Crop Prices Hit 3-Year High As Heat & War Stoke Supply Fears; Options Whale Places $20M Corn Bet

India Unveils AI Kamikaze Drone As Global Powers Rush To Acquire Cheap Loitering Munitions The most visible weapon in the wars across Eurasia, from Ukraine to the Middle East, is the low-cost one-way attack drone. It has forever changed the economics of war and how war is fought on the modern battlefield by enabling swarm strikes at a fraction of the cost of traditional air-delivered munitions. Ukraine and Russia both proved this, and the last five weeks of the U.S.-Iran conflict have really confirmed it. In many ways, the war in...

US Southern Command said in a statement on Friday that its forces blew up another alleged drug-running boat in the Eastern Pacific Ocean and killed two people as the bombing campaign against small civilian vessels continues. As usual, SOUTHCOM offered no evidence to back up its claims that the boat was carrying drugs, something the […]

EU NatGas Hits Highest Since 2022 As Low Storage Sets Stage For Winter Cold-Snap Price Shock European natural gas futures hit their highest level since December 2022 (early days of the Russia-Ukraine conflict) as domestic supplies remain well below the 15-year average. With the Northern Hemisphere winter approaching, the restocking phase may be jeopardized by maritime chokepoint madness across the Gulf and Red Sea, with the Strait of Hormuz and Bab al-Mandab Strait under threat. Dutch benchmark futures jumped as much as 5.3% to 83.67 euros a megawatt-hour early Monday. Prices have...