Ukrainian Drone Attack on Russian City of Nizhnekamsk Kills 13, Including a Child

We are told that it takes “eternal vigilance” to protect our freedom. But what if the entity taking away our freedom has the weapons and the “law” on its side?

Still The (Military) Base Case By Michael Every of Rabobank Hormuz traffic is climbing, but refined product prices are lagging, and crack spreads are blowing out: one can’t just look at the oil price to understand the overall energy dynamic. On the geopolitical front, things are also still mixed. Talks about the US-Iran MoU in Doha, without either side speaking to the other, went well according to the US, who are staying on for what could be indirect talks today. However, the Wall Street Journal reports Iran is split, with political leadership...

IMO Draws Up Hormuz Evacuation Plan For 800 Ships Trapped In Gulf Tanker traffic through the Hormuz chokepoint remained muted as of Tuesday morning, with maritime movement still far below pre-US-Iran conflict levels. The ship backlog in the Persian Gulf has now swelled to a staggering 800 vessels, underscoring the scale of the disruption, while the International Maritime Organization is reportedly drawing up evacuation plans for stranded ships. Bloomberg quoted the Secretary-General of the IMO, Arsenio Dominguez, who stated on the sidelines of Singapore Maritime Week earlier today that the...