US Oil Premiums Hit Record High As World Scrambles For Crude

Navy Secretary John Phelan Abruptly Departs Trump Admin With No Explanation, "Effective Immediately" In a terse, one-paragraph statement released this afternoon, the Pentagon announced the immediate departure of Secretary of the Navy John C. Phelan, effective immediately. Navy Secretary John Phelan speaks at President Donald Trump's Mar-a-Lago club on Dec. 22, 2025, in Palm Beach, Florida. (Alex Brandon/AP) Undersecretary of the Navy Hung Cao has been elevated to Acting Secretary of the Navy. The announcement, issued by Chief Pentagon Spokesman Sean Parnell (Assistant to the Secretary of War for Public Affairs), offered...

This American Drone-Motor Company Is Positioned For "Massive Procurement Tailwind" Looking at the state of modern warfare, H.C. Wainwright analyst Amit Dayal initiated Unusual Machines with a "Buy" rating, telling clients the drone-part maker is emerging as a key player in "anchoring the US drone industry's sovereign supply chain." Dayal called UMAC a "pure-play, American-made, NDAA-compliant drone-component manufacturer" that is perfectly positioned for a "massive procurement tailwind" across the US drone industry as the US government races to stockpile everything from one-way attack drones to interceptor drones. What's key about UMAC is...

Is ICE Investigating Ilhan Omar? Trump 'Truths' Report On Withheld Fraud-Probe Records President Donald Trump drew fresh attention to a long-running controversy on Sunday when he reposted a Just the News article on Truth Social headlined "ICE refuses to disclose records on Ilhan Omar fraud probe, cites ongoing 'enforcement proceedings.'" His decision to amplify the report, without comment, renewed scrutiny of allegations that have dogged Rep. Ilhan Omar (D-Minn.) for years - though ICE's response stops short of confirming she is personally the target of any active proceeding. The Trump administration...