“It’s a gimmick.” That’s what John Cornyn thinks about banning diesel exports, an idea Donald
Category: politics
‘Do I Annihilate Iran, Drive Them Into Hell?’ Nobel Hopeful Asks
If Iran’s allowed to rebuild, they could “create a far greater country” than they’ve ever
‘Let The Oil Flow!’ Again!
Hope, like oil, floats. Brent was on track Tuesday for a fifth consecutive decline amid
A King In Washington
Donald Trump will host his “good friend” Xi Jinping in Washington this week for a
Achtung Baby
If you thought it couldn’t get any worse for the CDU in Germany following the
The ‘Real-World’ Energy Shock’s Finally Here
“No soup for you!” Sorry, I couldn’t resist. If you don’t immediately get the joke,
Over A Barrel
Oil pushed higher on Monday as markets assessed the situation in Yemen, where new reporting
The Bab Al-Mandab Now Belongs To The Houthis
It’s an all-too-familiar scene. Old pickup trucks, their beds loaded down with camo-clad, AK-wielding militants,
$5,000 ‘Trump Dividend’ Is Classic Populist Inanity
“Vote Republican. I’ll give you $5,000.” That’s Donald Trump’s mid-term pitch, and in addition to
‘I Am The House’
Some people — not me, of course — might call Scott Bessent a pompous moron.
War Of Attrition
There’s a pretty good piece in Foreign Affairs this week called “Why America Can’t Strangle
The Oil’s On Fire
The oil’s on fire. Again. Dozens of Saudis, including women and children, were injured Tuesday
Emperor Bessent?
If you looked at a chart of USDJPY on Wednesday — and who didn’t, amirite?!
Back To Bombs
It was back to shootin’ in the Gulf late Sunday and early Monday, when the
‘The Biggest Oil Deal In The History Of The World’
Well, at least Venezuela “worked.” Donald Trump says he’s successfully concluded “the biggest oil deal
Trump’s Flailing
The Trump administration’s flailing, and at just the wrong time. With a little over two
New Tariff War Is Risky Gamble For An Unpopular President
Late last month, while documenting the return of Tariff Man, I wrote that “it’s easier,
In Major Escalation, UAE Imposes Trade, Financial Embargo On Iran
Abu Dhabi’s seen enough. On Wednesday, the Emirates imposed a complete trade embargo on Tehran after
Let’s Just Get The Hell Out Of The Mideast
On Sunday, Abbas Araghchi denied the Trump administration’s claims that another deal to reopen the
Call Me Back
Donald Trump’s been on the phone with Kevin Warsh “repeatedly” since May. Imagine that. Before
Strait Management
Long-end bond yields need another dramatic escalation in the Mideast about like they need more
Mideast Melee Rekindled
“Many important subjects were discussed” when Donald Trump met at The White House early this
Trump, Human Rights Champion, Takes Aim At Forced Labor
Donald Trump, noted human rights crusader, is doing his part to combat forced labor around
Call In The Goat Herders!
Cue the Tusken Raiders memes. The Houthis were front-page news Thursday after the group fired
Traffic Jam
Once upon a time on America’s roads and highways, traffic congestion was reliably accompanied by
Shortages And Extortion In A Post-Neoliberal World
Not everyone liked “Mark Carney Was Wrong.” In that linked article, I suggested the so-called “middle

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