Gas Prices Nearing Levels That Could Push Trump Towards Iran Talks, Says JPM Commodities Expert

Assaults On ICE Officers Increased 1,600% Since January 2025: DHS Assaults against U.S. Immigration and Customs Enforcement (ICE) officers have increased significantly in recent months as the Trump administration has cracked down on illegal immigration across the country. Under the Trump administration, there were 647 assaults against ICE officials from Jan. 20, 2025, to Sept. 20, 2026, the Department of Homeland Security (DHS) said in a press release on Thursday. The number of assaults represents an increase of 1,649 percent from the 37 assaults on ICE officials from Jan. 20, 2021,...

Rate-Hike Odds Soar Despite Lowest Core Consumer Price Inflation Since 2021 Following fuel-driven jump in Producer Prices, consensus was for a concomitant jump MoM in Consumer prices this morning, after last month's decline as energy prices have rebounded (though we warned that amid all the interventionist-y chatter, nothing would surprise us less than 'cool' print to offset the PPI scare). And analysts were right with headline CPI rising 0.4% MoM (exactly as expected) - biggest MoM since May - but prices rose 3.5% YoY (in line with expectations and flat to...

Great Global Energy Rewiring Accelerates: UAE To Double Crude Export Capacity Bypassing Hormuz Chaos Days after the U.S. bombing campaign against Iran began, we pointed out on March 3 that the conflict was likely to accelerate a major Gulf infrastructure push to bypass the Strait of Hormuz. Saudi Arabia's East-West pipeline to the Red Sea stood out as the clearest signal that regional producers needed a credible Plan B for moving crude and crude products when the Hormuz chokepoint becomes disrupted. That logic is now coming into sharper focus...