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"Please, Please, Please": Denmark's Energy Minister Begs Citizens To Stop Driving As Global Energy Shock Spreads

"Please, Please, Please": Denmark's Energy Minister Begs Citizens To Stop Driving As Global Energy Shock Spreads Iran launched another round of overnight strikes on tankers and Gulf energy infrastructure, sending Brent crude back above $101/bbl and sparking fears that chaos in the Middle East has triggered what the IEA warned could be the largest-ever supply disruption in the history of the global oil market. "The war in the Middle East is creating the largest supply disruption in the history of the global oil market," the IEA said on Wednesday. With the record...
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May 12, 2026 / Tyler Durden
India More Than Doubles Gold, Silver Tariffs To Defend Crashing Rupee
India More Than Doubles Gold, Silver Tariffs To Defend Crashing Rupee One day after vehemently denying speculation that India plans to raise duties on gold and silver imports following ​Prime Minister Narendra Modi's urging people to ​avoid buying ​gold for a year ‌due ⁠to the impact of the Iran war, India did in fact raise import tariffs on gold and silver in an attempt to defend its currency, a surprise move as the country races to limit the damage from the Middle East war and to shore up foreign-exchange reserves. The government has...
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Apr 22, 2026 / Tyler Durden
Trump Extends Ceasefire By 3-5 Days After Iran Attacks Third Ship In Hormuz Chokepoint
Trump Extends Ceasefire By 3-5 Days After Iran Attacks Third Ship In Hormuz Chokepoint Summary At least two fully laden Iranian tankers slip past US naval blockade, amid reports of more going dark: BBG Trump extends ceasefire by 3-5 days, per White House statement to Fox. IRGC seized the MSC Francesca and a Greek-owned ship named Euphoria, which had been attempting to transit the Hormuz chokepoint earlier today. Within hours, a third ship comes under fire by the IRGC. Senior Iranian adviser says the US naval blockade is "no different than bombing" and must be met "with...
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Jun 8, 2026 / Tyler Durden
Goldman And UBS Preview Apple's WWDC: AI Siri Takes Center Stage
Goldman And UBS Preview Apple's WWDC: AI Siri Takes Center Stage Apple's annual Worldwide Developers Conference (WWDC) begins this afternoon at 1 p.m. EST at Apple Park in Cupertino, Calif. Ahead of WWDC, Goldman analysts led by Michael Ng provided clients with a preview of what to expect, including the unveiling of a long-delayed AI-enhanced Siri and operating system version "27" across iOS, macOS, watchOS, tvOS, and visionOS. The new AI-enhanced Siri will include many delayed features from WWDC24, such as on-screen awareness, personal context, and deeper integration across apps, including...
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