Oil futures having a hard time rising much in anticipation of the scarcity barreling down toward us all when—as we saw last week—jawboning can dump prices by $10 and blow folks out
We'll need physical markets to drag paper barrels to wherever clearance price is required of them
There was a brief period, in the 1970s and 1980s, when it was widely understood in the US that assassination isn't an acceptable tool of foreign policy.
Reagan's prohibition on assassination: "No person employed by or acting on behalf of the United States Government shall engage in, or conspire to engage in, assassination."
Executive Order 12333. United States Intelligence Activities. December 4, 1981.
The Iranian military is apparently now operating "somewhat independently" to the point where the Islamic Republic's own foreign minister has to say it was not the government's decision to bomb Oman, the country that was mediating the negotiations between the US and Iran.
Russia's invasion of Ukraine caused the Brazilian Real to rally sharply as higher oil prices drove Brazil's terms of trade up. War with Iran will now do the same thing. Brazil is one of the main EM beneficiaries from elevated geopolitical uncertainty...
https://t.co/1DJ37H8dXi
The unified command of the Iranian military has issued its statement on the ongoing retaliation against Israel and US assets in the region, saying they have struck 14 American bases and claiming (for now, unfoundedly) that hundreds of American and Israeli troops were killed.
Un de mes graphes préférés est arrivé pour 2025! Chaque point est une heure de production d’un pays: en abscisse la production, en ordonnée son intensité carbone. Chaque pays a une couleur différente. Bravo la France (en bleu)! Merci Thomas’s projects. https://t.co/Stsno3qhrG
OpenAI’s CFO is calling for government guarantees. Why? Because they understand the risk that the data center sector has unwittingly (or maybe wittingly) walked itself into.
Our new report explores what’s happening on a project finance level to make sense of the bigger picture.