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IEA Delivers No SPR Action After Extraordinary Meeting As Crude Jawboning Mania Enters Day Two

IEA Delivers No SPR Action After Extraordinary Meeting As Crude Jawboning Mania Enters Day Two Update (1514ET):  For a second straight day, G-7 leaders attempted to push crude prices lower with headlines about an "emergency meeting" to discuss a possible Strategic Petroleum Reserve (SPR) release aimed at containing Brent and WTI crude prices. However, by late afternoon in New York, the Financial Times reported that the International Energy Agency (IEA) had concluded the meeting without reaching a decision on a coordinated release of crude stockpiles. Today's slide in Brent and WTI was...
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Jul 8, 2026 / Dave DeCamp
US Begins Bombing Iran for the Second Night
US Central Command said on Wednesday that the US started bombing Iran again, marking the second night of US strikes, which came after President Trump said the US-Iran Memorandum of Understanding was “over” and threatened more attacks. Iranian media reported explosions near several Iranian cities along the coast, including Bandar Abbas, Sirik, Konarak, and Chabahar, […]
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Aug 27, 2026 / Tyler Durden
FDA Clears Blood Test To Detect Signs Of Alzheimer's Disease
FDA Clears Blood Test To Detect Signs Of Alzheimer's Disease Federal regulators have cleared a blood test aimed at detecting signs of Alzheimer's disease. The Food and Drug Administration cleared a blood test known as Elecsys pTau-217 for people aged at least 55 who have shown signs of, or have been complaining of, cognitive decline, Roche announced on Aug. 24. The test, which can be used by primary care doctors and specialists, detects a biomarker called plasma phosphorylated tau 217. In a study that ran from 2004 to 2025 and was published...
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Jul 15, 2026 / Tyler Durden
UK Adopts 'No Gain, No Loss' Tax Treatment For Crypto Lending And Liquidity Pools
UK Adopts 'No Gain, No Loss' Tax Treatment For Crypto Lending And Liquidity Pools Authored by Micah Zimmerman via BitcoinMagazine.com, The United Kingdom’s HM Revenue & Customs will treat certain disposals involving cryptoasset loans and liquidity pools as “no gain, no loss,” deferring Capital Gains Tax until a user makes an economic disposal of the underlying cryptocurrency. The measure, published Monday, takes effect 6 April 2027 and applies to individuals and trustees who enter cryptoasset loan and liquidity pool arrangements, according to the policy paper.  It amends the Taxation of Chargeable Gains Act 1992. The rules cover three scenarios....
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