Yesterday’s News 2026-09-21

curated news excerpts & citations
… trying to ‘unbury the lede’

Oil seems entrenched above $100

James Eagle:
Oil seems entrenched above $100

As the chart shows, ceasefires haven’t worked. There is a real risk that oil prices eventually get entrenched above $100. Oil is now 60% higher than in early August. The concern is that it stays there, and that this feeds through into economies around the world, hitting GDP growth and inflation.
(James Eagle   more…)

Heather Cox Richardson:
Letters from an American – September 20, 2026

While Trump suggests he will defend the United States from atop his triumphal arch, our European allies are much more concerned with Russia’s drone strike last Sunday on a passenger train traveling from Kyiv, Ukraine, to Warsaw, Poland. The train was just over a mile—two kilometers—from the Polish border when the drone hit at a border crossing. The drone hit just after a convoy carrying former leaders and high-level diplomats, including former U.K. prime minister Boris Johnson, had passed through.

… Trump “has largely looked at all of this and said, that’s a European problem. He doesn’t feel a threat to the United States from Russia, and he doesn’t see a need for the U.S. to increase its pushback on Russia at all.” …

Trump’s stand is interesting in light of news that Russia has been helping Iran in its fight against the United States, sending upgraded munitions as well as satellite imagery and targeting data to hit U.S. forces in the Middle East.
(Heather Cox Richardson   more…)

Jaroslav Lukiv, Dearbail Jordan @ BBC:
Ukraine has fired its largest drone attack on the Moscow region, the mayor has said, hitting the city’s main oil refinery and a residential building.

Mike Brock:
A Losing Putin Is Still a Dangerous Putin


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