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US Crude Stockpile Hits Highest Since June 2024, Exports Surge

US Crude Stockpile Hits Highest Since June 2024, Exports Surge Oil prices are ripping higher this morning (rebounding aggressively of overnight lows) after US and Israel attacked upstream Iranian energy assets for the first time since the war (While the US struck oil export hub Kharg Island late last week, it limited that attack to military targets began). Iran’s IRGC responded by publishing a list of Gulf energy sites in Saudi Arabia, the United Arab Emirates and Qatar that “have become direct and legitimate targets” following the attack on South Pars, the...
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Mar 16, 2026 / George Ford Smith
Is Another Stone Age in the Making?
As war drums beat again, this time against Iran, we ask ourselves if recklessness from Donald Trump and European and Israeli leaders is pushing us to catastrophe.
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Oct 14, 2026 / Tyler Durden
Bank Of America Tumbles After Trading Miss Across The Board
Bank Of America Tumbles After Trading Miss Across The Board Last night we said Bank of America would use its brand new and "unexpected" $1.2 billion (non tax-deductible) money-laundering penalty as cover for an ugly quarter. This morning it tried to do just that. Just hours after Treasury fined the bank more than $1.21 billion for willfully failing to report over $5 billion in suspicious transactions (and for having "prioritized its revenues" over compliance), BofA reported Q3 results that missed almost everywhere that matters: FICC missed, equities missed, total revenue missed,...
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Jul 2, 2026 / Tyler Durden
Treasure Hunters Recover $100K Silver Bar From Legendary 1622 Shipwreck
Treasure Hunters Recover $100K Silver Bar From Legendary 1622 Shipwreck Treasure hunters searching the waters off the Florida Keys have uncovered a 22-pound silver bar believed to have come from the wreck of the Spanish galleon Nuestra Señora de Atocha, according to a new report from SlashGear.The artifact, estimated to be worth about $100,000, is the first silver bar recovered from the legendary wreck site in nearly three decades. It was discovered by divers working with Mel Fisher's Shipwreck Expeditions during a routine recovery mission. The Atocha was part of a...
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