Dorsey's Block Fires Nearly Half Of The Company In 'Massive' AI Bet, Sending Shares Soaring

Chevron, ConocoPhillips Warn About "Critical Shortages" Of Oil, Soaring Prices And Demand Destruction This morning, most of the world's energy giants including Exxon and Chevron, reported stellar earnings as surging oil prices more than offset curtailed output. They also issued several loud warnings about the ongoing Hormuz blockage which is no closer to resolution.  ConocoPhillips was first, warning of imminent “critical shortages” of oil for some nations as the Iran war that has crippled global energy flows enters its third month.  The supply crunch that already pushed Brent prices up more than...

Netanyahu, the Israel Lobby, and warmongers like Mark Levin have put Republicans in danger of losing control of Congress. On August 3, the Drudge Report carried a story that said GOP Senate candidates were now facing surprisingly close races in reliably Republican states like Kansas, Nebraska and Iowa and were behind in Republican-held seats in […]

DOJ, CTFC Investigating $2.6 Billion In Suspicious Iran War Oil Trades U.S. authorities are investigating more than $2.6 billion in oil futures shorts that landed within minutes of major announcements tied to the 2026 U.S.-Iran conflict. The Department of Justice (DOJ) has joined the Commodity Futures Trading Commission (CFTC) in a widening inquiry into potential misuse of material non-public information in one of the most liquid and geopolitically sensitive commodity markets on earth, ABC News reports. The trades in question involved bets that oil prices would fall shortly before major U.S. or Iranian...