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Tag: Energy Crisis

UAE Trade Ban on Iran

The United Arab Emirates has suspended all trade, commercial exchanges, and financial transactions with Iran until further notice after accusing Tehran of launching...

Strait of Hormuz Nearly Deserted

The world seems to have learned absolutely nothing from COVID. Governments destroyed supply chains through lockdowns, shortages spread from semiconductors to...

India’s Russian Oil Imports Expose the Failure of Western Sanctions

India’s imports of Russian crude oil have surged to a record high, with Moscow now supplying more than half of the country’s crude oil requirements....

The Strait of Hormuz May Reopen But the War Cycle Is Not Finished

The financial press is celebrating reports that traders are betting shipping traffic through the Strait of Hormuz could begin returning to normal by August. Oil...

South Africa: The Lights Came Back On — The Economy Did Not

For years, South Africa’s rolling blackouts became a symbol of national decline. Businesses bought generators. Families planned their lives around power...

Wholesale Inflation Confirms Energy Crisis

The Producer Price Index for May came in far hotter than expected, rising 1.1% for the month and 6.5% year-over-year, the largest annual increase since late 2022....

War Is Now Appearing in Inflation Data

The May inflation report came in exactly where many expected, yet the details beneath the headline reveal what is actually taking place in the economy. Consumer...

Why Turkey Matters More Than People Realize

I have repeatedly warned that people need to watch Turkey. Most analysts view Turkey as simply another emerging market struggling with inflation, currency...

House Passes E15 Bill as Government Panics Over Energy Crisis Begins

Congress is pushing nationwide year-round E15 gasoline because they are worried about fuel supply disruptions and soaring prices as the war cycle intensifies. They...

Britain Desperate for Oil

Britain is now discovering you cannot dismantle your industrial and energy base, wage war on domestic production, impose endless climate regulations, and still...