Russia's Oil Revenue Sinks As Urals Falls To $59

A drone hit a US-owned liquefied natural gas storage tanker in the Egyptian port city of Damietta, Reuters reported on Wednesday, citing the British maritime security firm ‌Ambrey. The incident could signal a widening of the US-Iran war, though at this point it’s unclear who was responsible. Sources told Reuters that the drone hit the […]

The Far-Right 'Terror Plot' That Didn't Exist... Until The UK Government And Media Just Said It Did Authored by Steven Tucker via dailysceptic.org, Did you see that huge Muslim gathering held in Suffolk recently, which had to be called off early due to a major far-Right terror plot being hatched against it? You may well have done, as the news was all over the media and referenced in alarmist tones by leading politicians, up to and including the Prime Minister (both the ones we've had this week). But did you also see...

Baltic Dry Index Nears Breakout As "Perfect Storm" In Global Shipping Emerges The daily benchmark measuring the cost of shipping raw materials across major global maritime routes is breaking out to a nearly three-year high this week, as Bloomberg reports that typhoons are squeezing the supply of Capesize vessels just as mining companies increase iron ore shipments across the Pacific and Atlantic. The Baltic Dry Index, which tracks freight rates for several vessel classes, including Capesize, Panamax and Supramax vessels, jumped 5.5% to 3,331 points in London on Wednesday, its highest...