TRACK OIL

“Bitcoin keeps running into a wall of selling above $70K — roughly $20M/hour in profit-taking — and now that wall has geopolitical weight behind it after the Islamabad peace talks collapsed, Iran's Strait of Hormuz stays effectively closed, and Trump ordered a naval blockade of Iranian ports starting this morning. That's pushing oil toward $100/barrel and forcing tanker traffic into a full reroute away from the Gulf.”

“If those December contracts move over 100, the world is a very different place than it is right now. And that will cause revaluation of various assets. And that will cause, certainly in our administration, doing everything they can to print money. The truth is with AI and with everything going on in the economy and with oil prices going up, it actually cuts economic growth. It cuts the aggregate demand.”

“Our political system in the United States is broken. I mean, it's not just that people think Congress are a bunch of parasitic jackals, which is true, by the way... But it's actually worse than that. It's just completely dysfunctional. That is a large part of this. I mean, if we knew we were going to have a new Federal Reserve Chair in May, which you would think would be known, I think markets would be very different.”

“The dollar's long-term slide continues — now just 46% of global FX and gold reserves, a 26-year low — even as M2 keeps expanding at 4.8% YoY, and central bank gold holdings have officially eclipsed US Treasury holdings for the first time since '96. That's pushing oil toward $100/barrel and forcing tanker traffic into a full reroute away from the Gulf, which benefits US energy exports but hammers Japan, South Korea, and India hardest.”

“The WLFI vs. Justin Sun feud is turning into a full legal brawl over a $75M loan dispute, backdoor token blacklisting, and accusations flying both ways — exactly the kind of circus that undermines crypto's push for institutional credibility. This adds to the geopolitical weight already slowing markets after the Islamabad peace talks collapsed, and Iran's Strait of Hormuz stays effectively closed following the new naval blockade.”

“In a post on x Sunday, Swalwell said he was suspending a campaign that has been imploding since multiple women alleged that the San Francisco Bay Area Democrat had sexually forced himself on them. Swalwell had been gaining momentum in the race, winning key endorsements and leading other Democrats in pre election polls.”

“President Trump says the US Navy will block the Strait Of Hormuz from all ships, and the US military says that starts tomorrow. This after peace talks between The US and Iran and Pakistan yesterday failed to produce a deal.”

“For nearly a week, slow moving convoys of tractors and trucks have blocked major highways and roads across the country, including some of the busiest streets in Ireland's capital, Dublin. Protestors are demanding more support from the government as fuel prices continue to rise because of The US and Israel's war against Iran.”

“Rory McIlroy is donning a green jacket once again after winning the Masters Golf Tournament in Augusta, Georgia, his second in a row. He held off challenges from several players in the final round, including Scottie Scheffler. McElroy now has won six majors.”

“First, Northwest blooms were teased open by a mild winter and warm spring temperatures. Then, whack, freezing temps hit, killing the blooms before they get pollinated. Matthew Whiting is a professor who specializes in cherry trees at Washington State University Research Station in Prosser.”

“If they wanna have nuclear weapons, they're not gonna have nuclear weapons. I've been saying that for thirty years. I would never allow that to happen before I was in politics, and that country will not have nuclear weapons.”

“People are hurting. They're hurting because of sheer lack of quantities. If you are in The Philippines, you're queuing the same way people were queuing here in the seventies to fill your tank. They are hurting because, they may be in need of helium for semiconductors.”

“Magdi's victory was hard won in an electoral system that over the past sixteen years, Orban had stacked in his favor from gerrymandering to controlling the media. As Brussels now looks forward to working with a more pro European Hungarian leader, Moscow and the current White House administration have lost in Orban, a key ally in Europe.”

“Representative Eric Swalwell says he's suspending his campaign for California governor. He made the announcement Sunday in a social media post saying that he's deeply sorry for mistakes and judgment that he's made in the past. Allegations of sexual misconduct with a former staffer were made public on Friday.”

“The San Francisco Chronicle first reported that all six trustees were terminated last week. Lisa Petri is a spokesperson for the trust. She says the park will continue to operate normally. Trump signed an executive order last year cutting any federal funding to the trust, but Petri says it has been self sufficient since 2013.”

“The US Central Command says it will begin a blockade of all Iranian ports and coastal areas starting in six hours. President Trump ordered the blockade after peace talks collapsed this weekend in Pakistan.”

“Iran effectively closed down the Strait Of Hormuz, this, 21 mile wide waterway, and very few ships have been going in or out of the Gulf in recent weeks. It was more than a 100 ships a day before the war. Now it's just a handful.”

“Israeli air strikes hit the Mediterranean resort city of Tyre and border villages Israel says it's seizing from Lebanon to create what it calls a buffer zone where Hezbollah can't fire rockets. The Lebanese Red Cross says one of its ambulance teams was directly targeted by an Israeli drone, killing one paramedic and wounding another.”

“Goldman Sachs, JPMorgan Chase, and other big banks will report results from the last three months, giving investors a window into the economic fallout from the war in Iran and the resulting energy crisis. Surging oil prices have pushed up costs for both companies and consumers, and banks like JPMorgan do business with both.”

“Once a month or once every other month, we're encountering something that we we've never seen before, and we haven't seen indications of it being seen in The United States before either.”

“And now the Straits of Hormuz have been closed for a couple of days, and that's putting pressure on China.”

“Up six bucks today.”

“30 percent AI is sentient like it's a living mechanism, like it has a certain things for itself. And that's concerning.”

“House kills effort to release all congressional sexual misconduct and harassment reports.”

“This week, Spain categorically denies White House claim it will cooperate on Iran war.”

“In addition to the naval blockade, president Trump on Sunday said that The US would begin destroying mines laid by Iranians in the Strait Of Hormuz and added that Iranians would be, quote, blown to hell if they fired at The US. Over the past two weeks, president Trump has threatened to destroy Iran's infrastructure, bomb the country, quote, back to the stone age, and to wipe out its entire civilization in one night.”

“And it is asymmetric. It affects different countries differently. If you are in the vicinities of the conflict, it's a big hit on you. If you are an oil importer, it is a big hit on you. If you have no reserves to protect yourself, you're in a very tough, situation.”

“Democratic representative Eric Swalwell announced this evening that he's suspending his campaign for California governor. He made the announcement in a post on social media. Swawa was recently accused of sexual assault against several former staff members.”

“Virginians are voting on a measure that could result in a four seat gain in Virginia's congressional delegation for Democrats. That could make house minority leader Hakeem Jeffries speaker of the house. Virginia could be one of the last states to act in the national redistricting frenzy kicked off by Trump.”

“Voters in Hungary turned out in numbers not seen since the fall of communism Sunday and resoundingly rejected a reelection bid by long serving prime minister Viktor Orban. During his sixteen years in office, Orban often challenged the governance of the European Union. Incoming pre prime minister, Peter Magyar, says he will repair Hungary's relations with the EU.”

“Congressman Eric Swalwell says he is suspending his campaign for California governor as he faces allegations of sexual assault, which he says are false. He had already decided not to run for reelection to the house. President Trump says The US will blockade the Strait Of Hormuz.”

“Iran is believed to have placed mines in the strait, and a US official who's not authorized to speak publicly told NPR's Tom Bowman that minesweepers will also be used as part of the blockade. There are a lot of unknowns. You know, will any ships try to break a US blockade? And and if so, how will the US military respond? And what will Iran do?”

“Israeli and Lebanese diplomats are now preparing to hold their first direct meeting between government officials in decades on Tuesday. Israel and Lebanon's ambassadors to The US are set to meet in Washington to discuss a ceasefire. But at a Hezbollah rally in downtown Beirut, Saturday, supporters filled the streets for blocks, waving flags and chanting against negotiations.”

“Magdia's victory was hard won in an electoral system that over the past sixteen years, Orban had stacked in his favor from gerrymandering to controlling the media. As Brussels now looks forward to working with a more pro European Hungarian leader, Moscow and the current White House administration have lost in Orban, a key ally in Europe.”

“It's not impossible that while we, have seen a slight dip over the last week that we certainly could see gas prices reaccelerating, and it's not impossible that new records, with prices eventually rising above $5 a gallon remain possible.”

“The US Central Command says it will begin a blockade of all Iranian ports and coastal areas starting in six hours. President Trump ordered the blockade after peace talks collapsed this weekend in Pakistan.”

“Iran effectively closed down the Strait Of Hormuz, this, 21 mile wide waterway, and very few ships have been going in or out of the Gulf in recent weeks. It was more than a 100 ships a day before the war. Now it's just a handful.”

“Israeli air strikes hit the Mediterranean resort city of Tyre and border villages Israel says it's seizing from Lebanon to create what it calls a buffer zone where Hezbollah can't fire rockets. The Lebanese Red Cross says one of its ambulance teams was directly targeted by an Israeli drone, killing one paramedic and wounding another.”

“Goldman Sachs, JPMorgan Chase, and other big banks will report results from the last three months, giving investors a window into the economic fallout from the war in Iran and the resulting energy crisis. Surging oil prices have pushed up costs for both companies and consumers, and banks like JPMorgan do business with both.”

“Once a month or once every other month, we're encountering something that we we've never seen before, and we haven't seen indications of it being seen in The United States before either.”

“In addition to the naval blockade, president Trump on Sunday said that The US would begin destroying mines laid by Iranians in the Strait Of Hormuz and added that Iranians would be, quote, blown to hell if they fired at The US. Over the past two weeks, president Trump has threatened to destroy Iran's infrastructure, bomb the country, quote, back to the stone age, and to wipe out its entire civilization in one night.”

“And it is asymmetric. It affects different countries differently. If you are in the vicinities of the conflict, it's a big hit on you. If you are an oil importer, it is a big hit on you. If you have no reserves to protect yourself, you're in a very tough, situation.”

“Democratic representative Eric Swalwell announced this evening that he's suspending his campaign for California governor. He made the announcement in a post on social media. Swawa was recently accused of sexual assault against several former staff members.”

“Virginians are voting on a measure that could result in a four seat gain in Virginia's congressional delegation for Democrats. That could make house minority leader Hakeem Jeffries speaker of the house. Virginia could be one of the last states to act in the national redistricting frenzy kicked off by Trump.”

“Voters in Hungary turned out in numbers not seen since the fall of communism Sunday and resoundingly rejected a reelection bid by long serving prime minister Viktor Orban. During his sixteen years in office, Orban often challenged the governance of the European Union. Incoming pre prime minister, Peter Magyar, says he will repair Hungary's relations with the EU.”

“In a post on x Sunday, Swalwell said he was suspending a campaign that has been imploding since multiple women alleged that the San Francisco Bay Area Democrat had sexually forced himself on them. Swalwell had been gaining momentum in the race, winning key endorsements and leading other Democrats in pre election polls.”

“President Trump says the US Navy will block the Strait Of Hormuz from all ships, and the US military says that starts tomorrow. This after peace talks between The US and Iran and Pakistan yesterday failed to produce a deal.”

“For nearly a week, slow moving convoys of tractors and trucks have blocked major highways and roads across the country, including some of the busiest streets in Ireland's capital, Dublin. Protestors are demanding more support from the government as fuel prices continue to rise because of The US and Israel's war against Iran.”

“Rory McIlroy is donning a green jacket once again after winning the Masters Golf Tournament in Augusta, Georgia, his second in a row. He held off challenges from several players in the final round, including Scottie Scheffler. McElroy now has won six majors.”

“First, Northwest blooms were teased open by a mild winter and warm spring temperatures. Then, whack, freezing temps hit, killing the blooms before they get pollinated. Matthew Whiting is a professor who specializes in cherry trees at Washington State University Research Station in Prosser.”

“If they wanna have nuclear weapons, they're not gonna have nuclear weapons. I've been saying that for thirty years. I would never allow that to happen before I was in politics, and that country will not have nuclear weapons.”

“People are hurting. They're hurting because of sheer lack of quantities. If you are in The Philippines, you're queuing the same way people were queuing here in the seventies to fill your tank. They are hurting because, they may be in need of helium for semiconductors.”

“Magdi's victory was hard won in an electoral system that over the past sixteen years, Orban had stacked in his favor from gerrymandering to controlling the media. As Brussels now looks forward to working with a more pro European Hungarian leader, Moscow and the current White House administration have lost in Orban, a key ally in Europe.”

“Representative Eric Swalwell says he's suspending his campaign for California governor. He made the announcement Sunday in a social media post saying that he's deeply sorry for mistakes and judgment that he's made in the past. Allegations of sexual misconduct with a former staffer were made public on Friday.”

“The San Francisco Chronicle first reported that all six trustees were terminated last week. Lisa Petri is a spokesperson for the trust. She says the park will continue to operate normally. Trump signed an executive order last year cutting any federal funding to the trust, but Petri says it has been self sufficient since 2013.”

“From Iran's perspective, they feel emboldened... It discovered the Strait Of Hormuz and what havoc it can wreak, not only on The Gulf, but on the entire globe. Brent crude oil, the international standard, is above $96 a barrel in Asia ahead of talks in Pakistan Saturday on a potential permanent ceasefire.”

“Zeldin celebrated the EPA's decision to stop regulating carbon dioxide as a pollutant. He says that policy was government overreach and focused too much on the worst case scenarios. Zeldin spoke at a conference of the Heartland Institute, a free market group that denies that humans are contributing to climate change.”

“Maryland attorney general Anthony Brown says the states reached a settlement with Grace Ocean Private and Synergy Marine Group, the owner and manager of the Dali. The insurance company paid out $350,000,000 to the state of Maryland after the incident. There are still more than 50 parties, including the city of Baltimore, suing Grace Ocean and Synergy over the crash.”

“Riverside County sheriff Chad Bianco, a Republican, obtained them to investigate an alleged vote count discrepancy in a statewide election last year. Most disturbingly, there doesn't seem to be any indication of criminal wrongdoing. The California Supreme Court has halted Bianco's investigation while it reviews the case.”

“According to a study by the Associated Press, Major League Baseball's average salary has climbed 3.4% to a record of more than $5,300,000. The AP says the New York Mets topped spending at the season start for the fourth straight year with Mets' outfielder, Juan Soto, the highest paid player for the second consecutive season.”

“The first two days of the ceasefire have been shaky with strikes of varying severity happening in Lebanon, Iran, Israel, and the Gulf Arab states. The Iranians I spoke to at the border didn't wanna be named fearing reprisal upon their return, and none of them believed that the temporary truce would hold.”

“Zeldin celebrated the EPA's decision to stop regulating carbon dioxide as a pollutant. He says that policy was government overreach and focused too much on the worst case scenarios, despite scientific research showing that burning fossil fuels has increased carbon dioxide in the atmosphere to the highest level in human history.”

“The emperor penguin is now listed as endangered. The International Union for Conservation of Nature made the declaration because emperor penguins in Antarctica rely on sea ice for many purposes, but it is melting rapidly. The Antarctic fur seal was also moved to the endangered category.”

“This is just the beginning, and there's nothing that we can accomplish when we pull all of our differences together, not in spite of them, but when we pull them together and we work on something big for the good of everyone.”

“The scientists found that the same neurons that fire when someone looks at an object also fire when a person imagines that object. The finding supports earlier evidence from brain scans suggesting that seeing and imagining activate the same circuits.”

“And now the Straits of Hormuz have been closed for a couple of days, and that's putting pressure on China.”

“Up six bucks today.”

“30 percent AI is sentient like it's a living mechanism, like it has a certain things for itself. And that's concerning.”

“House kills effort to release all congressional sexual misconduct and harassment reports.”

“This week, Spain categorically denies White House claim it will cooperate on Iran war.”