OilPrice.com (March 11)
“The world’s top crude oil and LNG importer, China, is not as exposed and vulnerable to energy deliveries from the Middle East as one might think. China has been amassing crude volumes in storage for months, it has been working for years to diversify oil and gas supply sources and routes, and has boosted the share of transport electrification, which has reduced demand for road transportation fuels.”
Tags: China, Crude oil, Demand, Electrification, Energy, Exposed, Gas, Importer, LNG, Middle East, Storage. Diversify, Supply sources, Transport, Vulnerable
Time (March 9 Issue)
“Not much unites Americans these days. But a growing cross section of the public—from MAGA loyalists to Democratic socialists, pastors to policymakers, nurses to filmmakers—agree on at least one thing: AI is moving too fast. While most Americans use the tools, the U.S. is one of the most AI-pessimistic countries in the world.”
Tags: Agree, AI. Tools, Cross section, Democratic socialists, Filmmakers, Loyalists, Maga, Nurses, Pastors, Pessimistic, Policymakers, Public, U.S., Unites
Washington Post (March 8)
The war in Iran “is hitting the economies of Europe and Asia harder and faster than it is striking the United States.” The conflict’s impact extends far beyond oil and natural gas prices. For example, “the closure of several international airports in the conflict zone, including the world’s busiest in Dubai, idled nearly one-fifth of global airfreight capacity, interrupting shipments of consumer electronics, pharmaceuticals and precious metals.” At present, “the cost of shipping goods by air from Asia to Europe is up 45 percent since the war began,” double the increase “for sending items from Asia to the United States.”
Tags: Airfreight, Airports, Asia, Conflict, Dubai, Economies, Electronics, Europe, Impact, Interrupting, Iran, Natural gas, Oil, Pharmaceuticals, Shipments, U.S., War
Bloomberg (March 6)
“Until the conflict with Iran broke out, President Donald Trump was getting — by design or by chance — what he appeared to want in three pivotal financial markets: lower oil prices and Treasury yields, and a weaker dollar. The air strikes that the US and Israel launched over the weekend, and Iran’s counterattacks, are unraveling that.”
Tags: Air strikes, Chance, Conflict, Counterattacks, Design, Dollar, Financial markets, Iran, Israel, Oil prices, Treasury yields, Trump, U.S.
Fortune (March 5)
“A landmark Supreme Court ruling against President Trump’s tariffs has cost the federal government an estimated $1.7 trillion in projected revenue through 2036.” At its current spending rate, this sets “the United States on a course toward a national debt of $58 trillion within the next decade.”
Tags: $1.7 trillion, $58 trillion, 2036, Cost, Government, Landmark, National debt, Projected revenue, Ruling, Spending rate, Supreme Court, Tariffs, Trump, U.S.
New York Times (March 4)
“All eyes are on the Gulf states’ vulnerable energy facilities and on the Strait of Hormuz, the transitway for crude oil and natural gas that has been paralyzed by Iranian forces” as Iran seeks “to drive up the cost of war….. Unless energy shipments quickly return to normal levels, the upheaval could batter the global economy and ratchet up pressure on President Trump.”
Tags: Batter, Cost of war, Crude oil, Energy facilities, Energy shipments, Global economy, Gulf states, Iranian forces, Natural gas, Paralyzed, Pressure, Strait of Hormuz, Trump, Upheaval, Vulnerable
Chicago Sun Times (March 3)
“The Chicago area was named the top U.S. metro for corporate relocations and site selection for the 13th year in a row by Site Selection Magazine…. World Business Chicago, the city’s nonprofit economic development agency, last year counted 223 corporate expansions, projects and new entrants in the Chicago area. The 40% year-over-year increase in activity represents $1.7 billion in annual earnings and the creation of an estimated 19,600 jobs.”
Tags: $1.7 billion, $40, 13th year, Annual earnings, Chicago, Corporate relocations, Economic development, Expansions, Jobs, Metro, New entrants, Site selection, U.S.
Guessing Headlights (March 3)
“The rise of Chinese EVs has never been more apparent. Chinese automakers were once seen as emerging players, but it has now reshaped global competition with its dominance across the world.” Marking “a historic tipping point in the global transition to electric mobility,” in 2025, China was able to surpass “50% EV sales share for the first time… reaching around 12 million units and overtaking internal combustion engine (ICE) vehicle sales for the first time.”
Tags: 12 million units, 2025, Automakers, China, Dominance, Electric mobility, Emerging players, EVs, Global competition, Internal combustion, Reshaped, Tipping point, Transition, Vehicle sales
Barron’s (March 2)
“The conflict in Iran has upended the global market for oil and natural gas. It is also having a big impact on coal markets,” which rose to a 52-week high on Monday. “Coal is benefiting precisely because it isn’t directly affected in this conflict—unlike the other resources it competes against.” For example, utilities can switch to coal in electricity generation “when natural-gas prices get too expensive or natural gas supplies are threatened.”
Tags: 52-week high, Coal markets, Conflict, Electricity, Global market, Impact, Iran, Natural gas, Oil, Resources, Supplies, Upended, Utilities
Fortune (March 2)
“S&P 500 futures were down 1.22% this morning as part of a broad global selloff in the stock markets triggered by the conflict between Iran and the U.S. and Israel.” Uncertainty prevails amid efforts to assess the likely severity of the conflict, which “could be serious enough to push oil over $100 per barrel.” For now, investors have “entered a worldwide ‘risk-off’ phase.”
Tags: $100 bbl, Conflict, Futures, Global selloff, Investors, Iran, Israel, of Oil, S&P 500, Severity, Stock markets, U.S., Uncertainty
