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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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Feb 26, 2026 / Dave DeCamp
CENTCOM: US Military’s First Kamikaze Drone Unit Is Ready for Potential Attacks on Iran
The US military’s first kamikaze drone unit is ready for potential strikes on Iran, Bloomberg reported on Thursday, citing a US Central Command official. “We established the squadron last year to rapidly equip our warfighters with new combat drone capabilities that continue to evolve,” Capt. Tim Hawkins told the outlet. CENTCOM first announced in December […]
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Mar 14, 2026 / Tyler Durden
U.S. To Begin 86-Million-Barrel SPR Dump Next Week Via Exchange Program
U.S. To Begin 86-Million-Barrel SPR Dump Next Week Via Exchange Program
The speed of the energy shock rippling out from the U.S.-Iran conflict in the Middle East and the near-paralysis of the Strait of Hormuz forced the 32-member IEA last week to approve a 400-million-barrel release from Strategic Petroleum Reserves to help cushion the blow to the global economy. The bulk of that supply will come from the U.S., with the Trump administration preparing a request to exchange 86 million barrels of crude oil as soon as next Wednesday.
The planned...
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Jan 20, 2023 / Paul Joseph Watson
Davos Attendee: Agenda is to Create a “New World Order”

A Davos speaker explicitly outlined the World Economic Forum’s agenda when he stated that the goal was to create a “new world order.”
The remarks were made during the annual elitist confab yesterday by Bilawal Bhutto Zardari, Pakistan’s Minister of Foreign Affairs.
“Here at WEF…there’s a lot of discussion about what the new world order will be…how do we work towards that new normative international order that allows us to address our differences and disputes as the civilized world,” said Zardari.
