Trump Says ‘We Make a Lot of Money’ When Oil Prices Go Up as His Iran War Makes Americans Pay More at the Pump

Chevron, ConocoPhillips Warn About "Critical Shortages" Of Oil, Soaring Prices And Demand Destruction This morning, most of the world's energy giants including Exxon and Chevron, reported stellar earnings as surging oil prices more than offset curtailed output. They also issued several loud warnings about the ongoing Hormuz blockage which is no closer to resolution.  ConocoPhillips was first, warning of imminent “critical shortages” of oil for some nations as the Iran war that has crippled global energy flows enters its third month.  The supply crunch that already pushed Brent prices up more than...

CoreWeave Expands Meta AI Deal To $21 Billion, Issues $4.25 Billion In New Convertible & Junk Debt CoreWeave has expanded its agreement to supply Meta with AI computing capacity, lifting the total value of the deal to $21 billion, as reported by Bloomberg. The updated terms extend AI cloud services through December 2032. This means that circular financing circle jerk we've been tracking since last year continues. LOL *COREWEAVE INKS $14 BILLION META DEAL TO SUPPLY COMPUTING POWER ye daily circle jerk — zerohedge (@zerohedge) September 30, 2025 The deal underscores a broader truth in the...

The US said on Thursday that its embassy in Kyiv remains open despite claims to the contrary and Russia’s threats to launch a major attack on the Ukrainian capital city targeting military targets and “decision-making centers.” Earlier this week, Russia issued a warning to the US and its European allies to evacuate their personnel from […]