“Make A Deal Before It’s Too Late”: Trump Threatens Tehran (Again) As Iran/Oman Draft Protocol To Re-Open Hormuz Summary World’s most important oil price hits record high as Trump threatens Iran: “make a deal before it’s too late” Oil drops on reports of Iran-Oman coordination to reopen strait. Iran issues Israel/Gulf logistics hubs target list; IRGC targets Amazon Cloud computing center in Bahrain US intelligence […]

Gulf States Considering Network Of New Pipelines To Bypass Strait Of Hormuz One month ago, at the start of the war, we said it was surprising that UAE’s oil export terminal of Fujairah was not a bigger terminal as it bypasses the Straits completely, and predicted a “major infrastructure push here after the war.” Surprising Fujairah is not a bigger oil terminal: it bypasses the straits completely. Expect major infrastructure push […]

Trump Fires Pam Bondi As Attorney General, Blanche To Be Acting AG Update (1315ET): President Donald Trump has ousted Attorney General Pam Bondi, multiple outlets report. Deputy Attorney General Todd Blanche is serving as acting AG in the interim. The move comes amid White House frustration with Bondi’s leadership at the Justice Department –  particularly her handling of the Jeffrey Epstein files and what Trump viewed as […]

Kremlin Asks US For Ceasefire At Bushehr Nuclear Plant To Get Remaining Russian Staff Out Russia is seeking approval from the US and Israel for a ceasefire for the Bushehr nuclear ⁠power plant in Iran, RIA news agency reported Thursday. Airstrikes across the country have reportedly been on the uptick in the past some 48 hours. “The travel routes will be communicated ‌to the relevant authorities in Israel and the United States, […]

Coinbase Exec Says Senate CLARITY Act Deal On Stablecoin Yield “Very Close” Authored by Amin Haqshanas via CoinTelegraph.com, Coinbase chief legal officer Paul Grewal said the US Digital Asset Market Clarity Act is “moving toward” a markup hearing in the US Senate Banking Committee and could eventually move to a floor vote if senators resolve the stablecoin yield dispute and schedule a markup. Speaking in a […]

Private Credit Bank Run Begins: Blue Owl Gates After Shocking 41% Of OTIC Investors Ask For Their Money A week ago, in an attempt to calm the market, Goldman’s economists published a lengthy, if at times disjointed, report discussing why a crisis in private credit would not lead to another financial crisis. We are about to find out if they were right.  Recall that in mid-March, while attention was understandably focused on the […]

CEO Of Largest Public Hospital System Says He’s Ready To Replace Radiologists With AI By Marty Stempniak of Radiology Business, The chief executive of America’s largest public hospital system says he is prepared to start replacing radiologists with artificial intelligence in some circumstances, once the regulatory landscape catches up.  Mitchell H. Katz, MD, president and CEO of NYC Health + Hospitals, recently spoke during a […]

Iran To Attack Logistical Hubs In Israel, Gulf After Its Tallest Bridge Destroyed Earlier we reported there are signs that the US and Israel are expanding attacks on Iran civilian infrastructure, after reports emerged Thursday that fresh airstrikes hit a highway bridge connecting Tehran and Karaj, according to Fars News Agency. Several people were injured, and multiple areas of Karaj were also struck. The bridge was actually just […]

Trump Puts State Farm, Other Insurers On Notice Over Treatment Of California Wildfire Victims Authored by Chris Summers via The Epoch Times (emphasis ours), President Donald Trump on March 31 told State Farm and other insurers to “get their act together” after meeting with California politicians and hearing about the difficulties facing the victims of last year’s wildfires. A home is engulfed in flames during the Eaton fire […]

Gulf Energy Shock Spreads To Global Plastics As War Sparks Force Majeure Wave Building on our earlier “Global Demand Destruction” note, which mapped how the Gulf energy shock is spreading globally and the immediate effects of rationing, price controls, and fuel shortages, another second-order disruption is quickly emerging: supply chain disruptions in critical plastic feedstocks. Plastics are core to the modern economy, and a […]

April Fools And The Last Supper By Benjamin Picton, senior market strategist at Rabobank Wednesday saw the unusual occurrence of three Anglosphere heads of government delivering televised addresses to their respective nations within 24 hours of each other. When news broke that Australia’s PM Albanese, Britain’s PM Starmer and US President Trump would all be interrupting regular programming to speak to their people, reactions […]

“Everything About This Market Is Wild”: European Diesel Futs Top $200 As Global Scramble Accelerates The global tug-of-war for fuel looks set to accelerate, with traders scrambling to secure supplies even more aggressively after President Trump showed no signs of an end to hostilities (and a reopening of the Strait) any time soon. The longer the Strait of Hormuz remains closed, the more intense the competition is likely to become. […]

“A Defining Moment”: Nano Nuclear Submits Construction Permit For Kronos Reactor In Illinois Nano Nuclear submitted a Construction Permit Application (CPA) to the U.S. Nuclear Regulatory Commission (NRC) for their Kronos microreactor project at the University of Illinois. The filing marks the latest step in a project we’ve tracked since site characterization began last fall. Watch: Modular Energy Pioneer Nano Nuclear Begins […]

When Will This Sh*t Stop? Authored by Steve Watson via Modernity.news, A career criminal with 23 prior arrests and 70 charges was allowed to roam free until she stabbed a pregnant woman in broad daylight outside a Harris Teeter in Charlotte’s Cotswold Village Shopping Center on March 18.  The 38-year-old victim was loading her car with her three-year-old child nearby when Marvina Marie Hardy (also known as Marvina Marie […]

Tesla Delivers 358,023 Vehicles In Q1, Missing Wall Street Expectations For Second Consecutive Quarter Tesla reported a disappointing first quarter, delivering 358,023 vehicles worldwide, falling short of Wall Street expectations of about 372,000, according to Bloomberg-compiled estimates and the company’s own release. The miss marks Tesla’s second consecutive quarter below forecasts, underscoring continued pressure on its core […]

Globalstar Soars On Amazon Buyout Report Amid Satellite Constellation Race Globalstar shares surged 12% in premarket trading in New York… …marking their biggest jump in nearly five months, after the Financial Times reported overnight that Amazon is in talks to acquire the satellite operator, a move that would certainly intensify the race to build satellite constellations.  The FT cited people familiar with the […]

Democrats Ask Judge To Block Parts Of Trump’s Election Order Authored by Kimberley Hayek and Matthew Vadum via The Epoch Times, Democrats asked a federal judge Wednesday to block parts of President Donald Trump’s executive order on federal elections. The lawsuit challenges Trump’s directive, signed a day earlier, that will create a list of eligible voters in every state and prohibit the U.S. Postal Service (USPS) from […]

‘No Hire, No Fire’ Economy Continues As Job Cuts Tumble, Claims Near Record Lows U.S.-based employers announced 60,620 job cuts in March, up 25% from 48,307 cuts announced in February. It is down 78% from the 275,240 cuts announced during the same month last year, according to a report released Thursday from global outplacement and executive coaching firm Challenger, Gray & Christmas. “Removing the wave of federal layoffs […]

Futures, Bonds Tumble, Oil Soars After Trump Dashes Hopes For Early End To Iran War Global risk assets, including US equity futures and global markets, as well as Treasuries and precious metals, tumbled as oil soared with Brent hitting $110 this morning after Trump’s late Wednesday speech refused to pivot and dashed hopes that the Hormuz Strait would reopen soon and the war in the Middle East is nearing a swift resolution. As of […]

Colonial Restarts Largest U.S. Gasoline Pipeline After Georgia Damage Summary: Colonial Pipeline’s Line 1 flows were restored after the damaged section was repaired in Georgia. Colonial Pipeline’s Line 1 halted operations on Thursday night after a third-party work crew caused damage in Paulding County, Georgia. Colonial Pipeline’s Line 1 Flows Restart   The good news for U.S. East Coast drivers is that Colonial […]

4 Million Children Have Been Signed Up For Trump Accounts: IRS Authored by Naveen Athrappully via The Epoch Times, American taxpayers have signed up over 4 million children to the tax-advantaged Trump Accounts, and more than 1 million of those accounts have elected to receive the $1,000 pilot contribution from the government, the IRS said in a March 31 statement. “Contributions to Trump Accounts can be made starting July 4, […]

U.S. Alerts Goldman Sachs Paris After Iranian Group Threatens Terror Bombing Five days after French authorities foiled a terror plot targeting Bank of America’s Paris headquarters, the threat environment facing U.S. financial institutions in the French capital appears to be worsening. New reporting from Le Parisien says Goldman Sachs’ Paris headquarters was placed under police surveillance on Wednesday night following threats […]

Oil Spikes As Trump Vows To Hit Iran “Extremely Hard Over Next 2-3 Weeks”, Threatens To Send It “Back To The Stone Ages” Summary Trump declares ‘core strategic objectives met’, threatens 2-3 more weeks of bombing, no mention of ceasefire Iranian President Masoud Pezeshkian has released an open letter to the American people, questioning whether Washington is truly putting “America First” or merely acting as a “proxy for […]

New Bill Opens Door For Killer AI Weapons Authored by Jon Fleetwood, A newly introduced U.S. Senate bill would allow the military to deploy autonomous lethal artificial intelligence systems by granting the Secretary of Defense the authority to override its own restrictions. Senate Bill S.4113—the “AI Guardrails Act of 2026,” introduced March 17, 2026 by U.S. Senator Elissa Slotkin (D-MI)—is being presented as a framework […]

New Warning Sign: 1 In 4 Workers Have Cut 401k Contribution Rate Another light on America’s economic dashboard is blinking red, as money-pinched workers are cutting their 401k contribution rates. The news follows our earlier report on hardship withdrawals from the cornerstone retirement savings accounts hitting a record high. Critically, these numbers don’t reflect what workers are doing right now — amid war-driven gas price-hikes […]