Trump vs. NATO — Would He Actually Leave?

Oil Soars As Trump Warns Iran Will Pay For Future Houthi Shipping Attacks, Rubio Rules Out Deal US Secretary of State Marco Rubio said Thursday that Iran is "begging for a deal" and "they need to come to their senses," adding that Tehran will "pay a very heavy price for the things they are doing."  Speaking on the sidelines of the ASEAN conference in Manila, he claimed that "Iran is begging us, both directly and indirectly, ‘Let’s do a deal. Let’s talk.'" But there's no public indicators showing this, instead the...

China's Unitree Unveils Robot With "Human-Like Physique" That Can Outrun Most People The race for bipedal humanoid robot intelligence has certainly been in the news, with robots receiving "AI brains" that have already brought them onto factory floors and will likely become more visible in the public world in the coming years (see UBS).  But there is another race that Chinese robot maker Unitree is simultaneously part of, and that is actual speed. In recent days, Unitree posted a video on X titled "Unitree Breaks the World Record Again," indicating that one of...

Why Hasn't Oil Hit $150 (Yet)? Authored by Robert Rapier via OilPrice.com, Global oil inventories and floating storage have acted as temporary shock absorbers against the Hormuz disruption. OPEC spare capacity has stabilized markets, but it cannot fully replace lost Persian Gulf exports indefinitely. Prolonged disruption could eventually exhaust market buffers and trigger a much sharper oil price surge. I think most energy analysts would have been shocked to learn that roughly three months into a total closure of the Strait of Hormuz, oil would be trading at just over $100 a barrel. I...