Supreme Court Kills Tariffs — $175B Refund Shock as Hormuz Risk Builds | Rapid Read 21 Feb 2026

Описание: US executive tariff power just got boxed in and $175 BILLION in refunds may now flood the system.
At the same time, F-22 deployments and Iran strike talk are pushing tanker rates toward crisis levels.

Trade authority is constrained… but geopolitical risk is expanding.

Today’s Rapid Read Covers:
1. Supreme Court voids emergency tariffs, unlocking $175B in potential refunds
2. White House announces new 10% global tariff, energy and metals exempt
3. F-22 Raptors deploy to UK as Middle East strike signals intensify
4. $90B Russian oil smuggling ring exposed via UAE-linked shadow network
5. Tanker rates surge toward $150K/day on Hormuz disruption fears
6. Hungary blocks €90B EU Ukraine loan over Druzhba oil dispute
7. US crude stocks drop 9MM barrels as production momentum stalls

Why This Matters:
-Trade spreads may widen as refund lawsuits hit supply chains.
-A Hormuz shock would spike freight, oil benchmarks, and insurance costs
-Sanctions tightening on Russia reshapes shadow fleet routing and EU timelines
-Executive authority is constrained.
-Military signaling is escalating.
-Energy flows are tightening.

Systems reroute around blockages , but directionality locks in costs.

Read the full Rapid Read at:
👉 https://geopoliticsunplugged.substack...

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#Geopolitics #EnergyMarkets #BreakingNews #OilPrices #GlobalTrade #Tariffs #SupremeCourt #IranCrisis #StraitOfHormuz #Sanctions #TankerRates #WTI #CrudeOil #USChina #SupplyChains

This is our news scan from 20 February 2026 at 0529 Eastern Time until 21 February 2026 at 0620 Eastern Time

https://geopoliticsunplugged.substack...