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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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Feb 28, 2026 / Tyler Durden
Russia Condemns US Attack On Iran, Warns Of Possible 'Radiological Catastrophe'
Russia Condemns US Attack On Iran, Warns Of Possible 'Radiological Catastrophe'
As fully predictable, Moscow has blasted the major overnight and early morning US-Israeli strikes on Iran, calling the attack "a preplanned and unprovoked act of armed aggression against a sovereign and independent U.N. member state" and has demanded an immediate halt to the military campaign and a return to diplomacy.
The Foreign Ministry in a statement on Telegram accused Washington and Tel Aviv of "hiding behind" concerns about Iran’s nuclear program while actually pursuing regime change, as also cited in...
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Apr 5, 2026 / Tyler Durden
Feds Clear Path To Keep California's Last Nuclear Power Plant Open For 20 More Years
Feds Clear Path To Keep California's Last Nuclear Power Plant Open For 20 More Years
Federal regulators have approved keeping the Diablo Canyon nuclear plant running for decades longer, granting 20-year license renewals for its two reactors, according to Yahoo/San Fran Chronicle.
Located on the San Luis Obispo County coast, Unit 1 is now cleared to operate through 2044 and Unit 2 through 2045.
The decision marks a significant win for Gov. Gavin Newsom, who pushed in 2022 to delay the facility’s closure in order to avoid power shortages during California’s transition...
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Mar 30, 2026 / Tyler Durden
Watch Live: Fed Chair Powell Speaks At Harvard University
Watch Live: Fed Chair Powell Speaks At Harvard University
Fed Chair Jerome Powell, who has just over a month left in his tenure as head of the world's most important central bank, speaks at 10:30am ET to the Harvard University Principles of Economics class. He is not expected to make monetary policy comments.
As CNBC notes, this will be one of Powell’s final scheduled public appearances before his term ends in May. The discussion comes with markets anticipating the central bank will be on hold regarding interest rates through the end...
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