Iran turns the Strait into a toll booth

Roughly 30 vessels successfully transited the Strait of Hormuz today under strict coordination with the Iranian Revolutionary Guard Corps … The regime is using a northern coastal island as a de facto toll booth to squeeze fees out of every …

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US Treasury downplays inflationary pressure

Treasury Secretary Scott Bessent claims the recent surge in bond yields and energy costs is purely transient in nature … He insists inflation expectations will normalize once regional Middle East supply routes stabilize and conflict volatility fades … Market analysts …

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Britain Desperate for Oil

by Martin Armstrong Britain is now discovering you cannot dismantle your industrial and energy base, wage war on domestic production, impose endless climate regulations, and still expect to maintain a functioning economy. Reality eventually arrives no matter how many politicians …

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Memorial Day travel rush sets new record

A record breaking 45 million Americans are expected to travel for Memorial Day weekend despite higher gas and airfare costs… Airlines and highways face heavy congestion with millions already on the move… Sinkhole near LaGuardia runway added extra travel chaos …

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