2026, day 274
Good morning from Asia - and more headline fuel about fuel and for more war, with very few for more peace.
GEOPOLITICS: 🌍🔥
‘Loud blasts heard in Houthi-run Yemeni capital Sanaa amid reported Saudi attack’ (AFP);
‘Pentagon prepares for potential surge of naval forces in Middle East’ (WaPo);
‘U.S. sent more Patriots to protect Saudi, Qatari energy sites’ (Axios);
‘Iran readies harder retaliation if attacked as diplomacy faces long
odds’ (Reuters);
‘U.S. Pressure Campaign Leaves Iranian Tankers Stranded in Asian Waters’ (WSJ);
‘Netanyahu says Omani copilot who tried to bring down flight ‘underwent Islamist radical indoctrination’’ (ToI);
‘UK police arrest dual UK-Iranian man in Fairford air base investigation’ (Reuters);
‘Syria denies contacts with Hezbollah, says it deals only with Lebanese state’ (Al Arabiya);
‘Pakistan launches deadly air strikes on Afghanistan’ (BBC);
‘Egypt's military aid from the United States will no longer carry human rights conditions’ (Reuters);
‘Blasts heard in Addis Ababa as Ethiopia conflict widens in the north’ (AJ);
‘Eritrea severs diplomatic ties with Ethiopia in tit-for-tat move’ (AJ);
‘US sanctions Kremlin-backed fintech A7 for allegedly assisting Iran’ (FT);
‘Ukraine Fires Hard-to-Stop Ballistic Missile for First Time’ (WSJ);
‘Russia makes extreme threats against Nato countries over
Kaliningrad’ (FT);
‘EU should be braver in countering Russia’s rhetoric, Polish Lt Gen says’ (Rapporteur);
‘Western militaries are undermining Ukraine's defence, experts say’ (AJ);
‘Kubilius: Russian attack on arms factory would trigger NATO military response’ (Politico);
‘Europe braces for ‘severe hybrid attacks’ from Russia, says Friedrich Merz’ (FT);
‘How Europe can stall Russia's hybrid war’ (FT);
‘It’s war, not hybrid attacks, says Estonian foreign minister’ (Politico);
‘Pentagon excludes key allies from
NATO meeting’ (Politico);
‘US sees Chinese invasion of
Taiwan unlikely next year despite
2027 timeline, sources say’ (Reuters);
‘Why US Himars missile shortfalls raise stakes for a potential Taiwan Strait conflict’ (SCMP);
GEOECONOMICS: 🌍 ✈️ ⛴️ 🚛
‘Democratic Senators Challenge Pentagon's Venezuela Oil Deal’ (WSJ);
‘Trump demands Europe release emergency diesel reserves’ (Telegraph);
‘European countries agree on ‘assertive’ response to US diesel pressure’ (Politico);
‘EU countries in crisis talks over release of diesel stocks’ (FT);
‘Britain in talks over releasing emergency diesel stockpiles’ (Telegraph);
‘UK courts Berlin for fighter jet role after collapse of Franco-German project’ (Politico);
‘Germany: We’ll do everything we can to get Britain back into EU’ (Telegraph);
‘Chinas Tencent leases 100,000 chips from Oracle to accelerate
Al push’ (FT);
‘US slows aircraft-part exports to China as Trump seeks leverage in trade negotiations, sources say’ (Reuters);
‘Japanese companies exit China in record numbers’ (FT);
‘Modi's India takes on Trump more openly, from 'terrorism' to tariffs’ (AJ):
POLITICS: 🗳️
‘French presidential race remains open despite Le Pen lead’ (Rapporteur);
‘France school protests escalate into ‘urban violence’ as PM calls crisis cabinet meeting’ (Guardian);
‘As Germany’s far right rises, weakened Merz looks to project strength and resolve against Putin’ (Politico);
‘Burnham preparing for May election, claims Badenoch’ (Telegraph);
‘Burnham’s reopening of Brexit debate is ‘biggest boost in my career’, says Farage’ (Guardian);
MARKETS: 📈
‘The Global Bond Rout Is Getting Messy’ (WSJ);
‘US mortgage rates jump the most in four years in blow to housing market’ (FT);
‘An AI sovereign wealth fund isn’t progressive — it’s techno-imperialism’ (FT) - “Accruing income at home from land and power abroad has an old name: empire”;
‘EU questions Binance over continued operations despite wind-down order’ (FT);
‘Labor ‘crazy’ to push superannuation into US lamb: Wilson’ (AFR)