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A 'War Of The Oil Refineries' Opens As Israel Bombs Key Tehran Sites, After Which Haifa Refinery Targeted
A 'War Of The Oil Refineries' Opens As Israel Bombs Key Tehran Sites, After Which Haifa Refinery Targeted
Update(1425): Is a tit-for-tat oil depot war opening? This could be the next phase of escalation, already in progress.
Iran's Islamic Revolutionary Guard Corps (IRGC) says it has struck Israel's Haifa refinery, framing the attack as direct retaliation for fresh Israeli strikes on energy infrastructure inside Iran.
The war of the oil refineries: Iran says it targeted tonight a refinery in Israel after an attack on its own refinery in Tehran.
The regional energy infrastructure is getting...
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Mar 25, 2026 / Tyler Durden
Volkswagen May Convert German Auto Plant Into Iron Dome War Factory
Volkswagen May Convert German Auto Plant Into Iron Dome War Factory
Struggling German automaker Volkswagen may soon begin transforming its Lower Saxony factory from producing T-Roc Cabriolets to manufacturing parts for the Iron Dome missile interceptor system, according to a new Financial Times report. This reveals a new reality for the West: a nation's auto industry can become a dual-use industrial base in times of conflict.
FT reports that Israel's Rafael Advanced Defence Systems is in talks with VW regarding its troubled Osnabrück plant to produce Iron Dome components.
"The aim is to...
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May 15, 2026 / Tyler Durden
German SPD Leader Faces Backlash After Claiming Migrants Burdening Welfare System Is A 'Right Wing Extremist' Lie
German SPD Leader Faces Backlash After Claiming Migrants Burdening Welfare System Is A 'Right Wing Extremist' Lie
Via Remix News,
Labor Minister and Social Democratic Party (SPD) co-leader Bärbel Bas (SPD) says nobody is immigrating to Germany to take advantage of its social welfare system. However, she has received substantial pushback directed at her claim.
Bas’ comment came during a session of the Bundestag, when AfD MP René Springer asked Bas why she wasn’t cutting spending on immigration due to the current budget crisis, given the clear burden it is putting on social...
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May 4, 2026 / Tyler Durden
Treasury Boost Quarterly Borrowing Estimate To $189BN: Full Quarterly Refunding Preview
Treasury Boost Quarterly Borrowing Estimate To $189BN: Full Quarterly Refunding Preview
The US Department hiked its estimates for US debt borrowing in the current quarter, citing lower net cash flows.
In a statement published today, and ahead of Wednesday's Quarterly Refunding Announcement, the US Treasury said that it now expects to borrow $189 billion in net debt for the current quarter, up ~$80 billion from the $109 billion it had forecast in February. The estimate assumes a June quarter-end cash balance of $900 billion, the same as the prior forecast.
According to the...
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