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Energy Cliff, Supply Chain Shock: The Toxic Cocktail Behind The Urgent Push For An Iran Deal
Energy Cliff, Supply Chain Shock: The Toxic Cocktail Behind The Urgent Push For An Iran Deal
The U.S.-Iran interim peace deal has been signed, and the normalization of the Strait of Hormuz is now beginning. Tanker traffic through the critical waterway is slowly resuming, though a full return to pre-war or near-pre-war energy flows could take months.
But behind the urgency to get the memorandum of understanding deal across the finish line were two uncomfortable realities.
First, President Trump recently met with oil and gas executives, who likely informed the administration that...
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Sep 10, 2026 / Kyle Anzalone
Trump Says Iran War Will End ‘Very Shortly’ After Midterm
President Donald Trump said Americans should expect the war against Iran to continue through November’s midterm elections, predicting the conflict will end shortly afterward. Meanwhile, the Department of War is preparing to maintain a major US military presence in the Middle East through the end of the year. “The war will be over very shortly […]
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Mar 31, 2026 / Tyler Durden
Air Canada CEO Out After Admitting In PR Video That He Can't Speak French
Air Canada CEO Out After Admitting In PR Video That He Can't Speak French
Michael Rousseau is on his way out as head of Air Canada, after a crisis response that somehow made a bad situation worse - and then kept digging.
The backdrop: a fatal March 22 crash at LaGuardia Airport involving a flight from Montreal to New York City. Two pilots were killed.
Rousseau responded with a video offering his “deepest sorrow for everyone affected,” but delivered almost all of it in English, tossing in a token “bonjour” and “merci”...
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Apr 6, 2026 / Mark Thornton
The Elusive Giffen Good, Once Again
Can silver be called a Giffen Good? Probably not, although that fact doesn’t discourage some from looking for the equivalent of a unicorn in economic thinking.
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