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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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Sep 2, 2026 / Tyler Durden
FBI Now Says Past Prostitution And Theft May Not Disqualify Applicants
FBI Now Says Past Prostitution And Theft May Not Disqualify Applicants
The FBI has reportedly loosened some of its automatic disqualifiers for prospective employees, allowing applicants with certain past conduct to be considered on a case-by-case basis, according to The Times Of India.
Under the revised standards, previously hiring a sex worker is no longer necessarily disqualifying. Applicants may still be eligible if it happened fewer than three times and the most recent incident was more than 10 years ago.
The change partly accounts for cases in which prostitution was legal where...
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Mar 24, 2026 / Tyler Durden
Oil Tumbles, Stocks Surges As Israeli TV Reports Imminent 'One Month Ceasefire' Announcement
Oil Tumbles, Stocks Surges As Israeli TV Reports Imminent 'One Month Ceasefire' Announcement
Summary
US seeks a one-month ceasefire with a framework to end the war, according to Israel Channel 12 reports
WSJ, Fox reporting 3,000 elite Army Airborne soldiers to be ordered to Middle East. Axios says US awaits Iran response to proposed Thursday peace talks. Trump says Iran has been destroyed "militarily".
Backchannel diplomacy vs skepticism: Abbas Araghchi reportedly signaled openness to negotiations with the US via envoy Steve Witkoff, but Israel has appeared cool on deal prospects or offramp.
Heavy exchange of fire and...
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Mar 27, 2026 / Tyler Durden
China Dismisses Report Of Top Chipmaker Aiding Iranian Forces As "Fake News"
China Dismisses Report Of Top Chipmaker Aiding Iranian Forces As "Fake News"
Beijing moved into damage-control mode on Friday, with its foreign ministry dismissing a Reuters report that cited two senior Trump administration officials alleging that SMIC, China's largest chipmaker, had sent chipmaking tools to Iran, as "false information."
Asked about the report at a regular news conference in Beijing, foreign ministry spokesman Lin Jian said he was "not familiar with the situation" and added, "What I can tell you is that recently, some media have been keen on releasing...
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