotspots' hospitality sector.
On Monday, Dubai Airports reported that first-quarter passenger traffic was down by at least 2.5 million from the same period in 2025, with March seeing a 66 percent drop in passenger numbers as travelers chose to steer clear of the Gulf.
Empty beds are pictured before high-rise buildings along a beach...
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Jun 21, 2026 / Tyler Durden
With Just 2 Weeks To Go Until 250th July 4th Celebration, How Much Higher Will Trump Pump Stocks
With Just 2 Weeks To Go Until 250th July 4th Celebration, How Much Higher Will Trump Pump Stocks
By Peter Tchir of Academy Securities
Getting Ready for the Most Beautiful HUGE Long Weekend Ever
I hope you are all enjoying the Juneteenth long weekend and Father’s Day. It seems like we just had a long weekend (because we did) and that another long weekend is almost upon us (because it is). While the 4th of July is always special, this being the 250th celebration of Independence is a big deal. I think...
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Jun 14, 2026 / Dave DeCamp
British Royal Marines Board and Seize Russia-Linked Tanker in the English Channel
On Sunday, British Royal Marines boarded and seized an oil tanker in the English Channel that the UK says is part of Russia’s “shadow fleet,” a term Western countries use to describe vessels that ship Russian oil despite US and European sanctions. According to ship-tracking data, the tanker Smyrtos was sailing under the Cameroonian flag, […]
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