John Letzing

Bloomberg: Trump administration officials are examining what a potential spike in oil prices as high as $200 a barrel would mean for the economy, according to people familiar with the matter, a sign senior officials are studying the possible fallout from extreme scenarios for the Iran war. bloomberg.com/news/articles/… @hlowenkron @SalehaMohsin @EMPosts

Yale Budget Lab Exec. Dir. @marthagimbel on the shrinking appeal of U.S. debt: "We are currently the boyfriend at the beginning of the Hallmark movie in the big city, where the girlfriend is still going out with him even though she knows that it's wrong."

One nightmare scenario, in particular for America’s Gulf partners now bearing the brunt of Iranian attacks, is that the U.S. and Israel would stop, then Iran would continue harassing strikes to cow these oil-rich monarchies into submission. The fear is that Tehran will try to pressure them to expel U.S. bases and sever their dependence on an America that failed to protect them. “There are many dangers. A wounded, angry Iran is not the best-case scenario for the Gulf states. While the U.S. has to a large degree castrated Iran in terms of its ability to attack Israel, this gives Iran only one other option: to attack the Gulf states and to weaponize the Strait of Hormuz,” said Dania Thafer, executive director of the Gulf International Forum think tank. “Militarily speaking, the U.S. is on the winning side. But politically speaking, the U.S. and Israel have really gotten nowhere when it comes to Iran.” @Dr_DaniaThafer wsj.com/world/middle-e…

The Middle East war is creating the largest supply disruption in the history of oil markets As a result, IEA Members have agreed to release 400 million barrels of emergency oil stocks to support market stability More in our latest Oil Market Report ➡️ iea.li/4uI1QID

I think this one needs no further explanation.

The Chinese foreign minister has been on the phone with his Iranian counterpart. Who buys more Qatari LNG than anyone else? China. Who buys more Persian Gulf oil than anyone else? China. Who buys all -- yes, all -- the Iranian oil? China

I’m 62 years old, I live in Tampa, I eat corn and beef everyday, I always have a titleist hat on, and Iran is the biggest threat to my freedom

Watched the German and German-led NATO troops march through Lithuania’s city of Kaunas yesterday, in a message of deterrence to Russia. (If push comes to shove, I’d run with the Norwegian unit here.)

What is happening in the Twin Cities and the Great North Star State is heartbreaking to witness. These events have cost lives and shaken families — and we must call for accountability, transparency, and protections for all people. This moment demands that we reflect honestly on what our values truly are. My thoughts, prayers, and deepest condolences are with the families of Renée Good and Alex Pretti. I stand with the people of Minnesota.

64 days in Chicago: The story of Operation Midway Blitz. Our team fanned out to cover the before, during and after of the federal government’s months-long raid on an American city. This is worth your time to understand the United States today chicagotribune.com/2025/12/28/chi…

How 🇷🇺Putin and 🇸🇦MBS got Witkoff to take the lead in 🇺🇸American diplomacy on Russia and Ukraine, and how Kellogg was pushed aside after turning down Russia’s pre-inauguration entreaty relayed via Tucker Carlson. With my amazing @WSJ colleagues. wsj.com/world/putin-wi…

"I’m sure you’re aware of our connections with the Trump Administration and I’m sure they would be interested in this matter. I would strongly suggest dropping this story." ProPublica obviously didn't drop it. propublica.org/article/paul-n…

This is a pretty incredible chart. In just ten years, we went from predictions of steadily rising carbon emissions to predictions of steadily falling emissions. Climate change is beatable.

China and the US are moving in dramatically different directions when it comes to the cost of living. Experts on each economy explain. #ChiefEconomists25 #SDIM25 weforum.org/stories/2025/0…

Those are F/A-18 Hornets flown by the Navy and Marine Corps

ProPublica looked into Trump’s cabinet and found three members who claimed multiple properties as a primary residence, the same accusation made against Fed governor Lisa Cook.

Quite a hot mic moment on CCTV in Beijing today as Putin and Xi, both 72 years old, are caught casually talking about living to 150 and maybe forever thanks to organ transplants. (As picked up by Bloomberg.)

I covered Argentina as a foreign correspondent under leftist president Kirshner and so much of what I’m seeing here reminds me of that period which saw the economy decimated with high inflation and stagnation due to tariffs and other measures. But what worries me the most….

Russia is totally not interested in any territorial conquest beyond Ukraine.

No one is appreciating the level of soft power required to have the only child of the leader of the world's competing superpower choose to live and attend university in the US.