IRGC Says Three More Tankers Ablaze In The Strait Of Hormuz

Crude Slides On Report Saudis Could Restore Half Of East-West Pipeline Flows Within Days WTI futures fell to $101 a barrel around midday in New York after Bloomberg reported that Saudi Arabia could restore roughly half the East-West pipeline's capacity within days. The pipeline, a critical export route bypassing the Strait of Hormuz, has been shut since last week's drone attack. The outlet reported: State-run Saudi Aramco is working to bypass a damaged section on the route that will allow it to resume part of the pipeline's capacity, the person said, asking...

The AI Transition: Even Dinosaurs Weren't Stupid Enough To Create Their Own Extinction Event By Peter Tchir of Academy Securities A Bridge Too Far? The AI TRANSITioN? Last weekend we discussed Molotov Cocktails, Volatility, Stability, & Faux Liquidity. In a nutshell, it was about: The transition from one steady state to another steady state can be volatile. A rules-based world, dependent on trade, to a ProSec-based world where each country operates more independently. The transition from a pre-AI world to an AI world. Faux liquidity – or our assessment that market structure is set up to...

Before the Israeli invasion of Lebanon in March, they were still attacking Lebanon on an almost daily basis at any rate. Starting in late January, some of those attacks involved the spraying of concentrated herbicide on Lebanese farmland and other agricultural lands. Those operations continued to be reported intermittently after, but were mostly overshadowed by […]