Iraq Tells Buyers To Collect Crude Which Can Now Cross Hormuz, While US Boosts Ship Reinsurance Guarantees To $40BN

Energy Department Issues Emergency Order To Secure Power Grid In 17 US States Authored by Naveen Athrappully via The Epoch Times, The Department of Energy (DOE) has issued an order to tackle an energy emergency situation across 17 U.S. states triggered by hot weather conditions. An aircraft takes off from Los Angeles International Airport behind electric power lines in El Segundo, Calif., on Aug. 31, 2022. Patrick T. Fallon/AFP via Getty Images The July 26 emergency order was issued by Secretary of Energy Chris Wright to Southwest Power Pool Inc. (SPP), the regional...

Texas Pacific Land Crashes After Largest Shareholder Dies Land-and-royalty company Texas Pacific Land Corp. crashed the most since early Covid after the head of its largest shareholder unexpectedly died.  Bloomberg reports that Murray Stahl, CEO of Horizon Kinetics and a TPL board member, died on Thursday, sending shares spiraling lower by 17% in late-afternoon trading. This marked the largest intraday decline in the stock since early 2020. Stahl was described as a longtime believer in TPL, one of the largest private landowners in Texas, with most of its acreage concentrated in the...

US Offers Up To $3 Million Bounty For Information On Finances Of Haitian Gangs Authored by Kimberly Hayek via The Epoch Times (emphasis ours), The U.S. government on March 25 announced a bounty of up to $3 million for information on the finances of Haiti’s ‌Viv Ansanm and Gran Grif gangs. Armed police ride in the back of a truck after the streets of the Haitian capital, Port-au-Prince, were deserted following a call for a general strike launched by several professional associations and companies to denounce insecurity in Port-au-Prince, on Oct. 18,...