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Iraq Tells Buyers To Collect Crude Which Can Now Cross Hormuz, While US Boosts Ship Reinsurance Guarantees To $40BN
Iraq Tells Buyers To Collect Crude Which Can Now Cross Hormuz, While US Boosts Ship Reinsurance Guarantees To $40BN
Over the long weekend, we reported that with traffic across the Hormuz strait continuing to rise, and reaching the highest since the war began, one particularly favorable development was Iran's permission for Iraqi ships to use the Strait. We also noted that this declaration had the potential to unleash as much as 3 million barrels a day of Iraqi oil cargoes.
That said, there was the caveat that it was not immediately clear...
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Mar 13, 2026 / Tyler Durden
US Says (New) Ayatollah Wounded, Disfigured - While Other Iranian Leaders Defiantly March In Tehran As Bombs Fall
US Says (New) Ayatollah Wounded, Disfigured - While Other Iranian Leaders Defiantly March In Tehran As Bombs Fall
Summary:
Pentagon has just confirms two additional deaths in Thursday's downing of a KC-135 refueling tanker aircraft over Western Iraq: all six US crewmembers are deceased.
Trump and the Pentagon claim the US and Israel are "totally destroying" Iran as the war enters day 14, with Trump warning Tehran to "watch what happens" and "I am killing them" and "what a great honor it is to"
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Apr 6, 2026 / Tyler Durden
Iran Conflict Spotlights Nuclear Energy As Key To Global Energy Security
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The ongoing disruptions tied to Iran’s energy infrastructure and the Strait of Hormuz, have once again exposed the fragility of global oil supplies. As oil prices swing on geopolitical headlines, the founder and executive chairman of Nano Nuclear Energy, Jay Yu, underscored the critical alternative during a recent Fox Business appearance: nuclear power offers “consistent baseload energy”, while oil remains “a finite commodity” vulnerable to conflict.
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Iran War: Sleepwalking into Starvation
According to Oxford Economics, an independent economic advisory firm, in late March the price of the two main fertilizer ingredients, ammonia and urea, spiked 20% and 50% respectively in response to disruptions in the Persian Gulf. Now that Iran has established a blockade and tolling system in the Strait of Hormuz in response to the United States […]
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