Geopolitics
Tankers Burn in Hormuz — So Why Did Oil Fall 9%?
Tankers are burning in the Strait of Hormuz — yet oil fell 9%. Iran claims five tankers hit mines, but UKMTO has only confirmed two incidents.
235 Seats and "Mr. Veto": Washington Split
The House count has moved: 235 seats called for the Democrats (per AP), the Senate at 54–44, with Alaska and Mississippi still counting. President Trump congratulated the Democrats but warned he will veto bills he opposes — even dubbing himself "Mr. Veto".
One burning ship — why did the oil price shake?
One burning ship near the Strait of Hormuz was enough to shake the oil price. The reason is geography: a narrow waterway carries a large share of the world's energy — and markets price the risk instantly.
HORMUZ: WHY ONE STRAIT MAKES THE WHOLE WORLD HOLD ITS BREATH?
More than 20 million barrels of oil pass through the Strait of Hormuz every day — and a single unverified claim was enough to push oil futures up more than 2% in one session. Why does one strait make the whole world hold its breath?