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"Deepening Dark Trend" Emerges On Hormuz As Ship Traffic Slows
"Deepening Dark Trend" Emerges On Hormuz As Ship Traffic Slows
The US military has struck Iranian targets for a second straight day, while Tehran has responded with ballistic missile and drone attacks targeting Kuwait, Qatar, Bahrain and even faraway Jordan. While our overnight wrap focused on the latest war developments, the focus here is what energy traders are watching most closely: vessel traffic through the Strait of Hormuz.
Bloomberg cites new shipping data showing that the Hormuz chokepoint slowed to a near standstill on Thursday.
More color from the report:
Among larger vessels,...
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Jun 28, 2026 / Tyler Durden
Five Dynamics That Make Sense Of An Increasingly Chaotic World
Five Dynamics That Make Sense Of An Increasingly Chaotic World
Authored by Charles Hugh Smith via OfTwoMinds blog,
These dynamics and the incentives they generate lead to systemic crisis and collapse.
As I noted in What Once Explained Everything Now Explains Nothing, the simplicity of either-or ideologies appeal to us. Identifying with an ideology is like having a favorite sports team: yea for our team! Our team good, other team bad.
The roots of this simplistic either-or are obvious: our tribe good, other tribe bad. The problems with this simplistic loyalty arise when we attempt to...
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Jun 18, 2026 / Max Blumenthal
Israeli foreign agent took over The Charlie Kirk Show days after his killing
Charlie Kirk’s media empire and his right-wing activist organization, Turning Point USA (TPUSA), have come under the control of the Israel-directed forces he spent the last months of his life antagonizing. Erika Kirk now claims her husband supported Israel to the end, while TPUSA misrepresents his opposition to war on Iran. The Charlie Kirk Show […]
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May 5, 2026 / Tyler Durden
US Services Surveys Disappoint In April Amid Stench Of Stagflation
US Services Surveys Disappoint In April Amid Stench Of Stagflation
Despite Manufacturing surveys solid (and US factory orders surging), expectations are for the Services sector surveys today to show stagflationary signals (weak growth, surging prices).
S&P Global's Services PMI disappointed in April (final), falling from its flash print of 51.3 to 51.0, but still up from multi-year lows below 50 in March, showing just marginal activity growth despite weak drop in sales volumes.
ISM Services PMI also disappointed in April, falling from 54.0 to 53.6 (vs 53.7 exp) amid tumbling new orders and...
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