Can US oil afford to ‘drill, baby, drill’?

As insurance costs rocket for shipping in the Strait of Hormuz, Asian countries brace for an energy shock. The rapid expansion of American-owned data centres in the Middle East has opened up a new front for Iran’s retaliation against the US. Plus, Donald Trump fires the head of t ...  Show more

Israel expects war against Iran to last weeks and Ayatollah Khamenei’s son emerges as a leading candidate for supreme leader. Plus, the Federal Reserve grants crypto exchange Kraken access to its core payments system, inside the collapse of UK property lender Market Financial Sol ...  Show more

Some Republican leaders are squirming to keep Pete Hegseth’s name in the hat as president-elect Donald Trump’s defense secretary nominee—at all costs, said The New Abnormal co-hosts Andy Levy and Danielle Moodie. Plus! Christopher Robbins, reporter and co-founder of local news ou ...  Show more

It would be hard to argue that anyone had a bigger—or worse—impact on the world this year than President-elect Donald Trump, The New Abnormal co-host Andy Levy argues on this week’s episode. Then, Ed Zitron, journalist and author of the Where’s Your Ed At? newsletter, explains th ...  Show more

Today, Les, Martha, and Jess unpack the growing global fallout from President Trump’s expanding tariff agenda. With a minimum 10% tariff imposed on all imports – and significantly higher rates hitting key partners like Vietnam and the European Union – the administration’s “Americ ...  Show more

On this episode of Stock Movers: - Marathon Petroleum (MPC) is higher this morning as it beats out oil giants like Chevron and Exxon, as companies with more exposure to the United States share picture are gaining. The conflict between Israel and Iran has caused damage to the US c ...  Show more