Article
Hundreds Of Gas Stations Run Dry In Australia As Hormuz Shock Exposes Energy Security Failures
Hundreds Of Gas Stations Run Dry In Australia As Hormuz Shock Exposes Energy Security Failures
Australia's weird obsession with "green energy," compounded by a lack of urgency regarding proper energy security, has now collided with the worst energy crisis the world has ever seen.
A country heavily dependent on imported refined petroleum products, many of which transit the Strait of Hormuz, has reached the fourth week of the U.S.-Iran war, but with a full-blown fuel supply shock now underway, and hundreds of gas stations across the country running dry.
Energy Minister...
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CBS News Announces Fresh Round Of Layoffs As Bari Weiss Buzzsaw Continues
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After paying Bari Weiss $150 million for The Free Press and hiring her to run their newsroom, CBS News announced a fresh round of layoffs on Friday which will affect over 60 jobs, or 6% of the news division, according to the NY Times.
Bari Weiss
"Certain parts of this newsroom need to get smaller in order for us to make room for the things that we need to build to remain competitive in the future," said Weiss, who entered the scene last October, during...
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Mar 3, 2026 / Tyler Durden
Oil Spikes To Session High As Iraq Starts Shutting Output At Massive Oil Field
Oil Spikes To Session High As Iraq Starts Shutting Output At Massive Oil Field
Here are the most critical developments unfolding in the US-Iran conflict:
Iraq's crude oil output is being significantly curtailed. An update from Iraq specifies a shutdown of 460,000 bpd at West Qurna 2 and a cut of 700,000 bpd at Rumaila, while warning that more than 3 million bpd could be forced offline in the coming days if tanker access remains limited.
Export crude bottlenecks are developing across Iraq. Storage at southern export terminals is nearing critical capacity...
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