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Ukraine Pounds Major Moscow Refinery As Global Diesel Crisis Threatens Economic Shock
Ukraine Pounds Major Moscow Refinery As Global Diesel Crisis Threatens Economic Shock
Military conflicts, economic wars, and resource wars are converging ahead of the Northern Hemisphere winter.
Export restrictions on critical materials and energy products are adding economic pressure worldwide, raising the risk that supply disruptions and retaliatory measures widen existing conflicts. With no clear path to de-escalation, the potential for spillover from active war zones remains top of mind.
The most pressing news so far this morning is that Ukraine launched a major overnight drone strike on Russia, hitting a Moscow...
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Apr 7, 2026 / Tyler Durden
Container Ship Sinks In Hormuz After Iranian Strike Last Month; UBS Gives Latest Strait Update
Container Ship Sinks In Hormuz After Iranian Strike Last Month; UBS Gives Latest Strait Update
The Egyptian-owned, Maltese-flagged container ship Safeen Prestige (IMO: 9593517), which was damaged in the first week of the U.S.-Iran conflict following an Iranian strike, has reportedly sunk in the Strait of Hormuz.
According to Bloomberg, Pakistan's hydrographic service said the container ship sank last week, leaving only an oil slick on the surface of the water in the Hormuz chokepoint.
The IRGC torched the SAFEEN PRESTIGE in the Strait of Hormuz and continues to reignite the fire.
Now...
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Apr 23, 2026 / Tyler Durden
Mercuria, Goldman, JPMorgan See Major Aluminum Market Shock
Mercuria, Goldman, JPMorgan See Major Aluminum Market Shock
Analysts at Mercuria, the Geneva-based Swiss commodities trading firm, are sounding the alarm on the global aluminum market after severe disruptions in the Gulf region, adding to a growing list of trading desks and research teams warning of a deepening supply shock.
"The scale of the supply shock we're seeing in the aluminum market is probably the largest single supply shock a base metals market has suffered in the post-2000 era," Mercuria commodities analyst Nick Snowdon told Reuters on the sidelines of...
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Apr 22, 2026 / Tyler Durden
Nearly 1 In 4 Americans Over 65 Are Still Working
Nearly 1 In 4 Americans Over 65 Are Still Working
For a growing share of Americans, retirement no longer starts at 65.
This map, via Visual Capitalist's Gabriel Cohen, shows where people aged 65 and older are still working across U.S. states, based on 2024 data from the U.S. Census Bureau via FinanceBuzz.
About 22% of Americans 65+ remain in the workforce, but the share climbs to nearly one-third in some states. The gap highlights how cost of living, job availability, and shifting retirement systems are reshaping when—and whether—Americans stop working.
The Workforces With...
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