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"Open The F**kin' Strait": Trump Blasts Iran As IEA Head Warns Of Panic Fuel Hoarding In Asia
"Open The F**kin' Strait": Trump Blasts Iran As IEA Head Warns Of Panic Fuel Hoarding In Asia
International Energy Agency chief Fatih Birol told the Financial Times this weekend that governments must avoid panic hoarding and refrain from imposing fuel export bans as the Gulf energy shock ripples outward to Asia, Africa, Europe, and eventually reaches the US West Coast.
"I urge all countries not to impose bans or restrictions on exports," Fatih Birol emphasized in the interview. "It is the worst time when you look at the global oil markets....
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May 22, 2026 / Tyler Durden
Uber Builds Large Stake In Germany's Delivery Hero As Takeover Speculation Builds
Uber Builds Large Stake In Germany's Delivery Hero As Takeover Speculation Builds
Uber is exploring a potential takeover of Delivery Hero after building a large stake in the rival German food delivery company, Bloomberg News reports. This follows an earlier report that Uber had built a 19.5% stake.
On Monday, Uber disclosed that it owns 19.5% of Delivery Hero, plus an additional 5.6% through options. The position was built with the help of Morgan Stanley traders, according to people familiar with the matter.
Uber's move to acquire Delivery Hero could be an...
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Jun 6, 2026 / Tyler Durden
Whatever You Do, Don't Ignore Friday's Selloff
Whatever You Do, Don't Ignore Friday's Selloff
Submitted by QTR's Fringe Finance
By 1PM Friday, the Nasdaq was already down roughly 3.3%, and suddenly the same crowd that spent the last few months explaining why valuations don’t matter is asking what is happening.
Bitcoin has also been taken behind the woodshed, crashing to around $60,000. Depending on where you’re measuring from, that’s a brutal decline in a remarkably short period of time. It’s down about 42% over the last twelve months. And it’s becoming clear that bitcoin bulls all have breaking points.
And I...
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Mar 30, 2026 / Tyler Durden
The Food Supply Chain Is Breaking... Again
The Food Supply Chain Is Breaking... Again
Authored by John Rubino,
Spring has sprung, which means seeds that were planted in late winter are starting to germinate.
They’re hungry and will only grow to their full nutritional potential if they’re well fed.
But that, apparently, isn’t happening, as fertilizer supplies are interrupted by yet another pointless Middle East war.
The result?
Global food shortages that might dwarf the COVID-era Costco-hoarding mess of recent memory.
Here’s an overview:
Shanaka Anslem Perera @shanaka86
BREAKING: The nitrogen trap just closed. Three locks snapped shut simultaneously. The planting window is closing behind them....
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