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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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Jun 26, 2026 / Tyler Durden
OpenAI Plans Delaying IPO Until 2027, Blames SpaceX
Apr 17, 2026 / Tyler Durden
Futures Storm Higher Into Record Territory On Now Daily Ceasefire Hopium
Futures Storm Higher Into Record Territory On Now Daily Ceasefire Hopium
Stocks are pushing higher again on the same old regurgitated news: namely speculation that a deal to end the war between the US and Iran is getting closer, the same exact "speculation" that has pushed the Nasdaq higher for what will now be 13 days in a row, and the same speculation that may keep pushing stocks even higher until the reality of no ceasefire sends risk plunging in a few days. For now however, it is sufficient to lift markets thanks...
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Jun 7, 2026 / Tyler Durden
Choose One: Housing Is Shelter, Or Housing Is Just Another Asset In A Bubble Economy
Choose One: Housing Is Shelter, Or Housing Is Just Another Asset In A Bubble Economy
Authored by Charles Hugh Smith via Of Two Minds,
This will get massive pushback because it's true: either Housing Is Shelter, or Housing Is Just Another Asset in a Bubble Economy - it can't be both. This reality gets pushback because the conversion of housing from shelter into just another asset bubbling higher in a bubble-dependent economy has been so profitable for those inflating the bubble.
The basic pushback goes like this: housing has always been an...
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