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Donald Trump's trade war policies led to a 25% retaliatory tariff from the European Union on American whiskey, including bourbon, causing a collapse in U.S. exports.
Approximately 4 million barrels of oil exited the Strait of Hormuz last Thursday, the largest outflow since the start of the Iran conflict. A French container ship also made the first explicit Western crossing since February.
The Unboiled family, who live nomadically and attempt to transact predominantly in Bitcoin, tracks 'SATs inflation' based on their spending on essentials in South Africa. They reported a period of 'SATs deflation' where costs were lower by 11% for electricity, 8% for fuel, and 5% for milk.