Lebanese Army Accuses Israel of Violating Ceasefire, Firing on Their Position

Russian Drone Hits Chinese Ship In Black Sea, Less Than 24-Hours Before Xi-Putin Summit Just 24 hours before Presidents Vladimir Putin and Xi Jinping are set to meet for their planned summit in Beijing, soon on the heels of Trump's visit, and a geopolitical wrench may have just been thrown into the works. According to Ukrainian President Volodymyr Zelensky, Russian forces have attacked a Chinese ship heading toward a Ukrainian port - a provocative move that threatens to seriously anger Beijing at the worst possible diplomatic moment. via Ukraine Navy Early Monday morning,...

Mamdani's Socialist Utopia Collides With Reality As Manhattan Rents Hit Record Socialist NYC Mayor Zohran Mamdani built his political campaign by relentlessly attacking America and, most importantly, portraying capitalism as the root cause of nearly every social problem, from affordability pressures to soaring rents. Voters were sold the idea that his administration could deliver an instant utopian transformation built on free bus rides, government-run grocery stores, and cheap housing. However, like every Marxist before him, Mamdani's vision of utopia is not grounded in economic reality. The dream pitched to millions across the...

Why Hasn't Oil Hit $150 (Yet)? Authored by Robert Rapier via OilPrice.com, Global oil inventories and floating storage have acted as temporary shock absorbers against the Hormuz disruption. OPEC spare capacity has stabilized markets, but it cannot fully replace lost Persian Gulf exports indefinitely. Prolonged disruption could eventually exhaust market buffers and trigger a much sharper oil price surge. I think most energy analysts would have been shocked to learn that roughly three months into a total closure of the Strait of Hormuz, oil would be trading at just over $100 a barrel. I...