The Sy Hersh effect: killing the messenger, ignoring the message

Oil Declines As Iran Says 'Understanding' Reached In US Nuclear Negotiation The second round of indirect negotiations between the United States and Iran concluded in Geneva, Iran's semi-official Students' News Agency (ISNA) reported Tuesady. Delegations from both sides left the venue following the talks, however, the Iranian side says it's ready to stay in Switzerland for days or even weeks if needed, in order to reach a deal and stave off military attack by Washington. Oil is dumping on the following headline issued an hour after conclusion: IRAN FOREIGN MINISTER SAYS...

Indian Scrapyards Welcome Growing Number Of Dark Fleet Tankers By Tsvetana Paraskova of OilPrice.com At least three vessels sanctioned by the United States have arrived in recent weeks at the demolition hub of Alang on India’s west coast, following a record 15 dark fleet tankers sent to these scrapyards last year, as the business rebounds despite concerns about dealing with sanctioned ships.   The Woodchip, built in 1993 and sanctioned by the U.S. in 2021 under one of its previous names, is the third tanker to have arrived at Alang in less than...

1, 2, 3, 4, 5 And 5, 4, 3, 2, 1 By Michael Every of Rabobank Depressingly, today marks the start of the fifth year of the Ukraine War: a battered Ukraine is still standing against a bruised Russia; the US is still aiming for a peace deal so it can pivot to Asia; and Europe --even as it knows it has to look after both Ukraine and its own conventional defenses after decades of having this provided for it-- is still trying to get its act together. Despite its rhetoric, with...