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Saudi, UAE Encourage Trump to Continue War Until Iran Faces Decisive Defeat
America’s Gulf Arab allies, led by Saudi Arabia and the UAE, are pushing President Donald Trump to continue the war against Iran until a decisive outcome is reached. According to US, Gulf, and Israeli officials speaking with The Associated Press, Saudi Arabia, the United Arab Emirates, Kuwait, and Bahrain have argued that the US needs […]
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Jun 23, 2026 / Tyler Durden
MP Materials' Lawsuit Against USA Rare Earth Highlights Battle For America's Future In Minerals
MP Materials' Lawsuit Against USA Rare Earth Highlights Battle For America's Future In Minerals
USA Rare Earth has dismissed a lawsuit filed by MP Materials, calling the claims "completely without merit" and arguing the case is an attempt to slow its growth. The company said it will deny all allegations that it improperly obtained confidential information from a former MP employee, according to Bloomberg.
The dispute underscores intensifying competition in the U.S. rare-earth sector, where both companies are racing to build domestic mining, processing, and magnet-production capabilities. USA Rare Earth said...
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Mar 25, 2026 / Tyler Durden
Italy Cuts Fuel Taxes As Iran Crisis Drives Oil Higher; Germany Refuses Relief Despite Windfall
Italy Cuts Fuel Taxes As Iran Crisis Drives Oil Higher; Germany Refuses Relief Despite Windfall
Submitted by Thomas Kolbe
A robust market economy unfolds its maximum absorption capacity precisely during external shocks. In such cases, policymakers would essentially only need to sit still, as the storm clouds usually pass on their own—true to the principle that high prices are the cure for high prices. This, of course, only applies to energy markets if governments have not already removed themselves from the equation through grotesque political interventions long before the crisis.
For European...
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Apr 22, 2026 / Tyler Durden
US Blocks Regular $500 Million Cash Pallets Flown To Iraq, Over Pro-Iran Militias
US Blocks Regular $500 Million Cash Pallets Flown To Iraq, Over Pro-Iran Militias
In confirmation of some early reporting we featured at the start of this week, The Wall Street Journal has verified something that Iraqi officials themselves were denying just days ago: the US is blocking Iraq's regular dollar shipments in order to pressure it's Iran-backed militias.
"The Trump administration has suspended U.S. dollar shipments to Iraq and frozen security cooperation programs with its military, escalating the pressure on Baghdad to dismantle powerful Iranian-backed militias," said Iraqi and US officials interviewed in...
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