Fuel Oil Becomes Asia’s Next Cost Shock
Singapore’s shipping-fuel market is adding another layer of cost to Asian trade. Disrupted supplies from the Middle East and Russia, resilient bunker demand and prohibitive freight rates have…
Record Tanker Rates Cripple U.S. Crude Oil Flows to Asia
The Iran war has made oil tanker voyages so inefficient that vessel availability has crumbled and freight costs have soared to record-highs, all but erasing the incentive for…
The American Pulse: Navigating Economic Anxiety and Political Divide
As the United States moves further into an era of rapid technological change and persistent financial volatility, a new look at public sentiment reveals a nation deeply conflicted…
Bush dynasty delivers another blow to GOP in Texas Senate battle as family member breaks ranks
Another member of the Bush family dynasty, Neil Bush, is throwing his weight behind Texas Democratic Senate hopeful James Talarico, saying he voted against a political style he…
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Ex-FBI officials arrested in Hunter Biden laptop probe as testimony comes under scrutiny
The Department of Justice charged two former FBI officials with lying to Congress about their involvement in FBI investigations into Hunter Biden,…
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Energy
Rising Crude Oil Imports Reduce China’s Need to Draw from Stocks
China has relied on its huge crude oil inventories since the Iran war hiked oil prices to above $100 per barrel. The…
EU’s Arctic Strategy Excludes Oil and Gas
The European Union will shun crude oil and natural gas produced from fields in the Arctic, recommending that these “stay in the…
Big Oil Eyes Record Profits but Keeps Spending in Check
Oil supermajors have been raking it in since the war in the Middle East began. They are now set to report another…
U.S. Energy Red Tape Gives China an Edge
Congress needs to pass the bipartisan bill on permitting reform to accelerate energy infrastructure buildout so that the United States can compete…
Petrobras’ Deepwater Push Sets Off a Race for Offshore Vessels
Recently, we reported that the Middle East conflict and subsequent closure of the Strait of Hormuz has triggered an unprecedented spike in…
Europe’s Power Demand Returns to Growth
Despite weakening industrial activity and high energy costs, European electricity demand is bucking years of flailing power consumption. Rising electrification rates and…
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Trump’s MAGA faithful send warning to Republicans ahead of high-stakes midterm elections
SIOUX CITY, Iowa — President Donald Trump’s loyal base of supporters still have his and Republicans’ back in Iowa, but some are…
Trump sidelines sweeping Russia sanctions as GOP allies warn pressure on Putin is slipping
President Donald Trump is holding back on sweeping new economic penalties Congress handed him to squeeze Russia. He is betting that keeping…
Fifty Antifa groups in France join vast network to ensure chaos in weekend protests
FIRST ON FOX: Some 50 radical Antifa cells in a wider network of nearly 300 groups are mobilizing to ensure this weekend’s…
A Tribute to Mark C. Schug’s Career in Economic Education
On July 13, the field of economic education lost one of its leading educators, Dr. Mark C. Schug. I had the privilege…
Leavitt opens up on helping Trump find new press secretary after Zacharia debacle: ‘Was not for her’
MANCHESTER, N.H. – Former White House press secretary Karoline Leavitt says she is helping President Donald Trump choose his next press secretary…
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