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Shares Of Infrastructure Developer Erupt On Gulf Energy Reconstruction Prospects
Shares Of Infrastructure Developer Erupt On Gulf Energy Reconstruction Prospects
The two-week U.S.-Iran ceasefire looks more like a pause in the six-week conflict than a long-lasting agreement, with language so broad and vague that it remains unclear who conceded what. The one clear point is that Iran's reported willingness to allow vessel transits through the Strait of Hormuz was enough to send crude prices tumbling from triple-digit territory and spark a global relief rally across equities and bonds.
Everyone is breathing a sigh of relief on Wednesday morning, and traders are...
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May 18, 2026 / Tyler Durden
The Too-Long Goodbye
The Too-Long Goodbye
Authored by James Howard Kunstler,
“. . . we are witnessing mass formation in real time, where the group delusion becomes the only permissible reality.”
- LH Grey on X
Last week, Stephen Colbert celebrated his May 21 departure from late-night TV by French-kissing his fellow late-night soul-mate hosts goodbye, perhaps to honor the French origins of the Woke political ideology that guided his rocket flight to fame — Michel Foucault (1926–1984), who argued that power was all that mattered and that you could talk any absurdity about sex,...
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May 20, 2026 / Tyler Durden
Oil Prices Extend Decline After The Largest Crude Inventory Drawdown In History, Cushing 'Tank Bottoms' Loom
Oil Prices Extend Decline After The Largest Crude Inventory Drawdown In History, Cushing 'Tank Bottoms' Loom
Oil futures are down bigly this morning following comments from President Trump that the war in Iran would be ended "very quickly," but investors remained uncertain about the potential for de-escalation.
"We're going to end that war very quickly. They want to make a deal so badly, they're tired of - this should have happened for 47 years," Trump told a group of Congress members at the White House's annual congressional picnic on Tuesday.
"Somebody should...
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May 16, 2026 / Tyler Durden
China Confirms Boeing Jet Deal, Agrees To Cut Select Levies & Expand Agri Trade
China Confirms Boeing Jet Deal, Agrees To Cut Select Levies & Expand Agri Trade
Summary:
China, U.S. Agree To Cut Levies On Select Products, Expand Agricultural Trade
China, U.S. Reach Boeing Jet Purchase Agreement
U.S. And China Agree To Establish Trade And Investment Boards
Trump-Xi Summit Delivers Modest Trade Wins
China Responds With Agreements To Purchase Jets, Cut Levies, Expand Trade
One day after President Trump left Beijing, following his multi-day summit with Chinese President Xi Jinping, China's Commerce Ministry released new details about agreements it had reached to purchaseU.S.. planes and farm...
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