Economy
The IEA Released 400 Million Barrels. Gulf Producers Cut 6.7 Million Per Day. The Math Doesn’t Work.
Saudi Arabia, Iraq, the UAE, and Kuwait have cut combined oil output by 6.7 million barrels per day as Hormuz storage fills and tankers stop moving. The IEA released 400 million barrels on Wednesday. The net position is still deeply negative.
Economy
US CPI Holds at 2.4% in February as Oil Shock Rewrites the Inflation Outlook
US CPI held at 2.4% in February 2026, in line with forecasts. But the clean data precedes an oil shock from the Iran war that analysts warn will reshape the March and April readings and the Fed's rate path.
Economy
Japan’s GDP Just Crushed Every Forecast. The Yen Is Still Getting Destroyed.
Japan's Q4 GDP was revised to 1.3% annualized from 0.2%. Business investment hit a one-year high. Wages beat forecasts. The yen fell anyway. Energy explains why.
Economy
Germany Is Borrowing €174 Billion in a Single Year. The Factories Just Started Responding.
Germany is borrowing €174 billion in 2026. A €500 billion infrastructure fund and a €83 billion defence budget are rewriting Europe's largest economy from scratch.
Economy
Trump Gathered 12 Latin American Leaders in Miami. The Two Biggest Economies Did Not Show Up.
Trump convened 12 Latin American leaders in Miami. Brazil and Mexico stayed home. China's $518B regional trade explains why the absence list matters most.
Economy
Russia Is Feeding Iran Intelligence on American Troop Positions. The War Just Got a Third Player.
Russia is sharing satellite intelligence with Iran on US troop positions. Six Americans are dead. Moscow profits from every barrel Iran can't sell.
Economy
$130 Billion in Illegal Tariffs Must Be Refunded. A Federal Judge Just Said So.
A federal judge ordered the US to refund $130B+ in illegal IEEPA tariffs. 300,000 businesses are waiting. CBP reports to the court today. The clock is ticking.
Economy
A Russian Gas Tanker Just Sank in the Mediterranean. Europe’s Last Backup Plan Went Down With It.
A Russian LNG tanker sank in the Mediterranean. Qatar's gas is offline. Putin is threatening to cut the rest. Europe's gas supply is under triple squeeze.
