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Satellite Data Shows Iran Moving Crude Through Hormuz Chokepoint, Putting Kharg Island In Focus
Satellite Data Shows Iran Moving Crude Through Hormuz Chokepoint, Putting Kharg Island In Focus
Ten days into the U.S.-Israeli Operation Epic Fury against Iran, which has forced shut-ins at major Gulf oil and gas facilities, disrupted production at key oil fields, sent stockpiles soaring, sparked a global energy crisis (Brent crude hit $119/bbl highs overnight) and severely disrupted commercial shipping through the Strait of Hormuz, the world's most critical energy chokepoint, new satellite imagery data from TankerTrackers, first cited by Bloomberg, suggests Tehran has recently moved substantial volumes of crude...
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suggested
Apr 16, 2026 / Dave DeCamp
Israeli Strike in Gaza Kills Two Brothers as IDF Continues Its Constant Ceasefire Violations
Israeli attacks in Gaza on Thursday have killed at least two Palestinians and injured several others, the Palestinian news agency WAFA has reported, as constant Israeli violations of the US-backed ceasefire deal continue. WAFA reported that two brothers, Abdel Malek and Abdel Sattar Al-Attar, were killed when an Israeli drone struck the vicinity of a […]
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May 8, 2026 / Larry C. Johnson
The Gulf Separating the US and Iran is Too Wide to Bridge
As I pointed out in my last article, someone in the Trump administration who has been briefed on Trump’s upcoming statements about the war in Iran made a financial killing yesterday. This is part of a continuing pattern of deliberate deception by Trump, i.e., pretending there is great progress with talks with Iran, which in […]
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May 12, 2026 / Tyler Durden
Millions Of Student Borrowers Are Defaulting: They Are 40 Years Old On Average
Millions Of Student Borrowers Are Defaulting: They Are 40 Years Old On Average
The NY Federal published its latest report on Household Debt and Credit for the first quarter: the report showed total household debt increased by $18 billion, just a 0.1% increase, in Q1 2026, to $18.8 trillion.
Some details:
Mortgage balances shown on consumer credit reports grew slightly by $21 billion during the first quarter of 2026 and totaled $13.19 trillion at the end of March.
Balances on home equity lines of credit (HELOC) rose by $12 billion, marking the 16th...
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