Treasury Licensed the Enemy's Oil Because the War Broke the Market
The United States is now officially selling its enemy's oil to pay for the war that made selling oil necessary.
Priya Sharma
Bureau: Delhi
Ozempic Goes Generic — $936 a Month Meets $3 a Month
India's semaglutide patent expired March 20, and more than 50 generic drugmakers are launching versions at $14-40 a month — against America's $936 price tag.
Maritime Insurers Cancel War Risk Cover — the Invisible Crisis
Seven insurance mutuals withdrew war risk cover for the Persian Gulf, and every container arriving at your port now costs thousands more — the war tax nobody voted for.
Gas Prices Surge 28 Percent in Three Weeks — the Fastest Since 2008
Gas jumped a dollar in three weeks — the fastest peacetime surge since 2008 — and the pump is where the war comes home for voters.
Airlines Face $11 Billion Hit as 52,000 Flights Vanish From the Sky
The Iran war has cancelled 52,000 flights, closed Dubai's hub, and handed US carriers an $11 billion bill — and the meter is still running.
Gold Touches $5,400 — War-Era Safe Haven Rally
Gold futures spiked above $5,400 per ounce as the Iran war triggered the most concentrated safe-haven rush since 2020, vindicating Goldman Sachs's January forecast two months early.
Pakistan Shia Protests Escalate Into Second Week
At least 26 people are dead and curfews remain in force across northern Pakistan as Shia protests over the killing of Ayatollah Khamenei enter a third week with no sign of subsiding.
Menopause Before 40 Raises Heart Risk by 40 Percent
A JAMA Cardiology study of over 10,000 women finds premature menopause raises lifetime coronary heart disease risk by 40 percent, with Black women three times more likely to be affected.
Oil Company Windfall Tax Pressure Builds
Oil crossed $100 a barrel for the first time since Russia invaded Ukraine, and Democratic lawmakers want the companies profiting from the war to pay it back.