US Removes Sanctions On Iranian Oil Stranded At Sea To Boost Overall Supply

An Israeli drone attack in northern Gaza on Thursday killed a 13-year-old boy as the IDF continues its constant violations of the US-backed Gaza ceasefire deal. Medics told Reuters that the boy, identified as Joud Mohammed al-Duweik, was killed when an Israeli drone dropped a grenade in the town of Beit Lahia. Several other Palestinians […]

Trump Admin Working To Ease Memory Chip Crunch And Soaring Prices With Supply Chain Coalition In a world where high commodity prices are the cure for high commodity prices, it was only a matter of time before we saw a surge in oil output in response to near-record oil prices, as Diamondback did ovenright. The same logic applies to memory chips, another commodity, whose prices have exploded in recent months due to soaring demand by data centers. And while markets expect prices to drop once more supply comes on line, the...

Green Retreat: California Eases Carbon-Market Costs For Oil Refiners California's green-energy regime has hollowed out the state's refining and oil industry, leaving motorists paying the highest gasoline prices in the country. AAA data show the state gasoline average now north of $6 per gallon, compared with a national average of roughly $4.36 as of Saturday morning. The result of political blowback in California over unaffordable gasoline and diesel prices at the pump is a retreat from left-wing climate policies that could offer relief to motorists, Bloomberg News reports. On Friday, the California...