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G-7 Leaders Reject SPR Release Plan, But 'Stand Ready' After Initial Jawbone Efforts Fade
G-7 Leaders Reject SPR Release Plan, But 'Stand Ready' After Initial Jawbone Efforts Fade
Update (1055ET):
G-7 finance ministers used headlines in Asia, including calls for a meeting to discuss an SPR release, as a purely performative attempt to calm chaotic energy markets.
Now that the emergency meeting is over, the group of leaders failed to agree on releasing crude supplies. Those headlines briefly hit Brent down from around $119/bbl to near $100, but once again, it appears to have been little more than a circus act as world leaders stare directly...
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May 5, 2026 / Tyler Durden
DOJ Sues Minnesota To Block Climate Lawsuit Targeting Energy Companies
DOJ Sues Minnesota To Block Climate Lawsuit Targeting Energy Companies
Authored by Bill Pan via The Epoch Times (emphasis ours),
The U.S. Department of Justice (DOJ) is suing Minnesota over the state’s own climate lawsuit against major energy companies.
Pumpjacks operate near the site of a new oil and gas well being drilled in Midland, Texas, on April 8, 2022. Eli Hartman/Odessa American via AP
The complaint, filed Monday in the U.S. District Court for the District of Minnesota, accuses state officials of trying to impose their own climate policies on domestic energy...
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Apr 20, 2026 / Tyler Durden
DOJ Shakeup In Florida Signals Major Escalation In Russiagate Criminal Probe
DOJ Shakeup In Florida Signals Major Escalation In Russiagate Criminal Probe
The Department of Justice appears to be gaining fresh momentum in its criminal investigation into the 2016 Trump-Russia collusion narrative, with a significant overhaul of the team handling the case in southern Florida.
According to investigative journalist Julie Kelly’s reporting at Declassified.live, longtime Trump legal advisor Joe diGenova - a former U.S. Attorney and prominent commentator - will be sworn in Monday as counsel to the attorney general. He will assume leadership of the ongoing grand jury probe based in...
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Jun 4, 2026 / Tyler Durden
Feds Raid Newport Mansion, Arrest Businessman Accused Of Routing U.S. Technology To Iran
Feds Raid Newport Mansion, Arrest Businessman Accused Of Routing U.S. Technology To Iran
Federal authorities arrested 63 year old Newport Coast technology executive Jamshid Ghomi during an early-morning operation at his luxury Orange County residence on Wednesday, according to the NY Post.
He faces federal charges related to alleged violations of U.S. sanctions against Iran.
Investigators claim Ghomi orchestrated a long-running scheme to obtain American-made networking and computer equipment and funnel it to customers in Iran, including organizations tied to the country's military and nuclear sectors. According to prosecutors, the operation generated...
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