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U.S. Waives Jones Act After Iran Gas Field Attack
U.S. Waives Jones Act After Iran Gas Field Attack
Shortly after Israeli fighter jets struck Iran's upstream oil and natural gas production assets for the first time in Operation Epic Fury, sending WTI futures to $98.5/bbl, the Trump administration appears to have pulled another emergency lever from JPMorgan's six-option playbook we recently outlined: a 60-day Jones Act waiver that allows foreign-flagged ships to transport oil, gas, refined products, fertilizer, and related energy cargoes between US ports to boost domestic energy flows and ensure shipping capacity does not become a bottleneck.
Bloomberg...
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Feb 18, 2026 / Tyler Durden
Trump Unveils Japan's First Wave Of Mega US Investments: Oil, Gas, Minerals From Ohio To The Gulf
Trump Unveils Japan's First Wave Of Mega US Investments: Oil, Gas, Minerals From Ohio To The Gulf
Details of the much anticipated US-Japan trade mega deal have finally been revealed. First, Trump previewed in a Truth Social post on Tuesday: "Our MASSIVE Trade Deal with Japan has just launched!" He then boasted that "The scale of these projects are so large, and could not be done without one very special word, TARIFFS."
The total $550 billion commitment features Japanese plans to invest up to $36 billion in US oil, gas and critical...
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Apr 10, 2026 / Tyler Durden
"We're Really In Uncharted Territory..."
"We're Really In Uncharted Territory..."
Authored by James Howard Kunstler,
Games Nations Play
“I am sick of serving in Congress with immoral freaks who abuse their office and bring dishonor to the institution.”
- Rep Anna Paulina Luna
You have entered the season of chaos. Better get used to it. The center quit holding a long time ago, and now even the margins are quivering. Buckle up and batten down. It will probably get rougher and weirder. Struggle is everywhere.
Iran Declares Victory
Will Iran reopen Hormuz or not? They really only have days to stop...
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Apr 8, 2026 / Dave DeCamp
Iranian Media: Iran Halting Traffic Through the Strait of Hormuz in Response to Israel’s Attacks on Lebanon
Iranian media reported on Wednesday that Iran has halted traffic through the Strait of Hormuz in response to Israel’s escalations and its continued bombing campaign in Lebanon. “The passage of oil tankers through the Strait of Hormuz has been halted following Israel’s attacks on Lebanon,” Iran’s Fars news agency has reported. Pakistan Prime Minister Shehbaz […]
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