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aTyr Pharma Falls 9% to $0.87 in After-Hours Trading as Revised Phase 3 Strategy Resets Efzofitimod Timeline

aTyr Pharma (Nasdaq: ATYR) slipped 9 per cent to $0.87 in after-hours trading on Tuesday after the clinical-stage biotherapeutics company disclosed a revised Phase 3 strategy for efzofitimod in pulmonary sarcoidosis — a revision prompted by feedback from the US Food and Drug Administration …

Nitish Kishor | 12 May 2026

Geopolitics Broke the Oil Era. Renewables Are Filling the Void.

Energy transitions do not follow clean timelines. They are accelerated by crises, complicated byEconomics, and shaped as much by geopolitical necessity as by technological progress. The Iran conflict, which erased an estimated several million barrels per day of OPEC production in recent months, is …

Nitish Kishor | 12 May 2026

Alaska's Oil Revival: Why the World's Biggest Drillers Are Heading Back North

For nearly a decade, Alaska was written off. Shell (NYSE:SHEL) walked away in 2015 after losing $7bn on a failed offshore campaign. Exxon (NYSE:XOM) directed its exploration capital toward Guyana, where a major discovery in 2015 reshaped its reserve outlook. The North Slope, once …

Nitish Kishor | 12 May 2026

Beyond Tariffs: The Trump-Xi Summit's Quiet Currency Power Struggle

When President Trump and China's President Xi Jinping meet in Beijing this week, the formal agenda will be crowded. Tariffs, Taiwan, and sanctions will command the room. But running beneath every exchange is a contest that receives less attention and carries longer-term consequences: the …

Nitish Kishor | 12 May 2026

Iran Oil Shock Drives Hedge Funds Into Biofuel Commodities

When oil crosses USD 100 per barrel andSupplyroutes through the Strait of Hormuz face sustained disruption, the ripple effects do not stop at the energy complex. They travel into fertiliser markets, food supply chains, and increasingly, into theInvestmentstrategies of globalHedge Funds. The Iran conflict …

Nitish Kishor | 12 May 2026

Treasury yields climb as oil tops USD 100 and inflation data looms

U.S. Treasury yields pushed higher on Tuesday across the entire curve. The benchmark 10-year note added one basis point to 4.43%, the 30-year breached 5%, and the rate-sensitive 2-year climbed more than two basis points to 3.97%. Taken individually, none of these moves is …

Nitish Kishor | 12 May 2026

Trump's Gas Tax Holiday: Can an 18-Cent Fix Solve a $4.52 Problem?

On Monday, President Donald Trump walked into the Oval Office and handed American motorists an 18-cent promise. Asked whether he would suspend the federal gasoline tax, he replied: "Yeah, I'm going to reduce it," until, he added, "it's appropriate." With pump prices averaging USD …

Nitish Kishor | 12 May 2026

The $5.4 Trillion Illusion: How AI Is Hiding the Iran War's Market Damage

Two months into an active military conflict involving the United States, Israel, and Iran, globalEquitymarkets have done something unexpected. They have gone up. The world's largest publicly listed companies have collectively added USD 5.4 trillion inMarket Capitalisationsince hostilities began in late February 2026, a …

Nitish Kishor | 12 May 2026
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