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Supertanker Rates Hit Six-Year High: Here's What Driving It
Supertanker Rates Hit Six-Year High: Here's What Driving It
Global very large crude carrier (VLCC) rates have jumped to six-year highs due to two recent catalysts: first, a growing war-risk premium tied to the possibility of a US-Iran conflict, and second, ongoing consolidation in fleet ownership that is tightening vessel availability.
Let's begin by noting that war-risk insurance premiums are rapidly being priced into VLCC tanker rates. The Strait of Hormuz has once again come into focus as the world's most important energy chokepoint, where any flare-up in a US-Iran...
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Apr 22, 2026 / Tyler Durden
Watch: Jon Stewart Gives Trump Rare Credit
Watch: Jon Stewart Gives Trump Rare Credit
Authored by Steve Watson via Modernity.news,
President Trump’s executive order to slash red tape and accelerate psychedelic therapies for America’s veterans is drawing praise from an unlikely source: Jon Stewart.
In a segment on his show, the longtime Trump critic paused his usual routine to acknowledge the move, calling it a genuine win for those who served.
The order, signed just days earlier in the Oval Office with Joe Rogan present, directs the FDA to fast-track reviews of promising treatments like ibogaine for PTSD, traumatic brain...
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May 7, 2026 / Tyler Durden
Marijuana Vendors Sued For Allegedly Not Warning Consumers Of Risks
Marijuana Vendors Sued For Allegedly Not Warning Consumers Of Risks
Authored by Matthew Vadum via The Epoch Times,
Companies that legally sell recreational marijuana to adults are being sued in Illinois and Connecticut for allegedly not warning customers of the possible health problems caused by the drug.
Attorneys for the plaintiffs say these proposed class actions—four in all—that were filed May 4 in federal and state courts are the first of their kind. Federal and state court rules govern whether a class action gets certified and is allowed to proceed.
The lawsuits come...
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Apr 28, 2026 / Tyler Durden
Jim Quinn: Kill Switch Of Freedom




