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Brent Tops $102 As Mideast Conflict Intensifies, HSBC Hikes Oil Forecast
Brent Tops $102 As Mideast Conflict Intensifies, HSBC Hikes Oil Forecast
Brent crude futures traded above $102 a barrel Thursday morning after Iran threatened to intensify attacks, renewing concerns over tanker flows through the Hormuz maritime chokepoint. The supply risk extends well beyond crude to mounting shortages of refined products, particularly diesel, as the US diesel crack spread trades around $102 a barrel.
President Trump's indication yesterday that the conflict could continue beyond November's midterm elections suggests limited near-term fuel pump relief for working-class folks, with the US national gasoline...
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Sep 24, 2026 / Tyler Durden
Escobar: The Calm Before The Showdown
Escobar: The Calm Before The Showdown
Authored by Pepe Escobar via LewRockwell.com,
The only art that the Prince must totally master it's the art of war
- Machiavelli
The Supreme Warrior Wins Without Fighting
-Sun Tzu
This was supposed to be the calm before the storm. Where the Epstein Syndicate would schmooze the Global South gathered in New York for the - comatose - UN General Assembly and seduce them with assorted "gifts", wooing them away from the impending Great Debacle and deflecting attention from the breathtaking speed of the collapse of Pax Americana.
Cut to...
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Mar 5, 2026 / Kyle Anzalone
Foreign Minister: Iran Is Not Seeking Ceasefire, Negotiations with US
Iranian Foreign Minister Abbas Araghchi said that Tehran is not seeking to end the war with the US. “We are not asking for a ceasefire. And we don’t see any reason why we should negotiate with the US. When we negotiated with [the US] twice, and every time they attacked us in the middle of […]
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Feb 13, 2026 / Larry C. Johnson
Why ARE the US and Israel Obsessed With Eliminating Iran’s Ballistic Missiles?
It appears the main topic of discussion at Wednesday’s meeting between Donald Trump and Bibi Netanyahu was Iran’s ballistic missile program. It really was not a discussion… Instead it was Bibi, with his advisers, trying to sell Trump and his team on the necessity of ending Iran’s ballistic missile capability. Why the emphasis on those […]
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