Hormuz, Mandeb, Black Sea: Wars and Diesel Chokepoints Spike World Inflation

Singapore’s GIC posts lower returns as wars, tariffs turn global markets volatile

Adjusted for inflation, the annualised real return for the 20 years ending March 31 came in at 3.4 per cent. Read more at straitstimes.com.

Trump faces a Catch-22 on Iran because of midterms, says his former commerce secretary: Face inflation furor, or withdraw and look weak

"The war itself in a kind of technical sense, is over ...The question is, can we win the peace? And that's what Hormuz is about," Trump's former commerce secretary, Wilbur Ross, exclusively tells Fortune.

Hormuz, Mandeb, Black Sea: Wars and Diesel Chokepoints Spike World Inflation

Ann Arbor (Informed Comment) – The Iran War will erode the purchasing power of American consumers this summer, according to CNBC, especially because of high diesel prices. That projection helps explain Trump’s cratering numbers on his mind-bogglingly stupid Iran War. Even in his MAGA base, support for the war was only about 50% last May. It is now only a third. And that’s Trump’s base. In the rest of the country people want it to be over with ye…