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Posts Tagged: “Middle East“
Oil Production Back to Pre-War Levels
Oil exports in the Middle East have reached 98% of their pre-war levels. For a war that has so fundamentally challenged the traditional oil supply chain, this is an incredible achievement. With oil coming out of the Middle East at the same rate that it did before the war, it is only a matter of […]
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War’s Economic Fallout Extends Far Beyond the Pump
With the US-Iran war held to a ceasefire, further death and destruction have thankfully been delayed. But, as the Austrian school knows, the sudden wartime disruption of production processes is an economic loss that’s hard to understate. The following article was originally published by the Mises Institute. The opinions expressed do not necessarily reflect those […]
Too Hot to Handle: Gold Due for a Correction?
With gold hitting yet another awe-inspiring all-time high in the wake of Powell’s remarks reassuring markets (more or less) to expect rate cuts in 2024, a few analysts are pointing out risk factors for a correction — so is there really still room to run?
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