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42d06/03war-conflict · 3/5

Oil Prices Climb as U.S. Strikes Tanker and Downs Iranian Drones

Oil prices rose in early Asian trade on Wednesday after yet another escalation in the Middle East, with Iran firing missiles at Kuwait and Bahrain, and the U.S. firing on and disabling an oil tanker heading toward Iran. At the time of writing, Brent front-month futures had climbed 1.09% to trade at $97.05 per barrel, while West Texas Intermediate had risen 1.19% to $94.88 per barrel. Both benchmarks are trading near one-week highs after posting strong gains in the previous session. According to

unclassifiedmiddle-east · russia · usa
42d06/03

Where is the Uber of the AI era?

We keep talking about what roles will be replaced with AI and where gains will be made etc. but I’m kinda surprised by the fact I’ve not yet seen any major markets or industries totally revamped due to AI similar to the way Uber revamped the taxi model. Ride sharing all but replaced taxi services due to mobile apps, gps tracking and P2P matching. Surely the efficiencies inherent with AI means certain services or industries will be totally revamped as an AI powered disruptor arrives. Where has it

Socialunclassifiedsocial-signal
42d06/03war-conflict · 1/5

Found out a trader made $1M betting on US military strikes before they happened and its completely legal

I saw this on the house.gov website earlier, and I thought it was wild. Basically, there's documented evidence of a single trader who made nearly a million dollars betting on US military strikes against Iran. 93% success rate. He was placing bets hours before each attack happened. October 2024, June 2025, February 2026. Congress is now investigating, and subpoenas are being discussed. On top of that 38 separate accounts made over 2 million dollars on one strike alone after loading their accounts

Socialunclassifiedusa · iran
42d06/03

Japanese MP’s claim China eyes Antarctic ‘treasure trove’ dismissed

A Japanese lawmaker’s claim that China has its eyes on “a treasure trove” of resource wealth hidden beneath the Antarctic ice sheet has been dismissed by a polar law expert as a misreading of international obligations. But the claims made in parliament by Mitsuhiro Yokota, a member of the Japan Innovation Party, have also raised questions about what might happen to the world’s last great wilderness in future. “Beneath Antarctica lies a treasure trove of oil, natural gas, coal, iron ore, gold and

unclassifiedchina · asia · japan
42d06/03war-conflict · 3/5

How Long Can Demand Destruction Keep a Lid on Oil Prices?

In a somewhat puzzling market development, oil prices haven't spiked yet to record highs amid the worst supply disruption in history. That's because the market still hopes for a quick resolution to the Strait of Hormuz crisis (for more than three months now), global inventories have offered a supply buffer, the world's top crude importer, China, is staying away from spot purchases, and last but not least, demand destruction is accelerating amid the high prices. Beyond the near-term supply chaos

unclassifiedmiddle-east · russia · usa
42d06/02

US government appeals against judge’s order for Trump tariff refunds

The Trump administration on Tuesday formally appealed against a judge’s order for refunds of the US president’s global tariffs after they were struck down by the Supreme Court earlier this year. At stake is some US$166 billion in revenue. A refunds system handled by US Customs and Border Protection (CBP) has already begun to process repayments. Last month, the CBP said in a court filing that it was on track to process about US$85 billion in repayments, with US$20.6 billion approved for...

unclassifiedchina · asia · usa
42d06/02war-conflict · 3/5

How China’s ‘Excalibur of the East’ souvenir swords sparked airport security warning

During mainland China’s recent May Day holiday, a 2,500-year-old sword went viral on Chinese social media – but not for the reason you might think. Lasting from May 1 to 5, the May Day holiday – also known as “Golden Week” – sees large numbers of domestic tourists flocking to popular travel destinations across China, including the Hubei Provincial Museum, which houses the famous Sword of Goujian. Many of them end up buying a replica of the sword in the souvenir shop. As a result, the main...

unclassifiedchina · asia · usa
42d06/02war-conflict · 3/5

India’s Oman Bet Looks Timely As Hormuz Crisis Deepens

Late last year, when India and Oman officially signed the Comprehensive Economic Partnership Agreement (CEPA), there was no war with Iran cutting off the Strait of Hormuz, and the advanced timing of this now is turning out to be more fortuitous than initially expected. The agreement came into effect on June 1st, just in time to give India access to Oman’s trade routes as an alternative to Hormuz. The pact, ratified by the Omani Sultan in February this year, will see Oman eliminate customs duties

unclassifiedmiddle-east · russia · usa
42d06/02war-conflict · 3/5

China Draws Down Billion-Barrel Stockpile as Iran War Cuts Imports in Half

The Iran War and the oil and gas market disruption it has caused have prompted a massive drop in Chinese crude oil imports. These were estimated at a little over 6 million barrels daily last month, down from almost 11.40 million barrels daily in February. The twist: China is the country that can afford such a slump, thanks to its inventories. May imports stood at a daily average of 6.36 million barrels, Kpler data cited by Reuters’ Clyde Russell showed this week. This was down from 8.10 million

unclassifiedmiddle-east · russia · usa
42d06/02

Milestone: 10k in ETF reached

Hi guys! This message goes out to everyone who hasn't inherited anything and who doesn't have rich parents! GO ON AND STAY TUNED! I started investing in 2021 after completing my studies, but with around 300 euros per month because I still lived like a student and 3.8 net. Then suddenly life got in the way and a lot happened. For some time now I have been earning significantly less and investing around 55 euros in the ETFs. Largest position is MSCI World, but I have several ETFs

Socialunclassifiedgermany · europe
42d06/02

Russia’s China Energy Lifeline Is Becoming a Noose

The recent summit meeting between Chinese President Xi Jinping and his Russian counterpart Vladimir Putin ending on 20 May raised more questions than answers for many observers, probably including Putin himself. There was the standard announcement of several deals signed to boost cooperation in matters of the economy, trade, education, science, and technology. And there was the release of the usual document denouncing the current global hegemony associated with the U.S.-led Western alliance (47

unclassifiedmiddle-east · russia · usa
42d06/02war-conflict · 3/5

US Crude Oil Inventories Continue Downward Plunge But Gasoline Surprises

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 6.75 million barrels in the week ending May 29. In the week prior, US crude oil inventories fell by 2.8 million barrels. Analysts had expected a 3.6 million draw. Despite the sharp dropoff of the last several weeks, US crude inventories have risen by 16 million barrels so far this year, according to API data. Inventories in the US Strategic Petroleum Reserve (SPR) continue to draw down in an

unclassifiedmiddle-east · russia · usa
42d06/02war-conflict · 3/5

Why India’s LNG Buying Surges Despite Costly Gas

India’s LNG imports are rising amid one of the most expensive Asian gas markets in years, defying the regional pattern of demand destruction that has pushed other buyers toward coal, nuclear and energy conservation. After Qatar shut down natural gas production on March 2 and the Strait of Hormuz closed almost simultaneously, Asia lost roughly 5.5 million-6 million tonnes of LNG supply a month, equivalent to almost a quarter of regional pre-crisis export flows. Asian LNG imports fell to 18.8 mill

unclassifiedmiddle-east · russia · usa
42d06/02shipping-routes · 2/5

What Hormuz Is Teaching Traders About Utilities

Oil traders have spent months obsessing over tanker movements, shipping insurance costs and the fate of crude cargoes attempting to navigate the Strait of Hormuz. But now, some of that attention will be shifting to a longer-term play: a potential restructuring of American utilities themselves. Instead, Hormuz is exposing how vulnerable electricity markets remain to fuel price shocks, even after years of investment in renewable energy. While crude oil prices have dominated headlines, the effects

unclassifiedmiddle-east · russia · usa
42d06/02

Commodity Markets Are Living on Borrowed Time

Commodity markets have spent the past three months performing an extraordinary balancing act. Despite one of the most significant disruptions to global energy flows in decades, the global economy has continued to function remarkably smoothly. After an initial spike, prices for several key commodities have stabilised or even eased. Yet this apparent calm is deceptive. The reason the system has held together is due to governments, producers and consumers drawing down the buffers that normally prot

unclassifiedmiddle-east · russia · usa
42d06/02

New Shareholder Elliott Pushes for Sale of Australia’s Top Gold Miner

Hedge fund Elliott Investment Management, which has built up a stake in Australia’s biggest gold miner, Northern Star Resources Ltd, is calling for a strategic review of the future value creation, including a sale of the company. Elliott, which discloses that it now holds an investment of well over AUS$1 billion (US$718 million) in Northern Star, has published a presentation titled “Northern Star Rising”, outlining the opportunity for the company to realize the full potential of its world-class

unclassifiedmiddle-east · russia · usa
42d06/02

Newbie question about taxes

I am completely new to the depot business. I have had 0 financial education and have no competent contacts in my life. But I have now taken courage and invested part of my daily savings in ETFs. I was lucky enough to do this in April 2025. Since then, the value of the portfolio has increased quite a bit, to say the least. And now I'm sitting here and I really have zero idea about taxes. Are these capital gains already taxed? Do I have to put them in the

Socialunclassifiedgermany · europe
42d06/02war-conflict · 2/5

Gold Seesaws on Ceasefire Headlines as NFP, Rate Hike Fears Loom

Gold steadied and clawed back earlier losses Monday, trading up 1.08% to $4,525.34 per ounce as diplomatic signals out of the Middle East offered tentative relief, even as the broader picture remained anything but settled. Spot silver also gained, rising 1.59% to $76.17/oz, tracking gold's modest recovery. The session's tone was set by competing headlines from Washington and Tehran. President Donald Trump took to Truth Social to claim progress on Lebanon, saying both Israel and Hezbollah had agr

unclassifiedmiddle-east · russia · usa
42d06/02

C$10M financing for a BC copper junior

i’m putting together a small copper watchlist and trying to keep it pretty simple. one thing i noticed is that Kodiak Copper raised C$10M for its 2026 work at the MPD copper-gold project in BC. The financing was led by Paradigm Capital and is expected to support Gate Zone expansion and new target testing. That does not automatically say anything about the whole sector, but it does show there is still funding available for some BC copper-gold exploration stories. A few names i’m tracking in diffe

Socialunclassifiedusa
42d06/02war-conflict · 1/5

Helping my mom with portfolio

I'm very aggressive with my portfolio. Honestly, it's worked out very well for me and I'm not looking for any incentive to change. My mom asked me for help setting up her portfolio. Her situation is as follows: She has a total of 4 million dollars + the value of her home is around 700,000 + she has 40,000 in cash just sitting in a Bank of America account doing nothing. The majority of it is managed by Edward Jones in a 60/40 split. She took 100k because she doesn't want everything concentrated i

Socialunclassifiedusa
42d06/02

The federal government just gave quantum stocks one of the strongest tailwinds I’ve seen

Quantum computing just got a serious policy tailwind. The U.S. government is putting around $2B behind quantum and semiconductor companies through Commerce Department letters of intent, and the government is expected to take minority equity stakes in some supported companies. That list includes names like IBM, GlobalFoundries, Rigetti, D-Wave, PsiQuantum, Quantinuum, Infleqtion and Atom Computing. To me, this changes the sector. Quantum is not just a speculative tech theme anymore. It is now tie

Socialunclassifiedusa · china · russia
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