ENERGY

Authored by Tom Albanese via RealClear Wire,

The world is becoming increasingly electric and connected, transitioning towards a future powered by batteries and running on electronics that will require an ever-growing supply of critical minerals and materials. From the Ford F-150 Lightning to the F-35 fighter jet, these minera (more…)

Oil prices pumped and dumped today after Yemen's Iran-backed Houthi rebel militia's attacks on tankers sparked supply concerns overnight which were then completely forgotten about as US Treasury yields puked lower during the day (and Maesrk reportedly scheduling several dozen ships to move through the Suez Canal, suggesting that the world’s leading shipping firm is not afraid of the Houthi attacks – or at least is hopeful about US protection).

Meanwhile, demand concerns (more…)

Authored by Simon Watkins via OilPrice.com,

• Iran, has been looking to catalyse an expansion of the direct conflict between Israel and Hamas into a wider war between Islam and the Jewish state of Israel.

• EU source: the Iranian-backed Houthis are not acting against vessels in and around the Red Sea without Beijing’s tacit approval.

• If China did take its foot off the brake with Iran, then the chances of an embargo on oil exports first to Israel and then to its allies would (more…)