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US Says It Will Allow Sale of Some Venezuelan Oil to Private Companies in Cuba
The US Treasury Department’s Office of Foreign Assets Control said on Wednesday that it would allow some sales of Venezuelan oil to private businesses in Cuba, marking an easing of the US oil embargo, though it’s unclear if the limited sales will bring real relief to the island. The OFAC statement said that its new […]
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May 5, 2026 / Tyler Durden
Mexico's Claudia Sheinbaum Is Caught Between A Rock And A Hard Place
Mexico's Claudia Sheinbaum Is Caught Between A Rock And A Hard Place
Authored by Nick Corbishley via NakedCapitalism.com,
The rock is the rising threat of US military intervention in Mexico; the hard place is Sheinbaum’s own party’s narco-politicians.
Late last week, as Mexico was still reeling from revelations that CIA agents are operating in Chihuahua, in direct violation of Mexico’s constitution and sovereignty, the Sheinbaum government received an extradition request from Washington for 10 Sinaloa-based individuals. They included the state’s governor, Rubén Rocha, and its senator, Enrique Inzunza Cázares.
The indictments pose the...
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Apr 28, 2026 / Tyler Durden
Pentagon Investigates Mystery Fire At UK Base Used For Bombing Iran
Pentagon Investigates Mystery Fire At UK Base Used For Bombing Iran
The US Air Force has reportedly opened an investigation into a fire that broke out over the weekend at RAF Fairford in the UK. Crucially, it is a key US-allied base hosting a US bomber unit carrying out strikes on Iran as part of Trump's Operation Epic Fury.
The fire started early Sunday inside an "old or disused building" at the airbase, a UK defense ministry spokesperson has said. The Pentagon is investigating alongside local partners: "An investigation has been initiated...
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Apr 14, 2026 / Tyler Durden
Futures Rise, Nasdaq Up 10 Days In A Row, On Iran De-escalation Optimism
Futures Rise, Nasdaq Up 10 Days In A Row, On Iran De-escalation Optimism
US equity futures, and global stocks rise while oil slides on a Reuters report that negotiating teams from the US and Iran could return to Pakistan later this week to resume negotiations to end the war in the Gulf, days after the first peace talks ended without a breakthrough, with chatter from Pakistani media that Trump is said to be in attendance. As of 8:00am ET, S&P 500 futures are up 0.2% while Nasdaq 100 contracts add 0.4%,...
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