Ocean Container Freight Costs Explode, Rivaling COVID-Era Crisis Highs

"The Killer Chokepoint": China's Rare Earth Squeeze Is Reshaping The Global Economy Artificial intelligence may be driving headlines, but one of its biggest vulnerabilities is an obscure metal that few people have ever heard of. Yttrium, a rare earth element first identified more than two centuries ago, has quietly become an essential ingredient in advanced semiconductor manufacturing, according to the Financial Times. As demand for AI chips accelerates, securing reliable access to the metal has become a growing strategic concern. "We're in the middle of a sea change in terms of...

Indian Airlines Beg Refiners To Delay Jet Fuel Hikes Earlier we reported that after issuing a code red about a month ago, with several airlines warning they may run out of kerosene in weeks if not days, European refiners and airlines have since backtracked on their earlier warnings; instead they now have “almost zero” concerns that jet fuel could run out over summer. That's because, as we explained in "Where To Find The Next Phase Of The Global Energy Shock", where we showed that refiners have ramped up production away from...

'Mediator' Pakistan Hosted Iranian Military Aircraft To Insulate Them From US Attacks, Graham Fumes At Islamabad Summary CBS reports Pakistan sheltered Iranian military planes, Sen. Graham outraged, calls for 'reevaluation'. US President blasts 'piece of garbage' Iran response, says ceasefire on 'life support', reportedly mulls renewed military action; US Treasury imposes yet more sanctions. Trump mulls restarting Project Freedom in Hormuz and says forcibly retrieving 'nuclear dust' is still on the table, oil jumps on headline. Iran Foreign Ministry: "Everything we proposed in the text was reasonable and generous." However, US officials insist on their "unreasonable demands." Saudi Arabia...