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Saudis Bypass Hormuz As Oil Exports From Yanbu Surge Toward 5 Million Target
Saudis Bypass Hormuz As Oil Exports From Yanbu Surge Toward 5 Million Target
One week ago, when fears that the Strait of Hormuz blockade would mean a permanent collapse in oil supply (we have since seen that Iran is allowing "friendly" ships to cross the strait, especially if they grease the toll-keeper with $2 million per crossing) hit a fever pitch and pushed the price of Brent to $120, we said that "Saudi Arabia Has Already Revived More Than Half Its Oil Exports Via Hormuz Bypass."
With Iran blocking Saudi ships from...
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Apr 25, 2026 / Tyler Durden
Crypto Industry On Track To Surpass 2024 Spending On Texas Midterms
Crypto Industry On Track To Surpass 2024 Spending On Texas Midterms
Crypto super PACs scored big in the 2024 midterms, backing 53 of 58 candidates who won seats in Congress nationwide - including four from Texas.
(Azul Sordo/The Texas Tribune, Azul Sordo/The Texas Tribune)
This cycle, the same groups are pouring money into a fresh slate of Texas contenders and are on track to exceed their 2024 spending levels in the state, according to KSAT.
Two major PACs - Defend American Jobs and Protect Progress - have already committed more than $2.5 million to...
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Jun 15, 2026 / Larry C. Johnson
Israel Fails to Sabotage Islamabad Accord… At Least for Now
This is as Close as the US and Iran Will Get to Signing an MOU. Well, when news broke that Israel had bombed the southern suburb of Beirut on Sunday afternoon, the Iranians started gearing up for promised retaliation only to be dissuaded by a Donald Trump bribe. Iran and the US reportedly were closing […]
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Aug 9, 2026 / Tyler Durden
Europe Was Once Bigger Than The US Economy. What Happened?
Europe Was Once Bigger Than The US Economy. What Happened?
The United States and the European Union are the two largest Western economies of the 21st century.
Over the past two decades, however, their economic trajectories have diverged significantly.
This line chart below, via Visual Capitalist's Gabriel Cohen, tracks the gross domestic product (GDP) of the EU and U.S. economies from 2006 to 2026 using the latest figures available from the International Monetary Fund (IMF)’s World Economic Outlook. Figures for 2026 are forecasts.
The Early Rise and Fall of the EU
The 15-member European Union was established...
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