Supreme Court Rejects Challenge To Trump's First-Term Tariff On China

Traders Puzzled As Physical Oil Prices Tumble Amid Surging Chinese Crude Sales, Plunging Imports Yesterday when discussing China's unexpected flip-flopping on its decision to order local banks to ignore the latest US sanctions on Chinese, followed days later by a demand that they pause loans to sanctions refiners, we highlighted something remarkable: in the aftermath of the Strait of Hormuz blockade, which throttled the transit of ~10% of global oil and sent physical prices soaring to record highs (especially for Dubai crude), resulting in a windfall for European refiners thanks...

At least two Palestinians were killed on Sunday night when the Israeli military targeted a seaport cafe on the coast of Gaza as the IDF continues its constant violations of the US-backed ceasefire deal. Health officials told Reuters that at least 12 people were also wounded and that the cafe, west of Gaza City, was […]

Venezuela's Oil Revival Faces "Decade Or Two" Climb Back To Record Output, Piper Sandler Warns President Trump's "Donroe Doctrine" positions energy security in the West as a key pillar of US national security.  The removal of socialist Nicolás Maduro and the subsequent massive Venezuelan oil deal represent the opening act in a longer-term effort to rebuild production and secure supplies closer to the Gulf of America.  Piper Sandler global energy strategist Jan Stuart's view, however, highlights the time required for these new Venezuelan supplies to ramp up: any meaningful recovery in Venezuelan output...