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US May Lift Some Oil Sanctions on Iran as Oil Price Climbs
As the war in the Middle East escalates to attacks on energy infrastructure, the White House is taking extensive measures to put downward pressure on oil prices. Treasury Secretary Scott Bessent told Fox Business’s Maria Bartiromo on Thursday that the US had lifted some oil sanctions on Russia and could also remove some Iranian tankers […]
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Apr 1, 2026 / Tyler Durden
Israel Halts Arms Purchases From France In Rebuke For Iran War Stance
Israel Halts Arms Purchases From France In Rebuke For Iran War Stance
Israel on Tuesday took the drastic step of announcing that it will halt the acquisition of defense-related goods and services from France, according to an Israeli Defense Ministry announcement.
"The Director General of the Israel Ministry of Defense. Maj. Gen. (Res.) Amir Baram has decided to reduce all defense procurement from France to zero, replacing it with domestic Israeli procurement or purchases from allied countries," a Defense Ministry spokesperson confirmed.
via Reuters
The move is being done in direct rebuke to...
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Jun 16, 2026 / Tyler Durden
China Revives Heavy Naval Firepower With New 155mm Gun That "Could Support An Attack On Taiwan"
China Revives Heavy Naval Firepower With New 155mm Gun That "Could Support An Attack On Taiwan"
As modern naval combat increasingly relies on aircraft, missiles and unmanned systems, China is investing in a capability many navies have largely moved away from: heavy naval artillery, according to South China Morning Post.
Recent reports indicate that the PLA Navy is testing a new 155mm naval gun, a calibre larger than any main gun currently in active naval service. The weapon has been observed aboard the experimental vessel Wu Yunduo, which appears to have...
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Jun 4, 2026 / Tyler Durden
Germany, France, UK See Opportunity To Revive Putin Talks Without Washington
Germany, France, UK See Opportunity To Revive Putin Talks Without Washington
Europe's most influential powers of Germany, France, and the United Kingdom are trying to again jump-start Ukraine war peace talks, collectively operating as the E3 group.
They seek to implement a new framework aimed at engaging Russian President Vladimir Putin in direct negotiations to end the war. Reuters on Wednesday reports that "A window for dialogue is slowly opening between Russia and Europe on Ukraine, although it is likely to be months before talks can begin, a German government official...
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