Ukrainian Drone Barrage Kills at Least Six in Russia, Including 13-Year-Old Girl

Trump Admin Working To Ease Memory Chip Crunch And Soaring Prices With Supply Chain Coalition In a world where high commodity prices are the cure for high commodity prices, it was only a matter of time before we saw a surge in oil output in response to near-record oil prices, as Diamondback did ovenright. The same logic applies to memory chips, another commodity, whose prices have exploded in recent months due to soaring demand by data centers. And while markets expect prices to drop once more supply comes on line, the...

Trump Sees Likely Iran Link In FlyDubai Attack, Vows 'Very Hard' Response It hasn't taken long at all for Israeli and US officials to strongly suggest a link between Wednesday's scary FlyDubai security incident and Iran. President Trump raised Thursday that Iran may be linked to the copilot who tried to crash an Israel-bound plane, which forced it to make a dangerous rapid descent and an emergency landing, after passengers and crew rushed the cockpit. But while investigators have yet to disclose a motive in what Israel called a full-fledged terror attack, which...

World's Largest Alumina Refinery Outside China Abruptly Halves Output On NatGas Disruption Norwegian aluminum producer Norsk Hydro's Alunorte plant in Brazil, one of the world's largest alumina refineries, reduced output by 50% following disruptions to natural gas availability. Bloomberg reports that disruptions to NatGas availability at Alunorte forced a 50% reduction in output and sent aluminum prices in London to a seven-week high. Hydro said production would return to full capacity once gas supplies normalize. Aluminum rose nearly 2% in London and traded at $3,373 a metric ton. Alumina futures gained 1%...