"Entering The Endgame": Bessent To Unveil "Economic D-Day" Assault To Isolate Iran

14-Country Maritime Defense Alliance Moves Closer To Deploying To Red Sea, Gulf Of Aden With Saudi shipping traffic in the Bab al-Mandeb Strait under unprecedented peril, the recently-launched Multinational Maritime Defense Coalition is moving closer to deploying ships to ensure freedom of navigation in the Red Sea, the Saudi Ministry of Defense announced on Friday.  Formed on July 30 at the initiative of Saudi Arabia, the Multinational Maritime Defense Coalition comprises 14 countries: Saudi Arabia, Kuwait, Bahrain, Qatar, Pakistan, Turkey, Egypt, Jordan, Yemen, Bangladesh, Nigeria, Sudan, Djibouti, and Somalia. Representatives from 41 countries...

Hormuz Oil Flows Rebound To Two-Thirds Prewar Level As Iran's Grip Erodes, Attacks 19 Ships Rory Johnston, a Toronto-based oil analyst and the founder of Commodity Context, an independent oil market research firm, wrote on X this weekend that oil shipments through the Strait of Hormuz have recovered to roughly two-thirds of prewar levels, driven by a surge in Saudi exports. This suggests that Tehran's leverage over the critical maritime chokepoint has eroded. "Hormuz oil flows can't possibly be above 13 MMbpd bc crude is over $100," Johnston wrote in the...

Nvidia CEO Declares AI PC Reinvention A "New Beginning" On Par With Smartphone Shift Nvidia CEO Jensen Huang delivered the keynote address on Monday at GTC Taipei 2026, outlining the next evolution of AI compute. Huang's presentation included updates on the Vera Rubin platform, a new lineup of Windows PCs developed with Microsoft for AI workflows, the launch of an enterprise agent toolkit, and next-generation AI infrastructure systems to accelerate data-center and agentic AI adoption. A team of Goldman analysts, led by James Schneider, attended GTC Taipei 2026 and shared the top...