From The City Of Angels To The City Of Zombies...

Indian Ship Sunk Near Oman; Iranian Commandos Seize Vessel Off UAE Summary:  Indian Cargo Ship Sinks in Suspected Drone Attack off Oman  Iranian Commandos Board & Seize Honduras-Flagged Ship Off UAE Indian Cargo Ship Sinks Near Oman Maritime data company Windward revealed on X: Indian cargo vessel sunk by suspected drone attack off Oman The MSV HAJI ALI (MMSI: 419908021) has gone down in the Strait of Hormuz region. The 57m vessel was running dark (AIS disabled) at the time of the incident. The ship had recently transited from Somalia. All crew members have been successfully rescued....

UBS Finds Global Trade Structure "Surprisingly Stable" As AI Emerges As Growth Engine Despite ongoing Gulf-related energy shocks, mounting concerns over a potential energy cliff (read here), and UBS last month reactivating its supply chain stress-watch coverage, another UBS analyst noted Wednesday that the overall structure of global trade remains "surprisingly stable." Analyst Arend Kapteyn pointed out that the structure of global trade remains far more structurally stable than recent growth trends suggest, even as technology and AI-related categories have driven nearly 80% of recent trade growth while accounting for only...