Futures, Gold Slide, Oil Jumps After Iran Peace Talks Delayed

South Korea Curbs Syringe Hoarding As Iran War Cripples Supply The downstream consequences from the Hormuz closure are popping up in the most unexpected places.  According to Bloomberg, South Korea’s health regulators are stepping in to curb syringe hoarding as supply chain disruptions tied to the Middle East conflict threaten the availability of essential medical supplies. While overall syringe production remains steady at about 4.5 million units a day - slightly above 2025 averages - hospitals report dwindling inventories, and online platforms show rising prices and empty virtual shelves, according to the...

Murray Rothbard famously asked Cui bono? to help unearth government scandals. Kenya’s politicians certainly benefitted from the Eurobond affair.

US Fighter Jet Downed In Iran, Large Aerial Search Underway For Crew Iranian media has announced that national forces have shot down a US fighter jet, and a US search and rescue effort is is active over Iran in an effort to locate two crew. Israeli media as well as Axios are also reporting it, with emerging photos and videos suggesting it is an F-15 fighter jet. "Iranian state media published pictures and videos that allegedly show parts of the downed plane and one of the ejection seats," Axios writes. Photos initially...