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Trump Set To Suspend Jones Act To Help Tame Oil Prices

Trump Set To Suspend Jones Act To Help Tame Oil Prices One day after the Trump administration flip-flopped on using the Strategic Petroleum Reserve (SPR) - eventually deciding to release 172 million barrels to try and counter the rising price of oil, they're now planning to issue temporary waivers for a century-old maritime law, the Jones Act, that requires American-built ships to be used to transport goods between US ports, in yet another attempt to control crude.  Under the plan, 30-day waivers would be issued that would allow foreign tankers to help supply refiners on...
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Oct 20, 2026 / Dave DeCamp
Saudi Airstrike Kills Eight Yemeni Fishermen
Saudi airstrikes struck two fishing boats off the coast of Yemen on Tuesday, killing at least eight fishermen, according to Yemeni media. According to the SABA news agency, vessels were struck off the al-Kadha coast in the Dhubab district of Yemen’s southwestern Taiz province near the Bab el-Mandeb Strait, an area that was under the […]
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May 11, 2026 / Tyler Durden
India Rejects Russian LNG Under Sanctions
India Rejects Russian LNG Under Sanctions India rejected Russia’s offer ​to sell it liquefied natural gas subject to US sanctions, despite a huge shortfall driven by Middle East tensions, leaving a tanker bound for India in limbo as talks continue on permitted cargoes, Reuters reports. The stance highlights the fine balance the world’s third-biggest oil importer and consumer is seeking to strike between securing energy supplies and avoiding LNG cargoes on which the U.S. has ​placed sanctions, which are harder to disguise and carry greater compliance risk. It also underscores the limits...
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May 8, 2026 / Tyler Durden
Ancient Settlement Older Than The Pyramids Discovered; Rewrites North American History
Ancient Settlement Older Than The Pyramids Discovered; Rewrites North American History Authored by Steve Watson via modernity.news, An ancient Indigenous settlement unearthed near Sturgeon Lake in Saskatchewan is challenging long-held views about early human presence in North America. Dating to around 11,000 years ago and predating Egypt’s Great Pyramid by more than 6,000 years, according to the official timeline, the site provides evidence of long-term habitation rather than temporary camps. Archaeologists working with Sturgeon Lake First Nation uncovered stone tools, fire pits, toolmaking materials, and remains of the extinct Bison antiquus. Charcoal layers...
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