There’s no quick fix for the oil market following the upheavals from the war.

Supply shock:The Iran war will change the oil market forever

The latest International Energy Agency assessment of the oil market points to a continuing shortfall of oil supply,and higher prices,even if the war were to end next month.

  • Stephen Bartholomeusz

Latest

Kevin Warsh was on the Fed’s board when its first bout of quantitative easing began in response to the 2008 financial crisis,but has been a QE critic since leaving the board in 2011.

Trump’s man is set to make the president very angry

Kevin Warsh is getting ready to sit on one of the hottest seats in America. He just found out he won’t be able to deliver what Donald Trump expects from him.

  • Stephen Bartholomeusz
Donald Trump is hoping it’s third time lucky.

Trump’s ‘Hail Mary’ attempt to save his war on the world

US courts have now deemed Trump’s first two attempts to impose a global tariff regime unlawful. His third,and probably final,attempt may also be challenged.

  • Stephen Bartholomeusz
Chinese president Xi Jinping is in a much stronger negotiating position than Trump.

Trump heads to China weak and embarrassed

Donald Trump isn’t holding a winning hand as he gets ready for his summit with Xi Jinping.

  • Stephen Bartholomeusz
US President Donald Trump

Trump targets Europe as he eyes a new war

You’d think Donald Trump had enough on his plate,trying to find an exit path from his war on Iran that isn’t humiliating. Now he has set his sights on one of America’s biggest trading partners.

  • Stephen Bartholomeusz
Donald Trump has had a sudden change of heart over the dangers of AI.

Trump goes ‘woke’ with a sudden change of mind

The AI alarm bells are ringing louder for Donald Trump,prompting an abrupt U-turn.

  • Stephen Bartholomeusz
Advertisement
Donald Trump said the US naval blockade of the Strait of Hormuz was “incredible” and Iran’s economy was “crashing”.

‘So sad’:Trump has to start refunding $231b of his illegal tariffs

America is about to pay refunds of revenue collected from Donald Trump’s illegal “Liberation Day” tariffs. And that may just be the beginning.

  • Stephen Bartholomeusz
President Donald Trump promised to fill the US strategic petroleum reserve “right to the top” when he took office. Yet he failed to do so even when prices were low and the cycle was his friend.

The cracks are widening in Trump’s America

The economic growth the US is generating this year is built on a shaky foundation that could fall apart very quickly.

  • Stephen Bartholomeusz
Jerome Powell’s decision to hang around rather than depart quietly will inevitably incense Trump,who has said he will fire Powell if he didn’t retire when his term as chair ended.

Trump will be furious as an old foe digs in his heels

Fed chair Jerome Powell has long been one of Donald Trump’s favourite targets. But he might have the last laugh after a historic move that will incense the president.

  • Stephen Bartholomeusz
The UAE’s exit from OPEC is sudden,but not unexpected.

Emiratis’ exit from OPEC will boost the flow of oil after the war

UAE’s defection will reduce the oil cartel’s influence over the global energy market and help make up for the billion barrels of oil lost because of the closure of the Strait of Hormuz.

  • Stephen Bartholomeusz