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Trading the Oil Supply Shock

Oil markets are adjusting. Venezuela’s disruption is removing key barrels from the system at a time when spare capacity is already limited.

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The Night America Turned the Volume Up (1964)

On February 11, 1990, Nelson Mandela walked out of Victor Verster Prison after 27 years behind bars. His release marked a turning point in South Africa’s struggle against apartheid, and signaled the beginning of negotiations that would dismantle a system built on racial segregation.

Mandela had entered prison in 1962 as a political dissident. He emerged in 1990 as a global symbol of reconciliation. The world watched as he raised a clenched fist in quiet triumph, not promising revenge, but urging unity in a deeply divided nation.

Four years later, South Africa would hold its first fully democratic elections, and Mandela would become the country’s first Black president. February 11 stands as a reminder that history can pivot not only on battles or treaties—but on a single set of footsteps crossing a threshold.

Thanks for reading,

The TTC Team

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