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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 26, 2026 / Kyle Anzalone
Senate Majority Leader: Any War with Iran Should Result in Regime Change
Senate Majority Leader John Thune said that any strikes on Iran should be aimed at causing regime change in Tehran. “In my view, if you’re going to do something there, you better well make it about getting new leadership and regime change,” the Senator said on Thursday. “If you’re going to take some sort of […]
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Feb 17, 2026 / Tyler Durden
Russia Pounded By Biggest Ukrainian Drone Swarm Since January Ahead Of Geneva Talks
Russia Pounded By Biggest Ukrainian Drone Swarm Since January Ahead Of Geneva Talks
Russia's Defense Ministry on Tuesday is reporting an overnight and early morning attack which marked the largest drone assault from Ukraine since early January.
Russian air defenses shot down more than 150 Ukrainian drones in the attack which included hundreds of UAVs sent in total, as officials from both sides are imminently expected meet in Switzerland for another round of peace talks.
via Reuters
According to the ministry, 79 drones were intercepted over the Black Sea and the Sea of...
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Mar 4, 2026 / Tyler Durden
Watch: Bessent Teases 'Series Of Announcements' To Stabilize Oil; Says Trump's 15% Tariff Will Kick In This Week
Watch: Bessent Teases 'Series Of Announcements' To Stabilize Oil; Says Trump's 15% Tariff Will Kick In This Week
Authored by Andrew Moran via The Epoch Times (emphasis ours),
President Donald Trump’s 15 percent global tariff will take effect sometime this week, Treasury Secretary Scott Bessent said.
Following the Supreme Court’s rebuke of the president’s signature economic policy last month, Trump imposed a 10 percent global tariff, invoking Section 122 of the Trade Act of 1974. A day later, Trump pledged to raise the rate to 15 percent.
Treasury Secretary Scott Bessent testifies before...
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