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US Energy Chief Says Oil 'Fear Premium' Over Iran Is Temporary, Says Prices To Fall In 'Weeks, Not Months'

US Energy Chief Says Oil 'Fear Premium' Over Iran Is Temporary, Says Prices To Fall In 'Weeks, Not Months' Energy Secretary Chris Wright made the rounds on network TV Sunday to reassure viewers that the sharp rise in oil and gas prices due to the Iran war - which Trump has no problem sticking US consumers with for a while - would prove short-lived, and has downplayed the spike as a transient "fear premium" vs. a fundamental supply issue. In conversations to CBS, CNN, and Fox News, wright emphasized that global energy markets remain well-supplied despite...
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Jul 15, 2026 / Tyler Durden
Federal Regulators Direct Banks To Scrutinize Loans To Illegal Aliens
Federal Regulators Direct Banks To Scrutinize Loans To Illegal Aliens Authored by AG News Staff via American Greatness, Federal banking regulators have closed a long-standing loophole that allow illegal immigrants borrow money from U.S. financial institutions with little scrutiny of their legal status. The Office of the Comptroller of the Currency (OCC), the Federal Deposit Insurance Corporation (FDIC), and the National Credit Union Administration (NCUA) jointly advised that banks "might consider" requiring customers to produce "evidence of continuing work authorization" and other documentation when assessing whether a borrower can repay a loan....
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Jun 16, 2026 / Tyler Durden
San Francisco Judge Dismisses xAI Trade Secret Lawsuit Against OpenAI
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Jun 17, 2026 / Dave DeCamp
Russia Says Ukrainian Drone Hit Bus Carrying Children in Russia’s Bryansk Region
Russian officials said on Wednesday that a Ukrainian drone hit a bus carrying a children’s soccer team from Belarus in Russia’s Bryansk Oblast, as civilian casualties continue to rise in both Ukraine and Russia. For its part, the Ukrainian military denied responsibility, claiming that it wasn’t carrying out drone attacks in Bryansk at the time. […]
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