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U.S. To Begin 86-Million-Barrel SPR Dump Next Week Via Exchange Program
U.S. To Begin 86-Million-Barrel SPR Dump Next Week Via Exchange Program
The speed of the energy shock rippling out from the U.S.-Iran conflict in the Middle East and the near-paralysis of the Strait of Hormuz forced the 32-member IEA last week to approve a 400-million-barrel release from Strategic Petroleum Reserves to help cushion the blow to the global economy. The bulk of that supply will come from the U.S., with the Trump administration preparing a request to exchange 86 million barrels of crude oil as soon as next Wednesday.
The planned...
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Countdown Begins: Former Central Bank Advisor Warns Food-Price Shock Could Hit "Within 6 To 9 Months"
Countdown Begins: Former Central Bank Advisor Warns Food-Price Shock Could Hit "Within 6 To 9 Months"
Alexandra Prokopenko, a fellow at the Carnegie Russia Eurasia Center and a former advisor at the Bank of Russia, warned on X that the near-shutdown of the Strait of Hormuz has triggered an energy shock that risks morphing into a "slower, more consequential story": fertilizers.
"A near-shutdown of the Strait of Hormuz is triggering a supply shock that will show up in food prices 6–9 months from now," Prokopenko wrote on X, adding, "Putin's gains...
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Apr 4, 2026 / Tyler Durden
DHS Rescinds Policy Requiring Secretary Review Of Contracts Above $100,000
DHS Rescinds Policy Requiring Secretary Review Of Contracts Above $100,000
Authored by Kimberly Hayek via The Epoch Times (emphasis ours),
The Department of Homeland Security (DHS) rescinded a policy on March 31 that required the department secretary to personally approve every contract and grant exceeding $100,000.
U.S. Immigration and Customs Enforcement at the Department of Homeland Security in Washington on Feb. 17, 2026. Madalina Kilroy/The Epoch Times
Homeland Security Secretary Markwayne Mullin issued the reversal across all DHS components, including Customs and Border Protection (CBP) and U.S. Immigration and Customs Enforcement (ICE). The...
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