Article
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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New Jersey May Pay Home Battery Owners To Help Grid When Demand Surges
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New Jersey officials are weighing a plan that would allow homeowners to use batteries as emergency energy backups and a way to earn extra money. Under the proposal, storage systems installed at customers' homes could join a virtual power plant program, helping the grid when electricity demand surges and paying participants for taking part.
On July 15, the New Jersey Board of Public Utilities issued a straw proposal for a two-year, technology-neutral VPP. The state's electric distribution companies would...
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Oct 7, 2026 / Kyle Anzalone
North Korea Expresses Support for Russia’s War, Condemns US Support for Taiwan
North Korea’s Supreme Leader Kim Jong Un said he will continue to support Russia as it wages war against Ukraine. Additionally, North Korean state media published an article condemning US support for Taiwan. “It is the steadfast policy of the DPRK government and my unshakable option to attach importance to the comprehensive strategic partnership and […]
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May 28, 2026 / Tyler Durden
Texas Authorities Arrest 6 Chinese "Special Interest Aliens" In Camouflage
Texas Authorities Arrest 6 Chinese "Special Interest Aliens" In Camouflage
Authored by Tom Ozimek via The Epoch Times,
Texas authorities arrested six Chinese nationals dressed in camouflage who were allegedly attempting to evade capture after crossing the border illegally into the United States, officials said, describing them as "special interest aliens."
U.S. Border Patrol agents monitor the Southern border outside of San Diego, on May 27, 2026. John Fredricks/The Epoch Times
Lt. Chris Olivarez, a spokesperson for the Texas Department of Public Safety (DPS), said on May 27 that the Chinese nationals were...
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