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Join Jim and Greg for the Friday 3 Martini Lunch as they highlight Senate Republicans exposing Democrats' hypocrisy on voter ID, rising energy pressures tied to the Iran conflict, and the death of legendary actor and martial artist Chuck Norris.First, they credit Ohio Sen. Jon Husted for proving Senate Minority Leader Chuck Schumer and other Democrats don't mean it when they claim to support requiring photo ID in order to vote. They also point out the Democrats have a long history of opposing Voter ID under any circumstances and use absurd & inflammatory rhetoric to oppose GOP efforts to secure our elections.Next, Jim breaks down how Iran's recent missile strike on a liquefied natural gas facility in Qatar, along with tensions surrounding the Strait of Hormuz, will strain global energy markets and drive up prices. He also explains why the war needs to continue and whether our energy independence will help to insulate the U.S.Finally, they remember martial arts icon, actor, and conservative activist Chuck Norris, who passed away at age 86. Jim and Greg discuss how Norris became a popular voice in GOP politics and how he became a larger than life figure who was beloved by people of all political stripes. Jim and Greg also have fun reciting their favorite "Chuck Norris Facts."Please visit our great sponsors:Your emotional well-being matters. Find support and feel lighter in therapy with BetterHelp. Sign up and get 10% off at https://BetterHelp.com/3MLFind a mattress for every need with Brooklyn Bedding at https://BrooklynBedding.com and use promo code 3ML at checkout to get 30% off sitewide—this offer isn't available anywhere else.Get a free pocket pivot and 10-pattern sprayer with any Copper Head hose purchase from Pocket Hose—just text MARTINI to 64000. Message and data rates may apply; see terms for details.New episodes every weekday.
The Iran war is entering a more dangerous phase, not because of troop movements, but because energy infrastructure is now a target and the price tag is starting to match the escalation. At the same time, artificial intelligence is emerging as the next political battlefield, shaping both policy debates and the broader information environment.What stood out to me immediately is how the war is evolving. We are no longer just talking about missile launches and leadership strikes. Energy infrastructure has become fair game. Iran hitting a liquefied natural gas facility in Qatar, after Israel struck Iranian gas fields, is a complete and total shift in what counts as a legitimate target.Once you start targeting gas fields and LNG infrastructure, you are no longer just fighting a regional war. You are influencing global markets, allies, and supply chains all at once. Energy itself is global. That is usually the phase where conflicts either spiral or move toward negotiation.Politics Politics Politics is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.My instinct is that this is the point where talks at least become more likely. Not guaranteed, but more likely. Because once energy becomes the battlefield, the costs stop being theoretical.Then you get to the update, and this is where things get real. The Trump administration is reportedly preparing a $200 billion supplemental request for the Pentagon.That number doesn't match the messaging. You don't ask for $200 billion if this is a clean, four-to-six week operation. That's a number that suggests duration just as much as it suggests uncertainty. It suggests that, whatever the original plan was, the current expectation is something longer and more complicated.And politically, that is where the ground starts to shift. Democrats are obviously not going to support that. But more importantly, there are plenty of Republicans who will not put their names behind this action either — epecially the faction that already believes this war risks turning into another Iraq-style commitment.So now the question is not just “are we winning?” It is “how long are we staying?” And those are very different political questions.Militarily, the signals are still positive for the United States and Israel. There have been clear tactical wins. Iran has taken significant damage. There are even hints of internal instability within the regime. But strategically, it's still murky.We do not know how close the regime is to collapsing. We do not know whether continued strikes accelerate that collapse or entrench resistance. And we do not know whether the administration actually wants regime change or just behavioral change.That gap between battlefield success and strategic clarity is where wars tend to get complicated. And when you pair that with a nine-figure funding request, that's how skepticism starts to grow — and fast.Chapters00:00:00 - Intro00:02:09 - Senate Draft Begins00:04:13 - 2026 Senate Draft Round One00:28:39 - Iranian Negotiations00:30:50 - White House AI Framework00:32:35 - 2026 Senate Draft Round Two00:49:34 - 2026 Senate Draft Round Three01:04:19 - Wrap-up This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.politicspoliticspolitics.com/subscribe
BofA raised Cheniere Energy's (LNG) price target to $322 from $296 as tensions in the Middle East continue to drive volatility in crude oil prices. Tom White turns to support and resistance levels for investors to watch and offers an example options trade for the stock.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – / schwabnetwork Follow us on Facebook – / schwabnetwork Follow us on LinkedIn - / schwab-network About Schwab Network - https://schwabnetwork.com/about
Kevin Green updates viewers on the latest crude oil news as countries struggle to make up supply. He notes that oil and the dollar are, unusually, moving in lockstep. Kevin explains how attacks on LNG facilities are adding to the energy pressures, and why they will be more difficult to bring back online – and how it's impacting Taiwan, the preeminent semiconductor maker. He highlights Cheniere Energy (LNG) as a “stable player” in this space and covers how U.S. energy exports could change.======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6DSubscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about
Meet my friends, Clay Travis and Buck Sexton! If you love Verdict, the Clay Travis and Buck Sexton Show might also be in your audio wheelhouse. Politics, news analysis, and some pop culture and comedy thrown in too. Here’s a sample episode recapping four takeaways. Give the guys a listen and then follow and subscribe wherever you get your podcasts. A Fair Question to Ask About Iran President Donald Trump’s real‑time Oval Office remarks on the escalating U.S.–Iran conflict. Clay and Buck unpack Trump’s latest statements—including his clarification that he will not put U.S. “boots on the ground” in Iran—while noting his signature style of answering a question immediately after insisting he won’t. They highlight Trump’s comments about the Dow reaching 50,000 and his emphasis on keeping oil prices stable while managing U.S. strategy in the region. A central focus of Hour 1 is Trump’s response to Israel’s recent strike on part of Iran’s South Pars gas field. Trump said he was unaware the attack was coming but firmly warned Iran that any retaliation against Qatar’s LNG facilities would trigger overwhelming U.S. military action. Clay and Buck break down the significance of South Pars as one of the world’s most important natural gas sites and discuss how attacks on such infrastructure could destabilize global energy markets. They also track the rapid fluctuations in U.S. crude oil prices—swinging between $97 and $120 per barrel—as live updates emerge from the Oval Office. The conversation turns to the broader goals and consequences of the U.S.‑led campaign against Iran. Buck questions what the long‑term strategic objective really is, noting the massive cost of the operation and the complexity of Iran’s internal political structure, including militias like the Basij. Clay points out that predictions of an Iranian uprising have not materialized at the scale initially anticipated, even after the assassination of Iran’s leadership. Yet the White House maintains optimism: Trump and economic adviser Scott Bessent both claim that widespread military and government defections are underway, with Bessent asserting that the Iranian regime may collapse from within. Historical Perspective The hosts also examine U.S.–Israel strategic differences, comparing them to the historic disagreements between America and Britain during World War II. Clay and Buck discuss Israel’s more aggressive posture toward Iran, the threat Iran poses directly to Israel, and Trump's effort to prevent Israeli strikes that could destabilize global LNG supply. They consider whether Israel’s actions were coordinated with the U.S. or executed independently, and what that means for the joint campaign moving forward. From there, Hour 1 explores the scale of destruction inflicted on Iran’s military: its navy, air force, and anti‑aircraft capabilities have been “obliterated,” according to Trump. Clay and Buck analyze whether such overwhelming airpower—enabled by modern drone technology and real‑time intelligence—may represent a historic shift in U.S. military capability. They note how Russia is now supplying advanced drones and intelligence to Iran, making the speed of the U.S. offensive strategically crucial. Iran's Public Executions Iran just hung a 19-year-old wrestler for protesting the regime. Good and evil still exist in the world. Compare how the American and Australian media covered the 30,000 deaths in Iran during the protest uprising to how the deaths of Renee Good and Alex Pretti. Protecting the Homeland The TSA agents going one month without pay is ridiculous, not to mention making things far more dangerous. The government needs to get their act together and stop using citizens as pawns. FBI Director Kash Patel says the threat to the homeland is higher because of the DHS shutdown. You are waiting in long lines at the airport because of lunatic ICE protesters. Make sure you never miss a second of the show by subscribing to the Clay Travis & Buck Sexton show podcast wherever you get your podcasts! ihr.fm/3InlkL8 For the latest updates from Clay and Buck: https://www.clayandbuck.com/ Connect with Clay Travis and Buck Sexton on Social Media: X - https://x.com/clayandbuck FB - https://www.facebook.com/ClayandBuck/ IG - https://www.instagram.com/clayandbuck/ YouTube - https://www.youtube.com/c/clayandbuck Rumble - https://rumble.com/c/ClayandBuck TikTok - https://www.tiktok.com/@clayandbuck YouTube: https://www.youtube.com/@VerdictwithTedCruzSee omnystudio.com/listener for privacy information.
【主なニュース】▽20日未明に日米首脳会談 イラン情勢の対応など 意見交わす予定 ▽イラン カタールのLNG施設攻撃 湾岸諸国が非難 ▽日銀 金融政策維持を決定 “当面はイラン情勢がポイントに” など
The Strait of Hormuz is the kind of geopolitical pressure point that can turn a regional fight into a worldwide economic shock, and the official story coming out of Washington doesn't always match what markets and missiles are signaling. We sit down with Larry Johnson to cut through the talking points and ask what's actually happening as Iran keeps leverage in the Persian Gulf, shipping risk climbs, and allies get pulled into a conflict they didn't choose. We also dig into the battle over the narrative at home. From Tucker Carlson's claim that the CIA is pursuing a criminal referral over contacts with Iranians, to Trump's own comments about charging journalists, we talk plainly about free speech, press freedom, and how fear-based messaging can be used to sell escalation. Larry explains what the CIA is supposed to do, what belongs with the FBI, and why intelligence warnings don't help if leaders refuse to hear them. Then we zoom out to consequences: oil prices, LNG flows, supply chain disruption, and the fertilizer crunch that can become a food problem months from now. We walk through the escalation ladder too, including talk of Karg Island, the practical barriers to a ground invasion, and the unsettling question of nuclear risk if decision-makers corner themselves.
Jay Hatfield thinks optimism is “appropriate for the U.S., but not really Europe.” He explains how the attacks on Qatar's LNG facilities is “great” for Cheniere Energy (LNG) and other natural gas companies in the U.S., but will have major impacts abroad. He lays out his case for how the Fed can cut two or three times this year. He still thinks the S&P 500 can hit 8K before year-end, but hedges the narrative.======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6DSubscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about
The war in Iran has sent shockwaves through global energy markets - and no region feels it more acutely than the Indo-Pacific. In this episode, co-hosts Ray Powell and Nydia Ngiow sit down with Paul Everingham, CEO of the Asia Natural Gas & Energy Association (ANGEA), who joins after spending two days at the Indo-Pacific Energy Security Ministerial in Tokyo.With the Persian Gulf's Strait of Hormuz effectively closed, roughly 20% of the world's oil supply and a significant share of global liquid natural gas (LNG) exports are blocked. Paul explains that 70% of Asia's oil originates in the Middle East, meaning every country in the region is exposed. On the natural gas side, South Asian nations - India, Pakistan, and Bangladesh - face the sharpest pain, as they depend heavily on Qatari LNG, while North Asian buyers like Japan and Korea are somewhat shielded by receiving Australian and US supply.The conversation covers Qatar's shutdown of its LNG processing facilities and why a full restart could take six months if hydrocarbons are stripped from the plants. Paul unpacks the potential role of Russian oil and gas if sanctions are eased, the limits of pipeline alternatives from Saudi Arabia, and why coal use - already at record highs - is likely to climb further in 2026 as countries seek cheaper and more abundant alternatives.On nuclear energy, Paul is clear: it should be part of every country's portfolio, but with a 10–20 year development timeline, it is a medium-term solution, not an immediate fix. His core advice to Indo-Pacific policymakers: diversify energy sources and lock in long-term contracts to hedge against price shocks.The episode closes with a sobering warning: if the disruption drags on, the world faces potential rationing, surging inflation and a severe global recession.
Today we dive into the Weekly Top 3 from Brad Keithley from Alaskans for Sustainable Budgets. This week's three topics: The debate over funding for the FY26 Supplemental is both hilarious and serious; The House Majority again demonstrates it doesn't know what "fiscally responsible" means; The competing LNG import projects. Then in hour two I'll recap with some of my thoughts as well as a new story about a bill that directly attacks the homeschooling/correspondence model in the state. Then we'll finish up with Chris Story who'll give us our PMA update.
在美伊衝突下，伊朗封鎖荷姆茲海峽截斷全球能源命脈，油價恐飆破150美元。這宣告低成本能源時代終結，不對稱戰火讓供應鏈極度脆弱。《經濟學人》警告，通膨再起與「風險溢價」將成全球新常態。各國與企業應放棄樂觀框架，加速擴充戰備儲能、重啟供應鏈避險，並嚴防能源保護主義。認清高波動的現實，才是突圍關鍵。 【聽完這集你會知道】 00:00:00｜地緣政治灰犀牛：伊朗衝突如何引發油價噴發與通膨新常態 解析戰火對全球能源市場的衝擊。當荷姆茲海峽面臨封鎖危機 ，運輸與石化產業的剛性需求將導致原油與液化天然氣（LNG）價格跳空飆升，各國央行與投資人必須提前佈署應對「高營運成本」的結構性震盪。 00:06:11｜供應鏈去中心化代價：破解航運封鎖與高通膨時代的企業避險法則 探討區域衝突如何外溢至全球化秩序。企業在保費激增與避險考量下，必須承擔供應鏈去中心化的沉重成本；面對可能長達數年的高通膨與貨幣貶值雙重夾擊，重新評估資產配置是當務之急。 00:09:59｜中國「新王朝」危機：缺乏遺產稅的財富轉移潮如何加劇社會階層固化 解讀中國最富有的10%人口掌控70%財富的現象。在缺乏完善財富再分配機制（如遺產稅、資本利得稅）的背景下，第一代富豪的老化與一胎化政策，正推動一場史無前例的資源集中，這將是中國政府未來必須解決的社會穩定隱患。 主持人：天下雜誌資深主筆 黃亦筠 主講人：金庫資本管理合夥人兼總經理 丁學文 製作團隊：張雅媛、莊志偉、邱宇豪 ＊延伸閱讀｜美伊戰爭進入延長賽！通膨再起，誰能在利率「髮夾彎」中倖存？：https://www.cw.com.tw/article/5140106 ＊立即下載天下App：https://mkt.cw.com.tw/applink/cwapp.html?source=podcast ＊訂閱天下全閱讀：https://bit.ly/3STpEpV ＊意見信箱：bill@cw.com.tw -- Hosting provided by SoundOn
The Other Side of the Story with Tom Harris and Todd Royal – This structural dependence means that any disruption—whether from conflict, sabotage, or shipping hazards—would immediately constrain global supply, exactly as we have seen in the past two weeks. Natural gas flows reinforce this vulnerability. Qatar, one of the world's largest LNG exporters, ships nearly all of its liquefied natural gas...
Het sluiten van de Straat van Hormuz als gevolg van Trumps ondoordachte aanval op Iran stort Europa in een nieuwe energiecrisis. Hoe lang kan dit gaat duren? Te gast: HCSS-energiespecialist Lucia van Geuns. De blokkade van de Straat van Hormuz legt miljoenen vaten olie en olieproducten stil en jaagt de energieprijzen wereldwijd op. Lucia van Geuns schetst hoe beschadigde infrastructuur, volle opslagen en afgeschakelde velden de oliestroom langdurig ontregelen, met een horrorscenario voor vooral Azië en op termijn ook Europa. De vrees voor stagflatie groeit terwijl mijnen, verzekeringspremies en kwetsbare zeestraten de ‘wraak van de geografie’ tastbaar maken. Trump doorbreekt intussen het sanctieregime tegen Rusland door de schaduwvloot en Indiase raffinaderijen weer ruim baan te geven. Arend Jan Boekestijn en Rob de Wijk waarschuwen dat Poetins oorlogskas daardoor maandelijks met tientallen miljarden wordt gespekt, terwijl G7-landen improviseren met escortes, premies en mogelijke price caps. Europese plannen voor begroting, energiepolitiek en defensie komen onder druk en vergroten de politieke spanningen. Europa blijkt opnieuw kwetsbaar door lage gasvoorraden, uitgestelde strategische reservering en een half afgemaakte energietransitie. De concurrentie met Azië op de LNG-markt verhevigt, kunstmest en andere grondstoffen worden duurder en inflatievooruitzichten verslechteren. De Golfstaten, Aziatische bondgenoten en Europa heroverwegen hun afhankelijkheid van de VS, terwijl China als lachende derde toekijkt hoe de wereldorde verder verschuift. [Samenvatting geschreven door AI, gecontroleerd door mens] Over de Podcast Arend Jan Boekestijn en Rob de Wijk gaan onder leiding van Hugo Reitsma op zoek naar de nieuwe wereldorde. Wat betekenen oorlog, machtspolitiek en economische verschuivingen voor Europa en Nederland? In elke aflevering duiken zij in de geopolitieke actualiteit. In 2022 werd Boekestijn en De Wijk uitgeroepen tot winnaar in de categorie Nieuws & Politiek tijdens de Dutch Podcast Awards Reageren? Op X: @ajboekestijn en @robdewijk Bluesky: @hugoreitsma.bsky.social Mail: boekestijnendewijk@bnr.nl Over de makers: Arend Jan Boekestijn is een Nederlands historicus en voormalig politicus. Hij studeerde geschiedenis en politieke wetenschappen aan de Vrije Universiteit in Amsterdam. Boekestijn is voormalig Tweede Kamerlid (tot 2009). Sinds 1989 is hij verbonden aan de vakgroep geschiedenis van de Universiteit Utrecht en sinds 2016 lid van commissie Vrede en Veiligheid van AIV. Rob de Wijk studeerde eigentijdse geschiedenis en internationale betrekkingen, promoveerde op kernwapenstrategieën, werd hoogleraar in Leiden en richtte in 2007 het Den Haag Centrum voor Strategische Studies op. Hugo Reitsma studeerde rechten en politicologie. Hij werkte eerder als politiek verslaggever en vanuit verschillende conflictgebieden. Hij is auteur van het boek ‘Boekestijn en De Wijk voorspellen de toekomst’ (november 2023).See omnystudio.com/listener for privacy information.
Our Head of Asia Technology Research Shawn Kim explains what disruptions to shipping in the Strait of Hormuz could mean for the global semiconductor supply chain and the immediate future of AI infrastructure.Read more insights from Morgan Stanley.----- Transcript -----Welcome to Thoughts on the Market. I'm Shawn Kim, Head of Morgan Stanley's Asia Technology Team.Today: why the Strait of Hormuz closure may matter to the global technology industry.It's Friday, March 13th, at 8 pm in Taipei. AI and advanced chips may represent the cutting edge of technology, but they depend on something far more basic: that's energy. And a large share of that energy flows through one narrow shipping lane in the Middle East – the Strait of Hormuz. When energy supply chains are disrupted, the effects can quickly ripple into semiconductor manufacturing.Advanced semiconductor fabrication is, in fact, one of the most energy‑intensive industrial processes in the world. Take Taiwan, for example – home of the world's largest share of leading-edge chip production. Just one major manufacturer alone accounts for roughly 9–10 percent of the country's total electricity consumption. That scale of energy use means the stability of power supply is critical.Taiwan relies heavily on imported LNG to generate electricity. But storage levels are limited. It maintains roughly one and half weeks worth of LNG inventory, with several additional weeks supplied by vessels currently at sea. If shipping through the Strait of Hormuz were significantly disrupted, that supply chain could come under pressure. The immediate impact might not necessarily be an outright shortage – but rising energy costs could still affect semiconductor production economics. And that's important because advanced chips are foundational to everything from cloud computing to artificial intelligence systems.Energy isn't the only potential bottleneck. Another lesser-known input in the semiconductor ecosystem is sulfur. More than 90 percent of the world's sulfur supply is produced as a by‑product of oil refining. That sulfur is then used to produce sulfuric acid, a key chemical that supports semiconductor materials, metal processing, and battery components.Disruptions in oil refining tied to shipping constraints or energy market shocks could also affect sulfur supply. In other words, a disruption in energy markets could trigger second‑order effects across multiple layers of the technological supply chain. And those effects extend beyond chips themselves. The downstream impact touches industries tied to electrification, data centers, and advanced electronics manufacturing.History also offers some lessons learned about how technology markets react when energy prices spike. During periods of major oil price surges – such as in 2008 and again in 2021 through 2022 – semiconductor equities experienced significant drawdowns. In both cases, semiconductor stocks declined by roughly 30 percent before reaching an inflection point. The mechanism is fairly intuitive. Higher oil prices raise costs across the economy and can weaken consumer spending. At the same time, companies building energy‑intensive infrastructure – like large‑scale AI data centers – may face higher operating costs and low revenues.So when energy markets move sharply, technology markets often move with them. A disruption in the Strait of Hormuz wouldn't automatically halt chip production, but it could ripple through power costs, materials supply, and the economics of building AI infrastructure. And that highlights an important reality for investors: the future of technology isn't just written in code. It's powered by energy, by infrastructure, and the fragile global networks behind the digital economy.Thanks for listening. If you enjoy the show, please leave us a review wherever you listen and share Thoughts on the Market with a friend or colleague today.
Not a soul on this planet knows what comes next in the war theater. Because that’s war. But we can anticipate what comes next for the U.S. and global economy, or at least game out certain scenarios. This isn’t just another discretionary “police action” on the other side of the world or a simple regime change. This war is wired directly into the global energy, food, and financial systems. But a proper analysis must acknowledge how the circumstances of the U.S. economy and our monetary and fiscal policies have changed. There is no direct antecedent to the situation in which we find ourselves, which makes the folly of this war all the more absurd. We didn’t just launch a war. We may have just pulled the fire alarm on the entire world economy. Resources John J. Mearsheimer: Big Trouble Ahead in Iran U.S. Energy Information Administration: Amid regional conflict, the Strait of Hormuz remains critical oil chokepoint EnergyNow: CHARTED: Oil Trade Through the Strait of Hormuz by Country Reuters: Asia’s oil and LNG dependence on the Middle East Institute for Economics & Peace: Economic Consequences of War on the U.S. Economy Global Institute for Sustainable Prosperity: Modern Money and the War Treasury Federal Reserve Bank of Cleveland: Fiscal Dominance and US Monetary: 1940–1975 UNFTR Resources Video: Iran War Could Wreck the Entire World Economy Essay: The Iran War Could Wreck the Global Economy. -- If you like #UNFTR, please leave us a rating and review on Apple Podcasts and Spotify: unftr.com/rate and follow us on Facebook, Bluesky, and Instagram at @UNFTRpod. Visit us online at unftr.com. Become a member at unftr.com/memberships. Buy yourself some Unf*cking Coffee at shop.unftr.com. Visit our bookshop.org page at bookshop.org/shop/UNFTRpod to find the full UNFTR book list, and find book recommendations from our Unf*ckers at bookshop.org/lists/unf-cker-book-recommendations. Access the UNFTR Musicless feed by following the instructions at unftr.com/accessibility.Support the show: https://www.unftr.com/membershipsSee omnystudio.com/listener for privacy information.
The Iranian drone strike on Qatar's Ras Laffan industrial complex has sent shockwaves through global energy markets, triggering force majeure on 20 percent of the world's LNG supply and closing the Strait of Hormuz to commercial shipping. To understand what just happened and what comes next, Decouple is joined by Stephen Stapczynski, Bloomberg's leading LNG correspondent and one of the few journalists who has spent years tracking the shadow fleets, supply chains, and geopolitics that sit behind the world's fastest-growing fossil fuel market.This conversation traces how Qatar came to sit atop the world's most consequential gas reservoir, why Iran was never able to monetize its side of the same field, and how the shale revolution gave Washington the geopolitical freedom to let this crisis unfold. Stephen discusses the Arctic Metagas, the first LNG carrier ever successfully attacked, and what its destruction in the Mediterranean signals about a world in which the affordable, reliable LNG that was supposed to be the bridge fuel for the developing world was always premised on freedom of navigation holding.Listen to Decouple on:• Spotify: https://open.spotify.com/show/6PNr3ml8nEQotWWavE9kQz• Apple Podcasts: https://podcasts.apple.com/us/podcast/decouple/id1516526694?uo=4• Overcast: https://overcast.fm/itunes1516526694/decouple• Pocket Casts: https://pca.st/ehbfrn44• RSS: https://anchor.fm/s/23775178/podcast/rss
Energy Vista: A Podcast on Energy Issues, Professional and Personal Trajectories
What happens to a country's energy system when war reaches its offshore gas fields?In this episode of Energy Vista, Leslie Palti-Guzman sits down with Dr. Amit Mor, CEO of EcoEnergy and Senior Lecturer at Reichman University, to examine how Israel's energy system is operating under wartime, the implications for Jordan and Egypt's electricity systems, and the broader risks to global energy markets as tensions escalate around the Strait of Hormuz.They also discuss how energy infrastructure, maritime chokepoints, and geopolitical rivalries are increasingly intertwined in today's energy landscape.The episode highlights a core theme of Energy Vista: energy security is national security.Key topics discussed• How Israel maintains electricity supply despite the shutdown of major gas platforms• Israel's regional gas integration with Jordan and Egypt• The geopolitical implications of attacks on energy infrastructure • Iran's weaponization of the Strait of Hormuz
Russia's 2022 invasion of Ukraine not only led to the demise of Russian pipeline gas supplies to Europe and caused prices to spike, but it also helped create new arbitrage opportunities for U.S. LNG shippers. In today's RBN blog, we look at the different approaches the U.S. upstream has adopted in response.
Iran war & the closure of Strait of Hormuz has affected global oil supply and resulted in LPG ‘crisis' in India. In episode 1809 of Cut The Clutter, Shekhar Gupta, Editor-In-Chief, ThePrint looks at India's imports of LPG & LNG, how much do we consume & measures undertaken by Modi govt to address the concerns. Udit Bubna joins in.
Deutschland diskutiert erneut über heimische Erdgasförderung. Geopolitische Krisen, teures LNG und mögliche Milliardenreserven rücken Fracking und neue Gasfelder wieder ins Zentrum energiepolitischer Debatten.
Join the Conversation at 303-477-5600 or text to 307-200-8222 Monday - Friday from 3 pm - 6 pm MT. https://RushToReason.com 3-11-26 HOUR 1 Hour 1 of Rush to Reason dives into Health and Wellness Wednesday, blending practical planning with conversations about brain health, sleep, and aging. John Rush begins with estate planning attorney Michael Bailey, discussing how changing tax laws and retirement rules—such as those affecting inherited IRAs—can impact what families pass to the next generation. Are Americans planning wisely, or unknowingly leaving more to the IRS? The conversation then shifts to brain health, dementia prevention, and daily habits that influence long-term wellness. Drawing from research by a Harvard neurologist, John explores how sleep, stress management, social interaction, exercise, and lifelong learning may help protect cognitive function. Could small daily routines be the key to staying mentally sharp? Later, Dr. Jacob Teitelbaum joins the program to discuss sleep science, daylight saving time, fatigue, and cognitive health. Why do some people struggle for days after the clock change? And could poor sleep be quietly contributing to chronic pain, fatigue, and dementia risk? From estate strategy to brain longevity, the hour asks an important question: are your daily habits helping—or hurting—your future? Timestamps 1:57 — Michael Bailey — https://michaelbaileylawllc.com 27:51 — Dr. Jacob Teitelbaum — https://endfatigue.com & https://vitality101.com/ HOUR 2 Hour 2 opens with a conversation about leadership, accountability, and adversity with author Richard Battle. What separates leaders who rise during challenges from those who collapse under pressure? Through real-world stories, Battle explains how trust, honesty, and a leader's first response to adversity can shape long-term credibility. The discussion then turns to media narratives and public perception, including controversial crime statistics (https://bjs.ojp.gov). John questions whether news coverage highlights some stories while ignoring others that do not fit prevailing narratives. Next, the focus shifts to preparedness as John warns about possible Xcel Energy power shutoffs during extreme wind and wildfire conditions. What should families do if the power goes out for days? The hour concludes with Colorado politics, examining debates over coal plant closures, energy reliability, school choice, and education funding. As Colorado surpasses six million residents, the question becomes: can policy decisions keep pace with the state's growing needs? HOUR 3 Hour 3 begins with Jerzee Joe's rapid-fire “stupid stories of the week,” covering topics ranging from an Oregon proposal that could ban hunting and livestock production to debates over media bias, cultural politics, and race narratives in the headlines. Clips from Senator Eric Schmidt, Senator John Kennedy, Bill Maher, and Congressman Wesley Hunt highlight concerns about political rhetoric and media framing. The conversation then turns to gun control policies and rising background check fees, raising a larger question: are regulations quietly limiting the rights of lower-income Americans? Later, Scott Garliss of Bent Pine Capital joins John to analyze tensions in the Middle East and the importance of the Strait of Hormuz, where nearly 20% of the world's oil supply moves daily. If Iran disrupts that chokepoint, what happens to global energy markets? The hour wraps with a discussion of energy geopolitics, LNG exports, inflation, Fed policy, and market volatility—examining how global conflicts can ripple into fuel prices, the economy, and financial markets at home. Timestamps 1:14 — Jerzee Joe — https://www.jerzeejoe.com 25:45 — Scott Garliss — https://substack.com/@cscottgarliss
Join the Conversation at 303-477-5600 or text to 307-200-8222 Monday - Friday from 3 pm - 6 pm MT. https://RushToReason.com 3-11-26 HOUR 1 Hour 1 of Rush to Reason dives into Health and Wellness Wednesday, blending practical planning with conversations about brain health, sleep, and aging. John Rush begins with estate planning attorney Michael Bailey, discussing how changing tax laws and retirement rules—such as those affecting inherited IRAs—can impact what families pass to the next generation. Are Americans planning wisely, or unknowingly leaving more to the IRS? The conversation then shifts to brain health, dementia prevention, and daily habits that influence long-term wellness. Drawing from research by a Harvard neurologist, John explores how sleep, stress management, social interaction, exercise, and lifelong learning may help protect cognitive function. Could small daily routines be the key to staying mentally sharp? Later, Dr. Jacob Teitelbaum joins the program to discuss sleep science, daylight saving time, fatigue, and cognitive health. Why do some people struggle for days after the clock change? And could poor sleep be quietly contributing to chronic pain, fatigue, and dementia risk? From estate strategy to brain longevity, the hour asks an important question: are your daily habits helping—or hurting—your future? Timestamps 1:57 — Michael Bailey — https://michaelbaileylawllc.com 27:51 — Dr. Jacob Teitelbaum — https://endfatigue.com & https://vitality101.com/ HOUR 2 Hour 2 opens with a conversation about leadership, accountability, and adversity with author Richard Battle. What separates leaders who rise during challenges from those who collapse under pressure? Through real-world stories, Battle explains how trust, honesty, and a leader's first response to adversity can shape long-term credibility. The discussion then turns to media narratives and public perception, including controversial crime statistics (https://bjs.ojp.gov). John questions whether news coverage highlights some stories while ignoring others that do not fit prevailing narratives. Next, the focus shifts to preparedness as John warns about possible Xcel Energy power shutoffs during extreme wind and wildfire conditions. What should families do if the power goes out for days? The hour concludes with Colorado politics, examining debates over coal plant closures, energy reliability, school choice, and education funding. As Colorado surpasses six million residents, the question becomes: can policy decisions keep pace with the state's growing needs? HOUR 3 Hour 3 begins with Jerzee Joe's rapid-fire “stupid stories of the week,” covering topics ranging from an Oregon proposal that could ban hunting and livestock production to debates over media bias, cultural politics, and race narratives in the headlines. Clips from Senator Eric Schmidt, Senator John Kennedy, Bill Maher, and Congressman Wesley Hunt highlight concerns about political rhetoric and media framing. The conversation then turns to gun control policies and rising background check fees, raising a larger question: are regulations quietly limiting the rights of lower-income Americans? Later, Scott Garliss of Bent Pine Capital joins John to analyze tensions in the Middle East and the importance of the Strait of Hormuz, where nearly 20% of the world's oil supply moves daily. If Iran disrupts that chokepoint, what happens to global energy markets? The hour wraps with a discussion of energy geopolitics, LNG exports, inflation, Fed policy, and market volatility—examining how global conflicts can ripple into fuel prices, the economy, and financial markets at home. Timestamps 1:14 — Jerzee Joe — https://www.jerzeejoe.com 25:45 — Scott Garliss — https://substack.com/@cscottgarliss
Join the Conversation at 303-477-5600 or text to 307-200-8222 Monday - Friday from 3 pm - 6 pm MT. https://RushToReason.com 3-11-26 HOUR 1 Hour 1 of Rush to Reason dives into Health and Wellness Wednesday, blending practical planning with conversations about brain health, sleep, and aging. John Rush begins with estate planning attorney Michael Bailey, discussing how changing tax laws and retirement rules—such as those affecting inherited IRAs—can impact what families pass to the next generation. Are Americans planning wisely, or unknowingly leaving more to the IRS? The conversation then shifts to brain health, dementia prevention, and daily habits that influence long-term wellness. Drawing from research by a Harvard neurologist, John explores how sleep, stress management, social interaction, exercise, and lifelong learning may help protect cognitive function. Could small daily routines be the key to staying mentally sharp? Later, Dr. Jacob Teitelbaum joins the program to discuss sleep science, daylight saving time, fatigue, and cognitive health. Why do some people struggle for days after the clock change? And could poor sleep be quietly contributing to chronic pain, fatigue, and dementia risk? From estate strategy to brain longevity, the hour asks an important question: are your daily habits helping—or hurting—your future? Timestamps 1:57 — Michael Bailey — https://michaelbaileylawllc.com 27:51 — Dr. Jacob Teitelbaum — https://endfatigue.com & https://vitality101.com/ HOUR 2 Hour 2 opens with a conversation about leadership, accountability, and adversity with author Richard Battle. What separates leaders who rise during challenges from those who collapse under pressure? Through real-world stories, Battle explains how trust, honesty, and a leader's first response to adversity can shape long-term credibility. The discussion then turns to media narratives and public perception, including controversial crime statistics (https://bjs.ojp.gov). John questions whether news coverage highlights some stories while ignoring others that do not fit prevailing narratives. Next, the focus shifts to preparedness as John warns about possible Xcel Energy power shutoffs during extreme wind and wildfire conditions. What should families do if the power goes out for days? The hour concludes with Colorado politics, examining debates over coal plant closures, energy reliability, school choice, and education funding. As Colorado surpasses six million residents, the question becomes: can policy decisions keep pace with the state's growing needs? HOUR 3 Hour 3 begins with Jerzee Joe's rapid-fire “stupid stories of the week,” covering topics ranging from an Oregon proposal that could ban hunting and livestock production to debates over media bias, cultural politics, and race narratives in the headlines. Clips from Senator Eric Schmidt, Senator John Kennedy, Bill Maher, and Congressman Wesley Hunt highlight concerns about political rhetoric and media framing. The conversation then turns to gun control policies and rising background check fees, raising a larger question: are regulations quietly limiting the rights of lower-income Americans? Later, Scott Garliss of Bent Pine Capital joins John to analyze tensions in the Middle East and the importance of the Strait of Hormuz, where nearly 20% of the world's oil supply moves daily. If Iran disrupts that chokepoint, what happens to global energy markets? The hour wraps with a discussion of energy geopolitics, LNG exports, inflation, Fed policy, and market volatility—examining how global conflicts can ripple into fuel prices, the economy, and financial markets at home. Timestamps 1:14 — Jerzee Joe — https://www.jerzeejoe.com 25:45 — Scott Garliss — https://substack.com/@cscottgarliss
WAR IS COMPLETE! Oil Screaming higher Euro Nat Gas up 60% An update on JCD PLUS we are now on Spotify and Amazon Music/Podcasts! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter INTERACTIVE BROKERS Warm-Up - The CTP for Caterpillar - We have a winner! - A tech earnings BLOWOUT - A seminal moment with AI and Employment trends - An update on JCD - from JSD - A Limerick for JCD Markets - WAR FOOTING - Buyers are still there... - Oil Screaming higher (Sunday night wow!) - Euro Nat Gas up 60% - Anyone wondering why markets keep going up? John Dvorak Jr. - Guest - UPDATE ON JCD JSD: - Tell us what you are doing these days... - What was it like growing up around constant tech commentary and skepticism? - How did that environment shape the way you look at innovation and hype? - Where do you most disagree with your father's views on technology today? - Is AI making people smarter—or more dependent? - How should younger professionals think about job security when automation is accelerating? War and Oil - Iran's Revolutionary Guard says it has closed the Strait of Hormuz, per a Reuters report. - About a third of the world's seaborne oil exports passed through the Strait in 2025. - Threatening to BURN any ship that attempts to go through - The Strait of Hormuz is a critical, narrow chokepoint about 90–104 miles (145–167 km) long and 21–60 miles (33–95 km) wide. At its narrowest, it is only 21 miles (33 km) across, with shipping lanes in each direction restricted to just two miles wide to accommodate massive oil tanker traffic, representing about one-fifth of global oil consumption - Meanwhile - lots of production halts - Oil screamed to $115 on Sunday night before cooler heads prevailed AND SPR talk hit the tape. - MISSION ACCOMPLISHED? Just in... - President Trump says "I have ordered the United States Development Finance Corporation to provide, at a very reasonable price, political risk insurance and guarantees for the financial security of all maritime trade, especially energy, traveling through the Gulf. This will be available to all shipping lines. If necessary, the United States Navy will begin escorting tankers through the Strait of Hormuz, as soon as possible" - BUT, who would even want to take the chance of moving through that area - even if there is insurance? Meanwhile LNG -Daily charter rates for LNG tankers in the Atlantic Basin have surged to over $200,000 per day. - Rates are roughly double levels seen less than a day earlier. - The spike followed Qatar's shutdown of LNG production as the conflict with Iran spread across the region. - The new offer levels are at least three times higher than the most recent assessed LNG tanker rate of $61,500, according to Spark Commodities earlier Monday. - Despite the elevated asking prices, no transactions have yet been confirmed at these levels. You thought that was BAD? - Europe in bad shape with Nat Gas after Qatar halted production (accounts for 20% of global LNG supply) Euro Nat Gas Amazon Data Loss - HEY WHAT ABOUT THIS? - Amazon Web Services said late Monday two of its data centers in the United Arab Emirates and a facility in Bahrain were damaged by drone strikes, taking the facilities offline. - “In the UAE, two of our facilities were directly struck, while in Bahrain, a drone strike in close proximity to one of our facilities caused physical impacts to our infrastructure,” AWS said. “These strikes have caused structural damage, disrupted power delivery to our infrastructure, and in some cases required fire suppression activities that resulted in additional water damage.” - This is an interesting twist on cyber-warfare - WHAT IF? - JSD: How does this impact AI and the world tech flow? Why do/did markets keep climbing? - Global debt climbed to a record $348 trillion at the end of 2025, after nearly $29 trillion was added over the year in the fastest yearly build-up since the pandemic surge - The increase was driven primarily by governments, which accounted for more than $10 trillion of the rise, with the United States, China and the euro area responsible for roughly three-quarters of the jump - Also, margin debt up 30% in 2025 - so there is that... - No wonder there is resilience in these markets... Berkshire News - Earnings from operations totaled $10.2 billion in Q4. That's down more than 29% from $14.56 billion in the year-earlier period. - Insurance underwriting profits dropped 54% to $1.56 billion from $3.41 billion a year prior. Insurance investment income slid nearly 25% from to $3.1 billion from $4.088 billion. - This was the final quarter under Warren Buffett as CEO, who announced he was stepping down at the annual shareholders meeting last May. - Full year overall earnings, meanwhile, fell to $66.97 billion from $89 billion a year prior. - NO Buybacks, bit they still have more that $350B is cash INTERACTIVE BROKERS Check this out and find out more at: http://www.interactivebrokers.com/ Irritating - UBS' top equity strategist dialed back his view on U.S. stocks, citing mounting risks from a weakening dollar, stretched valuations and policy turbulence in Washington. - Andrew Garthwaite, head of global equity strategy at the investment bank, downgraded American equities to “benchmark” in a fully invested global equity portfolio, arguing that the factors that powered years of outperformance are starting to fade. - Market weight - no risk for this guy on the call. Can't lose as will just perform with the benchmark - DUMB Dell Earnings BLOWOUT (Follow up) - Dell reported adjusted earnings of $3.89 per share, exceeding the $3.53 per share expected by analysts surveyed by LSEG. - The company posted $33.38 billion in revenue for the quarter, topping a forecast of $31.73 billion. - Stock up 22% on the news and followed through on Monday - Dell cut quote time to less that a week (prices expire) - Dell expects revenue for its artificial intelligence servers to hit $50 billion in 2027, more than double the year prior. - Much different story from HP that was complaining about input pricing.... Obviously Dell is much smarter at pass-though management of pricing. Jack on the Attack - Financial technology firm Block (XYZ), run by Jack Dorsey began slashing more than 40% of its workforce (4k people) on Thursday, saying in a letter to shareholders that AI tools "have changed what it means to build and run a company." - The AI layoffs came as the Square payment system and Cash App operator matched fourth-quarter earnings estimates, yet Block shares surged after hours. - Evercore ISI analyst Adam Frisch called the layoffs "the seminal moment to date in the AI narrative and how it could transform companies as we know it going forward." - SOOOOOO - AI is responsible for job cuts? ---- SOOOOOO - AI can replace humans and as productivity is enhanced? Duolingo - Duolingo forecast first-quarter and 2026 bookings below expectations on Thursday as it shifts strategy toward faster user growth, a move it said will weigh on bookings growth and profitability this year, sending the company's shares down more 23% after hours last week. - The company plans to roll out more AI-driven speaking tools to free users, reducing friction that previously nudged learners toward paid plans - Poster child of how AI can kill your business? - However, earnings/financials looked pretty good and there is a strategy there that may be beneficial Love the Show? Then how about a Donation? THE CLOSEST TO THE PIN for CATERPILLAR Winners will be getting great stuff like the new "OFFICIAL" DHUnplugged Shirt! FED AND CRYPTO LIMERICKS There is a tech pundit whose name be John, Whose sharp takes went late into dawn. He hit pause for some care, But with grit (and repair), Soon he'll be back oh so steady and strong. See this week's stock picks HERE Follow John C. 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Today, we return to US domestic energy supply and private equity. The vibrancy of private capital markets launched the shale revolution and is now unlocking key bottlenecks in infrastructure as the US looks to meet the world's demand for LNG and domestic AI. Where is shale production today? Are rumors of its demise overstated? Where is demand headed, particularly for natural gas? And how is private equity faring more broadly in a world of higher interest rates and other macro-economic headwinds? And what are the opportunities within energy and its infrastructure? Our guest is Jason Downie, Co-Founder and Managing Partner of Tailwater Capital, a private equity firm with over 6 billion in capital and a core focus on energy infrastructure.
Today we had the honor of welcoming back Dr. Dan Yergin, Vice Chairman of S&P Global and Chairman of CERAWeek. Dan is a Pulitzer Prize-winning author, one of the most respected voices in energy, and a longtime authority on the intersection of energy, geopolitics, and the global economy. He is also the author of The Prize, The Quest, and The New Map, books that have helped shape how the industry understands energy history, markets, and geopolitical risk. With CERAWeek kicking off on March 23, we were delighted to hear Dan's latest insights on the evolving energy landscape, along with a preview of the key themes and conversations likely to shape this year's conference (current agenda available here). Our conversation began with Dan's perspective on how recent events in Iran have dramatically changed the backdrop heading into CERAWeek, and why the market may have been too complacent in the early days of the disruption. Dan shares his view that bad policy is often made under duress, reminds us that oil prices were already moving higher during the Gulf buildup, and explains why this moment should be viewed through a broader lens than just the formal start of the conflict itself. We explore the themes likely to shape CERAWeek this year, including the growing convergence of energy, power, and tech, the role of gas and electricity in the AI buildout, the importance of critical minerals and copper, infrastructure and permitting, nuclear, and the future direction of upstream oil and gas. We touch on Europe's continued energy vulnerability, the renewed importance of U.S. LNG, the prospect of Europe once again competing with Asia for cargoes, the unique risks that LNG faces through the Strait of Hormuz, and the broader implications for global gas markets. We discuss the range of outcomes for Gulf production shut-ins, why U.S. producers are unlikely to react to short-term price spikes, how insurance, freight costs, and physical security are shaping traffic through the Strait, and what the performance of the U.S. and Israeli militaries indicates about the scale of planning behind this operation. We also look at the longer-term questions underneath the current crisis, including the changing role of Gulf capital, the infrastructure limits around the Strait, the historic arc of Iran's posture in the region, and why the convergence of tech and energy may be one of the most important and constructive forces shaping the industry today. As always, it was an insightful and thought-provoking discussion. Many thanks to Dan for sharing his perspective and time with us all. Mike Bradley started the show by noting that the market conversation this week has once again been focused on U.S. strikes against Iran and the short- and intermediate-term fallout across commodities and equities. In crude, he highlighted that WTI has moved from the mid-$60s/bbl before the war to ~$85/bbl, after peaking near $120/bbl on Sunday night into Monday morning. The effective shutdown of the Strait of Hormuz has been the main driver for global oil prices, with Iraq, Kuwait, and Saudi Arabia cutting production by 5–7 mmbpd due mostly to onshore oil storage constraints. WTI fell roughly $10/bbl in Tuesday's trading due to rumors of a potential coordinated global SPR release of 300–400 million barrels. This war in Iran, at this point, should be viewed differently than the Ukraine war from an oil, natural gas, and economic standpoint. Global oil prices peaked about one month into that conflict, EU natural gas prices peaked roughly six months in, and economic stats such as U.S. CPI and PPI were significantly higher than today, so the pain threshold heading into this war seems more manageable. On the Energy equity front, the Energy sector is flattish since the Iran war started, significantly underperforming oil prices, with investors choosing not to chase energy equities with the move h
La guerra in Iran fa salire bollette, benzina e prezzi del gas in tutta Europa. Ma perché? In questo video spieghiamo tutto quello che c'è da sapere: dallo Stretto di Hormuz bloccato al Qatar fermo, dalla borsa del gas di Amsterdam (TTF) al potenziale impatto sulle imprese italiane. In questo video capirai: 00:00 Perché lo Stretto di Hormuz è bloccato anche se l'Iran non l'ha chiuso formalmente 06:20 Cosa c'entra il Qatar con la bolletta del gas degli italiani 09:49 Come funziona la liquefazione del gas e cos'è Ras Laffan 17:05 Cos'è il TTF e perché determina il prezzo che paghiamo in bolletta 20:47 Quanto aumenteranno le bollette di gas e luce nel 2026 22:37 Perché il diesel sale più della benzina 24:17 Quanto costerà la guerra alle imprese italiane Link del libro PAUSA LIBRO: https://geopop.it/Pausa-Libro-su-Amazon Video correlato - Iran, USA, Israele: come siamo arrivati alla guerra e cosa può succedere adesso https://youtu.be/WZuXvvDRTgg?si=93gZ0CUf3PHanqVL Video correlato: come funziona una nave rigassificatrice: https://youtu.be/tggxcDxfSiQ?si=RV7aJI9MgOmuHY28 Video correlato: Da dove arriva il gas? https://youtu.be/XKdZxxNNLG0?si=cH56soWXI7XO5sVZ Video correlato - Siamo saliti su una nave rigassificatrice italiana: https://youtu.be/12gFqASWxlI?si=qSoIYYKVoUEmnQ8s Fonti • Lloyd's Market Association / Joint War Committee — classificazione zone belliche, marzo 2026 • Reuters — tempi di riavvio QatarEnergy, 3-4 marzo 2026 • QatarEnergy — comunicato cessazione produzione LNG, 2 marzo 2026 • Facile.it — stime impatto bollette famiglie italiane, 4 e 6 marzo 2026 • Nomisma Energia — previsioni tariffe gas ed elettricità Q2 2026 • CGIA di Mestre — impatto energetico sulle imprese italiane 2026 • Kpler — dati traffico navale Stretto di Hormuz • Goldman Sachs — analisi mercati energetici, marzo 2026 • Ministero delle Imprese e del Made in Italy (MIMIT) — segnalazioni speculazione carburanti ARERA — tariffe energia domestica • IEA — International Energy Agency, Oil Market Report Learn more about your ad choices. Visit megaphone.fm/adchoices
Tanker traffic dries up, oil, gas and fertilizer prices soar, and the world holds its breathThe Strait of Hormuz has long been discussed as one of the single greatest vulnerabilities in global energy supply. Now the risk has become reality. Host Ed Crooks is joined by Amy Myers Jaffe, Director of NYU's Energy, Climate Justice and Sustainability Lab, and Chris Aversano, Director of Maritime Partnerships at Wood Mackenzie, to assess what the disruption means for energy markets, supply chains, and the people at the centre of it all.Oil prices briefly spiked to around $119 a barrel before falling back. European natural gas prices have nearly doubled. But those numbers only tell part of the story. In normal times, between 150 and 175 ships would pass through the Strait of Hormuz every day. Since the war began, that has fallen to perhaps 10 to 12 a day. The Strait is a vital artery for the world's energy and fertilizer supplies. If it is blocked for long, the results could be catastrophic.Amy puts the market's reaction in context. She has been studying the Strait of Hormuz since the 1990s, and says that although the geography is still the same, the technology is different. The threat from drones, drone boats, and other weapons of asymmetric warfare may be harder to neutralise than the weapons that shaped earlier thinking. As she puts it, modern threats to shipping are “not your father's Oldsmobile”.Chris highlights the human dimension of the conflict. An estimated 20,000 seafarers are currently trapped inside the war zone, alongside a further 15,000 people on cruise ships and ferries. Seven merchant mariners have been killed so far, in 13 confirmed or suspected attacks. These are civilians, Chris reminds us: workers sending money home to countries such as the Philippines, Bangladesh and India, or in Eastern Europe, who never expected to find themselves victims of an armed conflict.The discussion also gets into the practicalities of what it would take to restore flows through the Strait. The US government has announced a $20 billion insurance facility to cover hull, machinery and cargo for ships in the Gulf. As Chris explains, that still leaves indemnity insurance, covering liability for spills and other damage, entirely unaddressed. A fully-laden VLCC (Very Large Crude Carrier) tanker and its cargo is worth upwards of $300 million. Cleaning up a spill of its cargo of 2 million barrels of oil could cost multiples of that.Routes to bypass the Strait of Hormuz are already being activated. Saudi Arabia's East-West pipeline to Yanbu, on the Red Sea coast, has seen throughput surge from around 730,000 barrels a day to as much as 2.5 million b/d. The UAE pipeline to Fujairah offers additional relief. But as Amy makes clear, these routes cannot come close to replacing the Strait of Hormuz in full. They do not help Iraq or Kuwait. They carry no LNG. And for refined products, there is no pipeline alternative at all.The episode closes with a broader look at what this crisis means for the future of energy. Amy argues that it reinforces the case for clean technology: when an oil price shock arrives, investment in renewables, EVs, and energy storage tends to follow. Ed points to Europe, now seeing its gas prices spike for the second time in four years, as a place where the arguments for renewables, nuclear, transmission, and demand response are becoming even harder to ignore. Green hydrogen could also benefit, thanks to potential for replacing natural gas in fertilizer supply chains. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Brian Szytel from Dividend Cafe (Tuesday, March 10) recaps a mixed market day that started higher on optimism from comments that the war would end soon, then faded to flat after reports of Iran laying mines in the Strait of Hormuz amid intensified Middle East conflict. He notes modest economic releases: the NFIB Small Business Optimism Index at 98.8 (near historical average) and February existing home sales above expectations at over 4 million, suggesting some housing thaw as rates ease. He explains the Strait's global importance (about 20% of oil/LNG and 30% of helium) and estimates a ~0.4% GDP impact if disruptions persist, contributing to higher long rates and a steepening yield curve. He advises against timing volatility and discusses defense contractors, emphasizing fundamentals and the ability of large firms to develop or acquire new technologies. 00:00 Market Open And Headlines 00:48 Economic Data Check In 01:27 Strait Of Hormuz Stakes 02:18 Rates And Yield Curve 02:51 Staying Invested Through Volatility 03:19 Defense Stocks And Cheap Weapons 04:50 How We Invest In Defense 05:16 Wrap Up And Q And A Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com
The world could face one of the most severe shocks to energy markets since the 1970s as we enter week two of the war in the Middle East.The strait of Hormuz, the artery for 20 per cent of the world's oil and gas, has been effectively shut down. Qatar, which makes up one fifth of the world's liquefied natural gas exports, has stopped production of LNG after Iran struck two of its sites. In the aftermath natural gas prices spiked in Asia and Europe.Jim Krane, a fellow in Middle East Energy Studies at Rice University's Baker Institute for Public Policy, is here to talk through the high stakes. Jim also reported for the Associated Press in the Middle East for years.For transcripts of Front Burner, please visit: https://www.cbc.ca/radio/frontburner/transcripts
Can the energy system keep up with AI power demand, and rising geopolitical risk?Live from Daniel Energy Partners' Thrive Event at Houston's Daikin Field, Energy Espresso host Jim Wicklund sits down with Loren Singletary, Vice President-Global Accounts and Investor Relations at National Oilwell Varco, to break down oil price uncertainty tied to Middle East tensions and the Strait of Hormuz, the coming surge in U.S. gas demand, and the infrastructure challenges standing in the way.They also explore deepwater's comeback, LNG market shifts, and why pipeline bottlenecks, especially out of the Marcellus, could shape the next phase of U.S. energy growth00:00 Welcome and Banter00:56 Geopolitics Driving Oil01:23 Strait of Hormuz Risks03:20 Politics and Price Targets04:15 Oil Price History05:12 Forecasting and Boone07:09 Gas Demand Surge09:30 Pipelines and Permitting12:27 All of the Above Energy13:30 SMRs and AI Timing14:34 NOV Leadership Shift15:05 Deepwater Returns16:13 Rigs and Day Rates17:16 Where to Drill Next19:21 Geoscience Breakthroughs20:46 Evolution of Drilling Tech21:37 Consolidation And Completion Science22:28 Automated Rigs And Bigger Hookloads23:51 Automation Versus Robotics24:38 Safety Driven By Operators25:29 Rig Supply Dayrates And Discipline28:02 Bananas And Water Disposal Earthquakes31:06 Treating Produced Water Economics32:55 Power Crunch Data Centers And Coal34:14 Ohio Mega Gas Plant And Scale36:04 2026 Risks Gas Prices And Saudi Capacity41:43 Wrap Up And Thanks
What happens to dairy markets when one of the world's busiest shipping lanes suddenly gets disrupted? With the Strait of Hormuz under pressure and trade routes across the Persian Gulf in question, exporters are scrambling to figure out how to move product. What does all this mean for global dairy demand? In this episode of The Milk Check, host Ted Jacoby III sits down with the Jacoby trading team to talk through what happens when geopolitics collides with global dairy trade. We dig into: How exporters may reroute product through alternate ports like Jeddah Why trade flows could shift between the U.S., Europe, Oceania and Southeast Asia How energy prices and freight disruptions could ripple through dairy markets Whether this disruption boosts demand in the short term or destroys it if it drags on Find out how one shipping lane could reshape the global dairy trade. Listen to The Milk Check episode 95: The Strait of Hormuz: What the Iran Conflict Means for Dairy Trade. Click below to listen or find us on Spotify, YouTube, Apple Podcasts, and Amazon Music. Got questions? We'd love to hear them. Submit below, and we might answer it on the show. Ask The Milk Check Ted Jacoby III: [00:00:00] Coming up on The Milk Check. The Strait of Hormuz is closed. The port of Dammam is closed. Joe Maixner: There’s definitely product that’s stuck, can’t get to its destination. Ted Jacoby III: Welcome to the Milk Check from T.C. Jacoby and Company, your complete guide to dairy markets, from the milking parlor to the supermarket shelf. I’m Ted Jacoby. Let’s dive in. Today we’re gonna talk about what’s going on in the dairy market, specifically global trade. We’re recording this on March 6th, 2026, and seven days ago the U.S. bombed Iran. As we [00:00:30] speak, the Strait of Hormuz is closed. The port of Dammam is closed, and trade flows are getting rearranged as we speak. Today with me, we have Joe Maixner, head of our butter trading book. We have Josh White, we have Diego Carvallo, and we have Mike Brown. And we thought it would be appropriate to discuss what’s going on in the Middle East, specifically how it’s affecting the dairy industry, and what its short-term and long-term effects will be on dairy demand. We’re gonna start with Joe. Joe, what are you hearing out there right [00:01:00] now? Joe Maixner: There’s definitely product that’s stuck, can’t get to its destination. Both going into Port of Dammam and other Middle Eastern ports for that matter. With butter’s moves over the past year, the Middle East market had been probably the largest growth opportunity for us in global exports for butter. Fortunately, this all happened after the rush for Ramadan to get everything in. So, I would say that it’s not as bad as it could be right now, but there is certainly product that’s stuck on the water looking for [00:01:30] alternative options to get to land. And there’s quite a bit of product that still is waiting to leave the U.S. that we’re not quite sure if and when it will actually leave. A lot of it’s still up in the air. Nobody really knows, what to do yet. I think it’s still too early to tell. Nothing’s been canceled per se, but the longer that this drags on, we’re certainly going to have some effects from it. Ted Jacoby III: There’s a lot of talk that maybe this war is gonna be a five to six week war. If the Strait of Hormuz is closed for five to six weeks, as is the [00:02:00] Port of Dammam, is that enough to cancel orders? Is that too long? Joe Maixner: I would say it should probably cancel some orders. I wouldn’t say it would cancel everything, but they’re gonna have to get product at some point from somewhere, They can’t completely stop. People are gonna have to eat. Production will still have to continue, and they’re gonna have to source product from somebody. And if we can’t get it there, they’ll find it from somewhere else. Ted Jacoby III: I’m hearing that one of the things that they’re exploring is shipping into Jeddah, which if you look at a map of the Middle East, Dammam is in the Persian Gulf on [00:02:30] one side of the peninsula. Jeddah is basically on the exact opposite side of Peninsula on the Red Sea. So they’re talking about shipping into Jeddah and then shipping it across the land to where it might need to go. The first thing that occurs to me is Dammam, I believe, is a bigger port than Jeddah. And so if you take all those container ships going into Dammam and send them to Jeddah instead, there’s not gonna be enough room to unload ’em all. And so, at the very least, the traffic’s gonna be pretty horrific. Are you guys hearing people working on that too? Joe Maixner: Yes, they’re looking at alternate ports of [00:03:00] entry and moving the product around. Jeddah is one. Casablanca is one. Going into Egypt is one. There are options. All of ’em are more expensive and it’s just gonna depend on how desperate the end user is to get the product. Josh White: We’ve got some experience dealing with trade disruptions over the past decade, and we tend to see the playbook similarly each time. And then when we talk about what’s specifically happened in our markets now, I think We can watch for some warning signs. Number one is in these type of situations, we start worrying about trade [00:03:30] flows, energy, freight, congestion, those type of things, all impacting markets and trade. Additionally, when we think about this conflict, there’s maybe three different scenarios to talk about. It’s very intense right now. Does that intensity continue for a very long time? What does that mean for our trade? It’s very intense right now for, but after, four to six weeks, maybe it continues on, but it’s more stable or consistent and the world learns how to trade around it. And then the third one is the one you [00:04:00] outlined earlier, which I think is a bit optimistic, usually these things don’t just go away that quickly, is that it’s over in a short amount of time. That’s the easiest one for us to project. That just creates a short-term concentration pent-up demand, pent-up shipments, and we just gotta work our way through that bubble. I think the middle one’s more likely. Not because I’m an expert on these things, but we’ve seen what happened in different conflicts in different situations. The middle one being it’s intense for a bit, then it becomes more consistent and normalized, and we just learn how to work [00:04:30] around it. What does that mean? And to me, that redirects trade flows. For instance, the U.S. has been very competitive in the Middle East for butter and cheese. It’s not the first time we’ve been competitive. We were competitive 15 years ago or so at a pretty good rate where we were an net exporter of butterfat, cheese I think we’ve been fairly consistent throughout, but it takes time to get there. Our biggest obstacle in doing business with that market versus Europe as a competitor, is the transit time. We inflate the freight rates, we increase transit [00:05:00] time, there’s concern of access to supply because of turbulence or stability, our price could be fine, and we could still miss some business because you have to buy now or you’ve gotta get product in now, or you just don’t have time to wait the, what, six weeks from order at minimum, probably more like a quarter, oftentimes, to get the product. That’s maybe our biggest obstacle right now is redirected trade lanes, not price. Joe Maixner: All of these trade disruptions create opportunity elsewhere. If our price comes off, [00:05:30] as it has, butter shot up earlier this week, it’s come back off here at the end of the week. It’s created opportunity for trade into other export markets. Where one door closes, another opens. Ted Jacoby III: How do you think those trade flows change? What comes, what goes, what are the changes that you think will happen? Let’s assume that the Persian Gulf is off limits for two or three months. What does that mean for dairy? Josh White: Lost demand, if it’s that long. That’s lost demand. Now if we assume that we’re able to redirect product to [00:06:00] maintain the same demand, you’re gonna have trade lanes shift, right? What are the options? Ted Jacoby III: Let’s articulate this a little bit more for our listeners. When we’re talking about trade lanes shifting, right now there’s product on the water trying to head there that can’t. What’s gonna happen to those ships? That’s one. Two, there’s product that was sitting in the port about ready to ship. I think there were a lot of calls this week. I think we know of quite a few calls this week where they basically said, “Let’s sit on it. Let’s wait for this all to calm down before we actually ship it.” And three, [00:06:30] there’s product that maybe was scheduled to ship in a month or two. I think it’s fair to say, people probably have to figure out immediately what are they gonna do with the product that’s on the water right now. And I think the other two, they may be able to give it a little bit of time, decide whether or not they’re gonna cancel any orders and redirect it. Diego, the product that’s on the water right now, what do you expect happens to it? Diego Carvallo: Ted, I’ve been internally debating this for a while and even with the team. I think a few things are happening, but I don’t know which one has a bigger magnitude. Supply chains used to be very thin [00:07:00] for skim milk powder for the past year or two years. They are gonna have to build more inventory for those supply chains because product might take 60 days instead of 30 days to ship it. Product is gonna get stuck at the port of entry, port of shipment, in transit, et cetera. So, I think that bumps up demand artificially. Yeah. But there’s more product that’s gonna be stuck in the supply chain. That’s the first thing that comes to mind short-term, if this doesn’t continue to escalate. But if things continue to [00:07:30] escalate, and three weeks from now or a month from now, we’re still not being able to ship product to those destinations, product is gonna start backing up at ports of loading, right? So we’re gonna start hearing from the California manufacturers that they have a 100, 200 loads at port, and that prospects are not great for shipping, and that we should find new homes for that, right? I think if this gets solved the short-term, it’s positive for demand. It’s bullish market, but if it goes more long-term, you start killing demand, and you start needing to [00:08:00] find homes for additional product. But I know that everybody, at least on our team, has different takes on the whole situation. Ted Jacoby III: I would agree with that. I tend to lean to the side that, politically, the Trump administration can’t afford for this to go on too long, and the longer the strait is closed, the more political pressure they’re gonna have to resolve things. It’s realistic to consider that there’s a possibility that this thing goes on for a really long time, and that strait is closed for a really long time. Diego Carvallo: The second topic that I think we should talk a little bit about is what is a [00:08:30] psychological implication that this has on buyers? For example, on Chinese buyers who depend on products that go through that canal. That’s why I lean towards supply chains are gonna have to increase the amount of product they have, and end users are gonna change a little bit their procurement practices to increase their stocks. Yeah. Josh White: That happened post COVID, right? And didn’t last very long. Ted Jacoby III: I’d say it lasted two years. Josh White: But my point wasn’t that two years wasn’t a long time. It [00:09:00] was more of: they reverted back to the just-in-time model once things stabilized. Ted Jacoby III: Yes. That is a good point. I do agree with that. But you know what, even though they reverted back to the just-in-time model, two and a half months ago, prices were low enough that I think there were people trying to rebuild their stocks because they felt that prices were low enough to do that. I don’t know if they actually succeeded. My gut, based on what we’re hearing from customers right now, is they didn’t, but there was certainly a willingness to build back inventory levels if the price was right. In the [00:09:30] meantime, we’re dealing with disrupted trade flows. And so my second question for you guys is, we talk about disrupted trade flows, but let’s put some examples under that so our listeners understand what we’re talking about. How will these trade lanes shift? Where will product flows change? Will we see maybe more U.S. product going into Southeast Asia, more European product going into the Middle East, because perhaps they can put it on a truck and ship it through Istanbul by rail or by truck all the way there? I don’t know. Josh White: Yeah, I [00:10:00] think that’s a super good point, and it goes into what Diego said, which I don’t think is limited to nonfat, by the way, or milk powders. I think customers need to buy, and are used to getting what they need quite easily, and they’ve run their structural days in inventory down quite a bit to where that’s going to require people to buy from where they can get it quickly. This disruption has served as a bit of a catalyst to something I think was already materializing or happening. And now if you inflate freight rates a little bit more, that’s only gonna make it that [00:10:30] much more pronounced: that you need to buy from who’s close. New Zealand’s having a good back shoulder of their season, too, and I believe that there’s quite a bit of New Zealand product that is on its way or destined to go to the Middle East and North Africa. So when we think about what happens, I think everyone goes back to their closest trade partner. That takes the Oceana product to Asia. It takes the U.S. product, obviously, to Mexico. There’s at least some risk that European product was gonna come to Mexico. This is making that more difficult, I imagine, as [00:11:00] well. And I guess they’re gonna have to problem solve if that demand holds under the scenario we talked about earlier: that Europe’s got a lot of product right now. There’s a lot of milk, and they’re making a lot of everything. And thus far, it’s been okay because exports have been reported to be good. Maybe we’re talking about how this impacts the Americans, but I imagine that the impact might be a little bit more extreme for the Europeans. There’s another impact in there that I think Diego touched on. When you have commitments for product [00:11:30] and that product takes longer to get to you, and you’re running your supply chain thin, you reach out then and buy other product at a higher price, often, to fill your immediate demand. And once everything stabilizes, you actually are structurally oversupplied. We experienced that within recent history. Ted Jacoby III: Oh, absolutely. Josh White: And so that creates that air pocket in demand that will eventually arrive. We just don’t know when. Ted Jacoby III: What I imagine is, those boats that are on the water that were heading to Dammam when all this [00:12:00] started, they’re either parked right now, waiting to see if everything clears up, or they’re getting themselves rescheduled into Jeddah to try and figure out how to get there another way. I would assume the product that hadn’t been loaded onto a ship yet is backing up at the port for a little while. How long do you think it takes? How long do we need to be watching this conflict continue to go on, watching the Strait of Hormuz continue to be closed, how long will it take before do you think they’ll start selling that product elsewhere? Canceling contracts and selling it elsewhere? A [00:12:30] month, two months? Because my gut tells me that’s when you really start seeing the market shift around. Right now, everybody’s just in a waiting period. Right now everybody’s just wondering if this thing’s gonna last a long time or a short time, and they don’t wanna overreact just for everything to clear up in the next week or two, even if the possibility is low. Josh White: Nonfat futures are inverted, so I would imagine, not very long at all, but I don’t think nonfat is the most impacted product here. The curve on the butter futures has really flattened out as well. There’s not a long time window there either if we don’t put [00:13:00] a decent carry back in the market. Ted Jacoby III: So the market is already pricing in the possibility of this going on a long time, but the cash markets haven’t really fallen yet because there’s still hope. Maybe that’s a good way to put it. Josh White: It’s only been a week, one business week. That’s a big conclusion that our team had, earlier today, is that we came in Monday, following the announcement, and we’re like, okay, what happened to dairy? And the reality is everyone’s trying to figure it out and it’s gonna take some time. So I don’t think we’ve seen the reaction or response to the [00:13:30] situation actually materialize yet. Ted Jacoby III: Do you think that the question everybody should be asking is how long is it gonna take for the Strait of Hormuz to open? Joe Maixner: That’s a big caveat in this whole situation, right? Once that opens and trade flows resume, that clears a lot of things up. Regardless, it’s gonna take time to clear up, right? Because you’re gonna have a backlog, but the sooner that reopens, the sooner things pseudo get back to normal. Mike Brown (2): So much energy flows out to that strait to the rest of the world, particularly to Asia that it could affect incomes effect ability to [00:14:00] purchase products as well. It isn’t just bringing things in, it’s how they get the oil out. Question for Diego, Iran certainly makes some SMP. Do you think that has any impact at all? Diego Carvallo: That’s a really good point you’re bringing up, Mike. Iran had for the past five years ramped up their SMP experts significantly, so I believe, if I’m not wrong, in 2025, they exported something like 120,000 metric tons of skim milk powder. It’s obviously not [00:14:30] one of the biggest exporters in the world, but it’s a significant exporter. The most important takeaway is that they would supply those markets that are being affected by these interruptions the most. It’s not only that region has fewer access to European and American and even New Zealand sources, but also one of their main providers has an active block on food exports as of right now. Both things tell me it’s gonna be harder for demand to [00:15:00] get access to the product. If it extends this issue in time, this is definitely gonna kill demand. Ted Jacoby III: Let’s talk this through. The longer this goes on, what are the countries that are really gonna start seeing drops in demand because their revenue is dropping. Obviously Iran, I think you gotta include Iraq, Saudi Arabia, Kuwait, UAE. Joe Maixner: Yep. Ted Jacoby III: I think China, too, because they don’t have the access to energy. And maybe some of the other major importers of Middle East oil. Now, some of it will switch, probably go [00:15:30] outta Jeddah, but I don’t think there’s a lot of oil exports leaving Jeddah. I think it’s all in the Gulf. Joe Maixner: What does it do for European product though, given the fact that this is going to cause a spike in natural gas pricing. This is gonna cause a spike in all energy pricing. When the whole Ukraine situation escalated and Europe lost access to gas, it would cost something like $500 per metric ton just to dry the product because of [00:16:00] the increased cost of gas. That put a lot of pressure onto the skim milk concentrate, and it gave a lot of support to skim milk powder. Diego Carvallo: I think something similar is gonna happen in the coming weeks because we all heard the news about if I’m not wrong, it was Qatar that just shut down the world’s biggest LNG plant. And it takes, I believe it’s 40 days for it to be back online at full operations. It’s not a one or two day interruption. It’s a [00:16:30] substantial interruption in the energy supply at a worldwide level. Ted Jacoby III: The one big difference between when we’ve seen gas prices spike in the past, and this time is in the past, when energy prices spiked, demand in the Middle East would actually go up because they’d have more revenue and more income. They don’t this time around because it’s spiking because they can’t be the exporters and make those sales. I think that’s important to take into account. You’ve got a scenario where if this goes [00:17:00] on long enough, I think there’s some real negative effects on demand that we’ve gotta start coming to terms with, I don’t think that matters if everything opens up within the next two to four weeks. We’ll see if that happens. Mike Brown (2): Generally, this administration has responded to economic pressure. We see what’s happening in the stock market and we see what’s happening with energy costs, they’re gonna be rethinking hard on how long they want this thing to stretch out, regardless of what maybe some of our partners would like it to be. There’s gonna be some strong economic pressure internally. Even the Senate, who voted to support [00:17:30] continuing the fighting in Iran did say, we’re good for now, but we’ll revisit this if we need to. That pressure by the day is gonna keep going up. Ted Jacoby III: I’m a hundred percent in agreement with you, Mike, and that’s why my hunch is you’re not gonna see the strait shutdown for an extended period of time. But we don’t know. We’ll have to wait and see. Hey, thanks guys. That was a great discussion today. It remains to be seen how this plays out. This is something that absolutely bears watching because it clearly is going to have some effect on dairy demand. We will see. [00:18:00]
This week on the podcast, Jackie and Peter review developments in the Iran war, which entered its tenth day at the time of recording on the morning of March 9, 2026. The U.S. reports striking thousands of targets in Iran during the first week of the conflict and damaging or destroying more than 40 Iranian naval vessels. In response, Iran and the Islamic Revolutionary Guard Corps (IRGC) have launched missiles and drones across more than ten countries in the region. Energy infrastructure across the Middle East has also been targeted, including facilities in Saudi Arabia, Qatar, Bahrain, Kuwait, the UAE, and Iran. Some regional producers have shut in oil production due to export disruptions, full storage tanks, and, in some cases, damaged facilities. Tankers continue to avoid the Strait of Hormuz, a chokepoint through which roughly 20% of the world's oil supply and LNG trade normally pass. The U.S. has offered naval escorts and a $20 billion tanker reinsurance program to restore shipping, but tankers are not moving yet. WTI briefly surged to about US$118 per barrel on March 9, before easing, amid reports that the G7 was considering releasing strategic petroleum reserves (SPR) and comments from the US President suggesting that the conflict could be nearing an end. Jackie and Peter also explore potential winners from the crisis, including renewable energy and other alternatives, electric vehicles (EVs), Russia, and possibly Canada, particularly if Canada can expand market access and increase oil and gas production. Content referenced in this podcast:Financial Times: G7 discuss joint release of emergency oil reserves (March 9, 2026) Polymarket: US X Iran cease-fire by…. CBC: Nervous nations calling Canada's energy minister after Iran strikes (March 3, 2026) Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify
Global markets are rightly on edge about the situation in Iran and the disruption of the lifeline of crude oil, LNG and other supplies through the Strait of Hormuz, but the damage to confidence looks restrained relative to what awaits if the oil and gas don't begin to flow this week. This and much more on today's pod, which features Saxo Head of Commodity Strategy Ole Hansen and is hosted by Saxo Global Head of Macro Strategy John J. Hardy. Links discussed on today's podcast and our Chart of the Day can be found on the John J. Hardy substack (within two to four hours from the time of the podcast release). Read daily in-depth market updates from the Saxo Market Call and the Saxo Strategy Team here. Please reach out to us at marketcall@saxobank.com for feedback and questions. Click here to open an account with Saxo. Intro music by AShamaluevMusic DISCLAIMER This content is marketing material. Trading financial instruments carries risks. Always ensure that you understand these risks before trading. This material does not contain investment advice or an encouragement to invest in a particular manner. Historic performance is not a guarantee of future results. The instrument(s) referenced in this content may be issued by a partner, from whom Saxo Bank A/S receives promotional fees, payment or retrocessions. While Saxo may receive compensation from these partnerships, all content is created with the aim of providing clients with valuable information and options.
The late Ayatollah's hardline son, Mojtaba Khamenei, is Iran's new supreme leader. It's a choice which could lead to an escalation with Washington. The Iran war drives oil prices above $100 a barrel. Gas prices soar too, after Qatar stops LNG exports. Republican voters say they stand by Trump's war for now, but they've got a red line: American boots on the ground. And campaigners urge Australia to give the Iranian women's soccer team refuge. Listen to the Morning Bid podcast here. Sign up for the Reuters Econ World newsletter here. Listen to the Reuters Econ World podcast here. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices
In today's episode on 9th March 2026, we tell you why the spike in LNG shipping costs matter for India.Book a FREE call with Ditto
This is our weekly market update where we start in the US, cross to Europe and Asia and end in Australia covering commodities and crypto along the way. As expected, the broadening conflict in the middle east spooked markets as Oil rose with WTI up more than 35% and LNG gas futures up 67%. As … Continue reading "Brace: Markets Caught In A Volatile Trap As War, Jobs And Credit Risks All Hit!"
It's EV News Briefly for Thursday 05 March 2026, everything you need to know in less than 5 minutes if you haven't got time for the full show.Patreon supporters fund this show, get the episodes ad free, as soon as they're ready and are part of the EV News Daily Community. You can be like them by clicking here: https://www.patreon.com/EVNewsDailyMIDDLE EAST CONFLICT LIFTS UK FUEL AND ENERGY COSTSBrent crude surged past $84 per barrel and UK gas prices spiked to a three-year high of £1.44 per therm after Qatar halted LNG exports following Iran's threat to attack tankers in the Strait of Hormuz, with the RAC warning UK forecourt prices will feel the full impact within a week. Home EV charging costs are shielded for now by the energy price cap — fixed at 24.67p per kWh for electricity until end of June — but wholesale price rises could push the cap higher from July, making both home wallbox and public charging more expensive.EUROPEAN FLEETS COULD SAVE €246BN BY 2030A new EY and Eurelectric report finds that fully electrifying Europe's corporate fleets could deliver up to €246 billion in cumulative savings and cut one billion tonnes of CO2 by 2030. However, the authors warn that cheaper running costs alone will not drive mass uptake, calling for coordinated action from manufacturers, policymakers, grid operators and finance providers to tackle high upfront costs, uncertain residual values, and charging infrastructure delays.CUPRA BORN FACELIFT BRINGS SHARP NOSE, SMALL TWEAKSCupra has facelifted the Born with a "shark nose" front end, triangular matrix LED headlights, a continuous rear light strip, and new 235 mm tyres across all five wheel options, while the aerodynamically improved 79 kWh variants now claim around 600 km (373 miles) of WLTP range. A new entry "Born Plus" trim pairs a 58 kWh battery with a 140 kW motor — figures that match Ford's Capri LFP option and strongly suggest a switch to LFP cells from the updated MEB+ platform — though Cupra has not confirmed drivetrain details and appears to be saving that announcement for a related reveal, likely the VW ID.3 facelift later in 2026.FORD EV SALES SINK 71% AFTER LIGHTNING EXITFord's US EV sales collapsed 71% in February 2026 to just 2,122 units, the steepest monthly drop in its EV history, driven by the discontinuation of the F-150 Lightning and the expiry of the federal EV tax credit. Ford's Model e division lost $4.8 billion in 2025 and is forecast to lose another $4–5 billion in 2026, with profitability not expected until 2029; the company has already booked a $19.5 billion writedown and is pivoting to a new ~$30,000 midsize electric pickup it hopes will revive the business by 2027.LUCID PATCHES GRAVITY SOFTWARE AGAINLucid Motors has pushed software update 3.4.4 to the Gravity SUV, targeting AC charging improvements and Drive Assist availability, following a January update that resolved around 95% of earlier software issues — with the car averaging a new update every 24 days since launch. Lucid has closed its online configurator for both the Air and Gravity while it prepares its 2027 model year announcement, and Air owners face a $950 hardware upgrade bill to access the newer UX 3.0 platform already running in the Gravity, due to arrive by autumn 2026.MITSUBISHI READIES LEAF-BASED EV FOR CANADAMitsubishi is preparing its first all-new model since the Eclipse Cross for Canadian dealerships in 2026, built on Nissan's CMF-EV platform and LEAF architecture, with spy shots showing a heavily camouflaged prototype that shares the LEAF's roofline, proportions, and rear hatch panel. Both models will be built side by side at Nissan's Kaminokawa plant in Japan, and Mitsubishi may receive the smaller battery pack to undercut the LEAF on entry price — a strategy that would see Nissan supply the foundations while a cheaper sibling competes for the same buyers.ALPITRONIC UNVEILS HYC400 SERIES 2 CHARGERAlpitronic has launched the HYC400 Series 2, retaining the 400 kW maximum output of its predecessor while upgrading to a 22-inch touchscreen (up from 15.6 inches), second-generation silicon carbide power stacks, and a higher continuous output current of 600 A (up from 500 A). The unit maintains 97.5% charging efficiency but standby power consumption rises significantly from 43 W to under 100 W, and cable options narrow to a single 5-metre length; Alpitronic will sell both generations simultaneously to suit different site requirements.APTERA SHOWS FIRST VALIDATION-LINE VEHICLE PHOTOAptera Motors has published the first photo of a vehicle off its validation assembly line, marking a milestone for its three-wheeled, solar-assisted EV that claims 400 miles of range from a 44 kWh battery and up to 40 miles of daily solar charging, classified as a motorcycle to bypass certain safety regulations. The launch edition price has risen to $40,000 — a $9,300 increase from prior estimates — though a $28,000 model is planned for the future, and with nearly 50,000 pre-orders and a stated daily capacity of 80–100 vehicles, Aptera claims it could fulfil all orders within 500 days of full production, though the end-of-year delivery timeline remains uncertain.GEELY TARGETS DEFENDER WITH GALAXY BATTLESHIPGeely plans to launch the Galaxy Battleship in the UK in 2028, a blocky hybrid 4x4 aimed squarely at the Land Rover Defender and Toyota Land Cruiser, with a production design expected to stay 90–95% true to the Galaxy Cruiser concept shown at the 2025 Shanghai Motor Show. Built on the GEA Evo platform with steer- and brake-by-wire, it may use an AI-driven plug-in hybrid system with a stated output of around 858 bhp, and Geely is promising an interior that surpasses the Defender's for luxury — a bold claim for the Chinese brand's first foray into the 4x4 segment.EU UNVEILS LOCAL-CONTENT RULES FOR CLEAN TECHThe European Commission has unveiled the Industrial Accelerator Act (IAA), tying over €2 trillion in public procurement and subsidies to low-carbon and "Made-in-EU" conditions across sectors including EVs, steel, cement, and wind turbines, with the goal of raising manufacturing's share of EU economic output from 14% to 20% by 2035. China is excluded from the initial trusted-partner list — which includes the UK, Canada, and the US — and foreign investments above €100 million from countries controlling 40%+ of global production would face strict conditions including capped 49% foreign ownership and mandatory technology transfer; BMW and Mercedes oppose the Act over fears of higher costs, while Renault backs it and the text must still clear the European Parliament before becoming law.
Energy Vista: A Podcast on Energy Issues, Professional and Personal Trajectories
“Location, location, location” doesn't just apply to residential and commercial real estate. It also holds true for natural gas storage, which is in high-and-rising demand along the Texas/Louisiana border, where a slew of new LNG export capacity is coming online — new gas-fired power plants, too.
Nathan O'Mahony, a Cork man in his 20s, is currently on board one of around 3,200 ships stuck in the Persian Gulf. He's stationed off the coast of Ras Laffan, Qatar, on a vessel carrying 100,000 cubic meters of LNG. The ship was ordered to anchor and remain in place last Friday by the Iranian army, and tensions remain high after two tankers in the area were reportedly shot at.Nathan says he and his 38 crewmates are doing their best to keep spirits high while they wait for further instructions.
US equity futures lower with S&P slightly down. Bonds weaker with US Treasury yields up 3bps. Benchmark Gilt yield is flat in choppy trade. Dollar is firmer. Crude is firmer again. Gold up. Industrial metals mixed. Bitcoin gains. Markets remain focused on energy disruption headlines with articles discussing stag-flationary risks for global economy. Latest Middle East reports highlighted Iranian outreach for talks (later denied), while shifting war aims or timelines remain a source of uncertainty. Iranian attacks on Middle East energy facilities and Hormuz traffic slowdown continue to fan energy supply concerns with Reuters noting Qatar won't return to normal LNG production for at least a month.Companies Mentioned: Senior PLC, TPG Inc, Morgan Stanley
Donate (no account necessary) | Subscribe (account required) Join Bryan Dean Wright, former CIA Operations Officer, as he dives into today's top stories shaping America and the world. In this Special Brief of The Wright Report, Bryan delivers the latest on the widening war with Iran and the global economic and military consequences now unfolding across the Middle East and beyond. Bryan begins with the tragic confirmation that six U.S. service members were killed by an Iranian drone strike at a U.S. base in Kuwait, while Tehran continues launching missile and drone attacks across the region targeting Oman, the UAE, Qatar, Saudi Arabia, and Iraq. The conflict is now rattling global markets as LNG shipments halt, oil hubs burn, and the battle over the Strait of Hormuz threatens energy supplies for Asia and Europe. The episode then moves inside Iran, where U.S. and Israeli forces have struck thousands of targets including a secret nuclear facility outside Tehran uncovered through surveillance and intelligence cooperation between the CIA and Mossad. Iran's air defenses, missile systems, and much of its navy have been destroyed, giving allied forces near-total control of the skies as the war grinds forward. Bryan also covers the expanding regional front as Israeli forces move into Lebanon to confront Hezbollah, while global powers reposition around the conflict. Russia benefits from rising oil prices, China quietly sits on large oil reserves while watching Taiwan, and Europe scrambles to protect its energy supplies as the war reshapes global alliances. Finally, Bryan explains the political battle now unfolding in Washington, where lawmakers are debating presidential war powers, the legality of the Iran operation, and whether the true objective of the conflict is limited strikes or full regime change in Tehran. "And you shall know the truth, and the truth shall make you free." - John 8:32 Keywords: March 4 2026 Wright Report, Iran war escalation Kuwait drone strike US casualties, Strait of Hormuz oil crisis LNG disruption, CIA Mossad intelligence Iran nuclear facility strike, Hezbollah Lebanon Israel conflict expansion, Russia oil profits Ukraine missile shortage, China oil reserves Taiwan surveillance reduction, Trump war powers debate Iran conflict, global recession risk energy shock
We get into some esoteric speculation on technology, Off world US Navy Ships, Micro Stealth Satellites, Vimana's, Canada..... Wab Kinew's previous career as a rapper, some emails about our recent episode about the trucking disaster in Canada, the LNG shipping fiasco, Gary McKinnon and the Secret Space Program, Portals in the USA, Canadian news according to Douglas Murray, cabbage patch kids plucked out, and Canada MAID for poor. What happens if you happen to find ancient artifacts in your yard in Canada, Hollywood knock offs, Disney psychology, black coffee theory, clip on Margaret Sanger, device tampering by spies, and the chinese lecturer predicts Iran outcome due to water. Trust the plan side of things, Election fraud bubbling to the surface, and Carlin on saving the planet. Did Epstein freeze fusion, and what did Hillary say about Gilgamesh. To gain access to the second half of show and our Plus feed for audio and podcast please clink the link http://www.grimericaoutlawed.ca/support. For second half of video (when applicable and audio) go to our Substack and Subscribe. https://grimericaoutlawed.substack.com/ or to our Locals https://grimericaoutlawed.locals.com/ or Rokfin www.Rokfin.com/Grimerica Patreon https://www.patreon.com/grimericaoutlawed Support the show directly: https://open.spotify.com/show/2punSyd9Cw76ZtvHxMKenI?si=ImKxfMHgQZ-oshl499O4dQ&nd=1&dlsi=4c25fa9c78674de3 Watch or Listen on Spotify https://grimericacbd.com/ CBD / THC Tinctures and Gummies https://grimerica.ca/support-2/ Our Adultbrain Audiobook Podcast and Website: www.adultbrain.ca Our Audiobook Youtube Channel: https://www.youtube.com/@adultbrainaudiobookpublishing/videos Check out our next trip/conference/meetup - Contact at the Cabin www.contactatthecabin.com Other affiliated shows: www.grimerica.ca The OG Grimerica Show Join the chat / hangout with a bunch of fellow Grimericans Https://t.me.grimerica grimerica.ca/chats Discord Chats Darren's book www.acanadianshame.ca Eh-List Podcast and site: https://eh-list.ca/ Eh-List YouTube: https://www.youtube.com/@TheEh-List www.Rokfin.com/Grimerica Our channel on free speech Rokfin Leave a review on iTunes and/or Stitcher: https://itunes.apple.com/ca/podcast/grimerica-outlawed http://www.stitcher.com/podcast/grimerica-outlawed Sign up for our newsletter http://www.grimerica.ca/news SPAM Graham = and send him your synchronicities, feedback, strange experiences and psychedelic trip reports!! graham@grimerica.com InstaGRAM https://www.instagram.com/the_grimerica_show_podcast/ Purchase swag, with partial proceeds donated to the show www.grimerica.ca/swag Send us a postcard or letter http://www.grimerica.ca/contact/ ART - Napolean Duheme's site http://www.lostbreadcomic.com/ MUSIC Tru Northperception, Felix's Site sirfelix.bandcamp.com Links to the stuff we chatted about: https://x.com/blondebigot11/status/2028842372524581198?s=43 https://x.com/maniaufo/status/2028407952751853698?s=43 https://x.com/redpandakoala/status/2028455023756419585?s=4 https://x.com/holden_culotta/status/2028520012890214643?s=43 https://x.com/maniaufo/status/2028374869021278261?s=43 https://x.com/benwehrman/status/2027995671568285955?s=43 https://x.com/visionaryvoid/status/2027383971139756251?s=43 https://x.com/karldharrison/status/2028197264515313800?s=43 https://x.com/wrong_speak/status/2028464018214514761?s=43 https://x.com/men_of_purpose/status/2028553428746772694?s=43 https://x.com/iluminatibot/status/2028517389554577568?s=43 https://x.com/search?q=Iran&src=trend_click&vertical=trends https://x.com/cirnosad/status/2028740886717501674?s=43 https://x.com/vigilantfox/status/2027442648886202789?s=43 https://x.com/cigsmake/status/2028908516522750173?s=43 https://x.com/cigsmake/status/2028908516522750173?s=43 https://x.com/RedPandaKoala/status/2028589365077921843?s=20 https://x.com/AshtonForbes/status/2028709537587351610?s=20 https://x.com/AshtonForbes/status/2028885265259892789?s=20 https://x.com/JeffWeniger/status/2028555327621239208?s=20 https://x.com/ShadowofEzra/status/2028586819365818631?s=20 https://x.com/chrisbrunet/status/2028077800041885711?s=20 https://x.com/Tablesalt13/status/2028112695736553675?s=20 https://x.com/SunTzusWar/status/2028114488679919871?s=20 https://x.com/The_Astral_/status/2028123298068853135?s=20 https://x.com/WarClandestine/status/2027871579070235120?s=20 https://x.com/ThoughtCrimes80/status/2027566854760173643?s=20 https://x.com/Juliedonuts/status/2027529585210900965?s=20 https://x.com/WarClandestine/status/2027528963640185127?s=20 https://x.com/MarcNixon24/status/2027470520514388138?s=20 https://x.com/Tablesalt13/status/2026847958344307020?s=20 https://x.com/libertybirb/status/2025387134794993958?s=20
Donate (no account necessary) | Subscribe (account required) Join Bryan Dean Wright, former CIA Operations Officer, as he dives into today's top stories shaping America and the world. In this episode of The Wright Report, Bryan delivers the latest from the expanding war with Iran, as six U.S. service members are confirmed dead and Tehran escalates missile and drone attacks across the Gulf, including strikes near Qatar's LNG facilities that sent global energy markets surging. Bryan breaks down the battle for the Strait of Hormuz, the growing coalition forming against Iran, Hezbollah's renewed attacks from Lebanon, and the stark math problem facing the Pentagon as cheap Iranian drones collide with expensive American interceptors. He also addresses conflicting messages from the White House about whether this war is about nuclear containment or full regime change, offering candid analysis on what may have shifted behind the scenes. The episode then turns to China's quiet oil dilemma as Beijing urges Tehran to stand down while sitting on roughly 100 days of reserves, and finally to the U.S. homeland, where military bases heighten security amid rising Islamist rhetoric in cities like Dearborn and Manassas. Bryan closes with a sober warning about radicalization, domestic security, and the long-term consequences of a widening Middle East war. "And you shall know the truth, and the truth shall make you free." - John 8:32 Keywords: March 3 2026 Wright Report, Iran war escalation US casualties Kuwait, Strait of Hormuz oil crisis LNG Qatar strike, Hezbollah Lebanon front Israel, cheap drones missile interceptor cost imbalance, Trump regime change Iran debate, CIA intel Ayatollah strike decision, China oil reserves Iran Venezuela supply, US military base force protection measures, Dearborn Manassas mosque extremism debate, homeland security Islamist threat
On Tuesday, March 3, Brian Szytel reports a volatile session where the Dow opened down about 850 points, fell as much as 1,200, and recovered to close down about 400, with the S&P 500 and Nasdaq down about 1% and moving more in unison; the 10-year yield rose only 1 bp after being up over 6 bps earlier. Markets reacted to fears around a near-closure of the Strait of Hormuz, which briefly lifted oil over 9% before closing up 2.8%, and to U.S. assurances of tanker insurance/protection that eased inflation expectations; TIPS breakevens jumped about 20 bps. He notes LNG is cut off to most Middle East countries and export transportation is down 20%, with U.S. gas about 40% cheaper than Europe/Asia. He previews key week data (ADP, PMI/ISM services, Beige Book, claims, productivity, and the employment report) and answers an AI question: U.S. power upgrades are “when, not if” despite regulatory delays and natural-gas advantages, while China faces chip export controls; U.S.–China AI partnership is unlikely due to national security concerns. 00:00 Market Selloff Recap 00:36 Strait Tensions and Oil Spike 02:03 Energy Supply Disruptions 02:27 War Headlines and Market Context 03:16 Inflation Breakevens and TIPS 03:32 Staying Calm in Volatility 04:12 Week Ahead Economic Data 04:52 Ask TBG AI and Energy 05:24 US Power Buildout Outlook 06:33 China Chips and DeepSeek Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com
【主なニュース】▽トランプ大統領 大規模攻撃を示唆 米政府職員の退避を勧告 ▽高市首相 イラン情勢 LNG価格の動向注視 日米首脳会談で議論を ▽株価 一時1900円超値下がり イラン情勢受け原油価格上昇に懸念 など
【主なニュース】▼トランプ大統領 対イラン“大きい波 まもなく来る” ▼高市首相 イラン情勢 LNG価格の動向注視 安定供給対応に努める ▼株価 一時1000円超値下がり イラン情勢受け原油価格上昇に懸念 など
Natural gas prices spike in Europe after Qatar closes its LNG base. Meanwhile the Strait of Hormuz closure sends crude oil higher and its importance in the shipment of fertiliser ingredients could have major effects on global crop production this year, the boss of Yara says
Today's Post - https://bahnsen.co/3NdZ2Sm In a Monday Dividend Cafe recorded before the market close, David Bahnsen discusses the market and energy implications of weekend U.S. military actions involving Iran, emphasizing the show is not for strategic or editorial war analysis. He notes futures opened down about 500 points but equities recovered to roughly flat, while oil rose about 6–9% to around $70 and U.S. LNG-related names moved on the prospect of greater export demand if Middle Eastern supply is disrupted. He highlights the absence of a traditional “flight to safety,” with Treasury yields higher across the curve (10-year up about 9 bps, 2-year up about 11 bps) and defensives lagging while energy and technology led. Bahnsen argues outcomes hinge on conflict duration, but elevated valuations and broader uncertainties (AI, private credit, tariffs, courts) raise risk and volatility. 00:00 Monday Market Setup 00:51 What This Show Covers 02:21 Futures Drop Then Recover 03:26 Oil Moves And LNG Angle 04:50 Conflict Duration Scenarios 06:47 Why Markets Stay Calm 08:16 Bonds And Sector Signals 10:09 Valuations And Uncertainty 11:59 Closing Thoughts And Prayer Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com
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