Commodities
Malaysian Chinese have suddenly become a precious commodity this month. As expected, their value skyrockets every time there is an election. With the political campaign for the Johor state election entering its second half, every politician and political party treats the ethnic Chinese like a diamond, saying the Chinese are the best, the cleverest, the […]
... written on Jul 07 2026On May 1, 2026, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) – under Executive Order (E.O.) 13902 – designated three Iranian foreign currency exchange houses and their associated front companies as part of Economic Fury and Treasury’s ongoing efforts to disrupt the Iranian regime’s financial lifelines that sustain its war […]
... written on Jun 25 2026One of the easiest gimmicks to scam voters to win elections is to create problems and then pretend to solve them, and voila, people would burst into tears in appreciation and gratitude. Taking away something before giving it back has been one of the oldest tricks used by many parents to handle misbehaving children or […]
... written on Jun 22 2026Oil prices shot up and U.S. stock market fell after U.S. President Donald Trump said on Wednesday (June 10) that Iran has taken too long to negotiate a peace deal and will now have to “pay the price.”However, very few took Trump’s threat seriously. After all, the Commander-in-Chief had said both parties have been close to a peace deal […]
... written on Jun 11 2026War has imposed a heavy cost on Iran’s economy – more than a million people jobless, skyrocketing food prices, increasingly worthless currency and a prolonged internet shutdown that has crippled online businesses. The question is how much more pain Iran’s leaders, whoever are in charge now, are willing to tolerate as they try to negotiate […]
... written on Apr 30 2026In a stunning and shocking strategic move, the United Arab Emirates (UAE) has announced its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+ effective May 1, 2026. The third-largest producer in OPEC behind Saudi Arabia and Iraq, the tiny kingdom joined OPEC in 1967, seven years after the organization was founded. While […]
... written on Apr 29 2026As Iran started its bold game of cat and mouse with the United States, the MV Touska became the first casualty after the Iranian cargo ship tried – and failed – to breach the U.S. blockade. The U.S. made good on its threat to board and seize any vessel defying its blockade of Iran’s ports […]
... written on Apr 20 2026Some 20 ships lining up to cross the Strait of Hormuz were waiting anxiously and desperately to get out of the “strait of hell”, as some crews called it. The vessels had been waiting to enter the Persian Gulf via the Iran-controlled northern Larak corridor, and had agreed to pay Iran’s Islamic Revolutionary Guard Corps […]
... written on Apr 18 2026Fuel shortage, including subsidized RON95 petrol and unsubsidized diesel, has begun despite denial by the deputy minister of domestic trade and cost of living, Fuziah Salleh. An increasing number of stations, especially Shell, have put up signs that read ”Under Repair” to their pumps. There were cases where 8 out of 10 pumps were “out […]
... written on Apr 16 2026Starting Monday (April 13), 10 a.m. Eastern Time, the U.S. military would block maritime traffic entering and leaving Iranian ports, a move that would prevent roughly two million barrels of Iranian oil a day from entering the world’s markets. While that would obviously further tighten global supply, the strategic move would also hit Iran where […]
... written on Apr 14 2026
