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Three Levers China Is Pulling To Weather Gulf Energy Shock; How Long Can Beijing Hold Out?
Three Levers China Is Pulling To Weather Gulf Energy Shock; How Long Can Beijing Hold Out?
The new troubling development is that maritime chokepoint chaos spread overnight from the Strait of Hormuz to the Bab el-Mandeb Strait, where Iran-backed Houthis targeted two Saudi Arabian tankers. The attacks expose yet another maritime chokepoint and risk further physical market tightening, forcing traders to price a larger war-risk premium into Brent crude futures and pushing the benchmark above $100 a barrel Thursday morning.
Oil headed to Asia generally does not flow through both chokepoints....
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Jun 13, 2026 / Tyler Durden
Romania Asks Ukraine To Add Self-Destruct Function To Stray Drones, After One Exploded At Its Port
Romania Asks Ukraine To Add Self-Destruct Function To Stray Drones, After One Exploded At Its Port
Errant Ukrainian drones which wonder across borders and into neighboring Baltic and Eastern European countries are becoming enough of a problem to where some NATO allies pushing for a self-destruct function.
Romanian Defense Minister Radu Miruta has proposed that Ukraine program its maritime drones to self-destruct if they veer into the country's territorial waters, coming just on the heels of a major disaster.
AP image: explosion of errant Ukrainian drone at key Romanian port.
The remarks were...
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Mar 11, 2026 / Dave DeCamp
Iran’s Control of Strait of Hormuz Means It’s Exporting More Oil Than Before the War
Iran has been exporting more oil through the Strait of Hormuz over the past week than it was before the US and Israel launched the war against the Islamic Republic on February 28, The Wall Street Journal has reported. The report cited data from Kpler, a tanker-tracking firm, which found that since February 28, seven […]
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Aug 5, 2026 / Murray N. Rothbard
Objections to 100 Percent Gold
The supply of money, Rothbard answers, essentially does not matter.
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