Keep pulling the thread on Russell 2000.
UK Prime Minister Keir Starmer announced he will step down after losing the confidence of his own party.
Andy Burnham, former mayor of Manchester, is considered the most likely successor to Keir Starmer as UK Prime Minister and could take office by mid-July.
The UK has experienced nearly two decades of very poor economic growth, resulting in average earnings today being at the same level as 20 years ago.
The current 20-year stagnation in UK average earnings is an unparalleled event in the last 200 years of British history.
The US Treasury Department has granted Iran a 60-day license to sell its oil in US dollars for the first time in over a decade.
According to JD Vance, Iran has agreed to allow UN nuclear inspectors back into the country in exchange for a US license to sell oil.
Brian Kurzman predicts that even if the Strait of Hormuz fully reopened tomorrow, the oil price environment would be over $80 per barrel as the previous supply glut has been eliminated.
Last week, a total of 17 million barrels of oil were drawn from US inventories and the Strategic Petroleum Reserve (SPR).
Oil storage facilities in Cushing, Oklahoma are at their effective tank bottoms with approximately 20 million barrels remaining.
US gasoline inventories are currently at 214 million barrels, which is near the operational minimum range of 195 to 215 million barrels.
Maersk reported that shipping spot rates have increased by 40% since the closure of the Strait of Hormuz began.
As a result of Brexit, the UK's GDP per capita is estimated to be as much as 8% lower than it would have been otherwise.