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.
Crypto
Banks Are Blocking the Biggest Crypto Bill in US History. Trump Just Called Them Out by Name.
The CLARITY Act passed the House 294-134. Banks are blocking it over stablecoin yield. Trump called them out. March markup is the last window before midterms.
Stocks
Oil at $80, Hormuz Shut, and the Only Currency That Doesn’t Care Is the One That Started It.
The US launched the strikes. The dollar is the biggest winner. EUR/USD pierced 1.16, USD/JPY hit 158, and the SNB is talking negative rates. The 2022 playbook.
Economy
The Supreme Court Gave Congress Back the Power to Tax Imports. Nobody in Washington Is Ready for What Happens Next.
Section 122 tariffs expire July 24. Congress won't extend them. Section 301 takes months. The US faces a trade policy vacuum — in the middle of a war.
Americas
Qatar Just Took a Fifth of the World’s LNG Offline. America Can’t Fill the Gap.
Iranian drones shut down Ras Laffan, the world's largest LNG export complex. European gas futures surged 54%. US terminals are maxed out with no spare capacity.
Economy
Europe Cut Off Russian Gas Just in Time for the Strait of Hormuz to Close
Europe banned Russian gas weeks before Hormuz closed and Qatar halted LNG. Storage at multi-year lows, prices surging, and no fallback in sight.
Crypto
Bitcoin Bounced to $69K, ETFs Snapped Their Losing Streak, and Iran’s Crypto Lifeline Lit Up All at Once
Bitcoin rebounds to $69,000 on a short squeeze as spot ETFs snap their losing streak with $458 million in inflows and Iranian crypto outflows spike 700 percent.
Americas
Gold Touched $5,400 Before the Fed Trade Killed the Morning
Gold tests $5,400 as Iran war drives haven demand before gains fade on Fed rate hike fears, with central banks holding 863 tonnes bought in 2025 and ETF inflows at a record $89 billion.
