Russia Says Fuel Crisis Is Easing As Refineries Restart

The Fog Of Oil Authored by Matthew Piepenburg via VonGreyerz.gold, War, oil and gold are making headlines of late for overlapping and independent reasons. Below, we avoid the guesswork, finger-pointing or sensationalism attendant to current headlines concerning Iran and stick to a theme which offers some clarity, namely the interplay of oil and gold. The Fundamentals Stay the Same For years, of course, we have tracked the fundamental drivers which impact the gold price (from DXY debates, inflation signals, and de-dollarization headlines to COMEX outflows). All of these complex signals and themes ultimately boil down to a simple realization:...

The IDF continued its constant violations of the US-backed Gaza ceasefire on Monday by launching attacks across the Strip as an Israeli-backed militia also clashed with Hamas-aligned fighters on the ground. Gaza’s Health Ministry said in its daily update on Monday that Israeli attacks killed at least two Palestinians and injured 22 over the previous […]

Growing Division In Iran's 'Hardline Camp' Emerges Over Halting All Talks With US It remains difficult to know what's really going on inside Iran, and to accurately assess the state of the country's internal politics, but Financial Times describes a situation of hardliners vs. moderates duking it out to see whether negotiations with the United States should continue. The report comes well after President Trump and the White House have at various times alleged Tehran governance is 'fractured' and the state is even 'collapsing' - which seems exaggerated if not flatly...