Russia Bans Diesel Exports, Assuring Even Higher Prices

Congress Passes 45-Day Extension Of FISA Section 702, Sending It To Trump's Desk Authored by Joseph Lord via The Epoch Times (emphasis ours), President Donald Trump on Thursday signed a bill to extend a spying authority of Section 702 of the Foreign Intelligence Surveillance Act (FISA) for 45 days as congressional debate on the controversial measure continues. The U.S. Capitol building on April 29, 2026. Madalina Kilroy/The Epoch Times Both chambers of Congress raced to pass the short-term measure earlier Thursday after the Senate declined to take up a House-passed bill to extend...

The Wrath Of Kharg By Ben Picton, Senior Market Startegist at Rabobank Brent crude is bid again this morning as markets digest the dump of news over the weekend relating to the Iran war. On the bullish side for crude was the US decision to bomb Iranian military assets on Kharg Island – the Persian Gulf port where up to 90% of Iranian oil exports are typically loaded onto tankers. Announcing the strikes via Truth Social, President Trump was at pains to be clear that oil infrastructure was not targeted, but...

"Reaching A Climax": Hedge Funds Turn Most Bearish On Yen Since 2007, As Former FX Czar Sees 20% Undervaluation For much of the past year, when the USDJPY disconnected - initially playfully and then terminally - from 2Y yield differentials, FX traders have been asking when and how will this gaping divergence finally converge. Alas, that answer remains elusive still, even as the collapse in the yen has pushed the currency to a generational low, and become an increasingly political topic leading to a surge in Japanese bankruptcies, and a...