Lebanese President and Hezbollah Leader Both Call for Full Israeli Withdrawal from Lebanon

Dispute Whether Hormuz Is Open Intensifies As Ships Continue Transiting The US and Iran exchanged another round of strikes overnight, extending a weeklong surge in fighting and casting dark clouds of uncertainty over whether the Strait of Hormuz remains open to commercial shipping. US Central Command revealed US forces unleashed air-delivered munitions on dozens of Iranian air-defense systems, coastal radar systems, missile launch sites, and drone capabilities, bringing the weekend total to about 140 targets. This move aimed to degrade the IRGC's ability to threaten commercial shipping in the Hormuz chokepoint,...

Tuesday marked one year since the US bombed a migrant detention facility in Saada, northern Yemen, killing 68 African migrants, and Amnesty International has reiterated its call for the attack to be investigated as a potential war crime. The strike was part of the Trump administration’s bombing campaign in Yemen dubbed “Operation Rough Rider,” which […]

Fuels (And Canada) Spark US Import/Export Price Surge In February As we have noted numerous times in the last week or two, inflation fears are back (or rather stagflation) as growth stagnates and prices re-accelerate...   This morning we get yet more confirmation of the second wave of inflation as US Import/Export prices blew expectations away... US Import prices jumped by 1.5% MoM (the third monthly rise in a row) - the biggest MoM jump since March 2022. The acceleration in prices pushed import costs up 1.3% YoY - highest since Feb 2025. Under the...