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Iran US Tanker Strikes Escalate Hormuz Fight as Diesel Hits Record $5.88
The prevailing read on the Iran US tanker strikes is that Washington landed a clean, proportionate blow: Iran fired ballistic missiles at two Navy warships, the US disabled or destroyed three…
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September Fed Rate Hike Odds Complete a Full Round Trip, But the October Story Is More Interesting
The September Fed rate hike, it turns out, was never really off the table. Yahoo Finance reported that CME FedWatch placed the probability of a 25-basis-point increase at approximately 70.2%…
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Trump Venezuela Oil Deal: SPR Top-Up or 100-Year Concession Play?
The Trump Venezuela oil deal is being packaged as a no-cost gift to the American people, with President Donald Trump announcing on Truth Social on 30 August 2026 that Venezuelan oil will be…
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US Federal Interest Payments Hit $1.22tn as the Debt Arithmetic Worsens
The consensus read on the Q2 National Accounts data is that the fiscal picture is stabilising: tax receipts at a record high, the Debt-to-GDP ratio nudging down, and US federal interest…
