Something Has Changed And World War Over Ukraine Is Back On The Table

Oil Prices Hold Gains As Gasoline Stocks Hit 12 Year Lows, Cushing 'Tank Bottoms' Loom Brent crude prices are rising back toward $100 per barrel this morning following the latest flare-up in fighting to threaten the U.S.-Iran ceasefire Prices rose after the U.S. military said Iran fired missiles toward Kuwait and Bahrain, which failed to hit their targets. The United States said it then struck an Iranian military ground control station on an island in the Strait of Hormuz.   API: Crude: -6.8MM Cushing: -279k Gasoline: +3.5M Distillate: -214k DOE: Crude: -7.97mm - biggest draw since Feb Cushing: -583k Gasoline: +3.36mm -...

Taiwan recently signed six arms deals with the US worth about $6.6 billion as the Trump administration is pushing ahead with major weapons sales to the island despite warnings from China. According to Taiwan’s Defense Ministry, the agreements, which include a contract for HIMARS rocket systems, were signed earlier this month by the US’s de […]

Damon Wilson, the head of the National Endowment for Democracy (NED), was interrupted by a member of Congress during a House oversight hearing on February 24 after revealing that his agency “began supporting the deployment [and] operation of about 200 Starlinks early on” amid the violence which swept through Iran last month. Before he could […]