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War headlines today.
- Trump threatens Iran with annihilation at the UN, then his minions meet Iranians for TACO.
- MBS is overdoing propaganda about Houthi Mecca attacks. False flag alert.
- Trump mulls a diesel export ban.
- Yanbu pipeline to restart at 40% capacity. More to take two months.
Here is US gasoil versus European, which is where the bulk of rising US exports has been going.
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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
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