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Mexico's "Energy Sovereignty" Dos Bocas Oil Refinery Hit By Major Fire
Mexico's "Energy Sovereignty" Dos Bocas Oil Refinery Hit By Major Fire
One of Mexico's largest refineries, with a processing capacity of 340,000 barrels per day, appears to have suffered a fire in its coke storage area, marking the second incident in less than a month.
The Dos Bocas refinery, built by Pemex in the southeastern state of Tabasco, is the crown jewel of Mexico's push to reduce dependence on imported gasoline and diesel, especially from U.S. exporters in the Gulf of America. It cost about $21 billion to build and was...
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May 28, 2026 / Kyle Anzalone
Report: US-Iran Deal Nearly Complete, Waiting on Final Approval from Donald Trump
Axios reports speaking with American officials who claimed that Iranian and US negotiators had reached a framework for an agreement to end the war, and that the signing of the document was awaiting President Donald Trump’s final approval. The officials explained that the memorandum of understanding (MOU) would extend the ceasefire for 60 days and […]
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Apr 3, 2026 / Tyler Durden
Senior Iranian Official Involved In Reaching Out To Vance Severely Wounded In Airstrike
Senior Iranian Official Involved In Reaching Out To Vance Severely Wounded In Airstrike
A top Iranian official who was involved in diplomatic outreach and indirect talks or messaging with the United States and Pakistani mediators was reportedly critically wounded in a US-Israeli strike. Kamal Kharazi, an 81-year-old senior adviser to Tehran and former foreign minister, lost his wife in the Wednesday strike on his home, state media has said.
Kharazi chairs Iran's Strategic Council on Foreign Relations and has been viewed as a potential backchannel negotiator involving Islamabad, but now he's...
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May 21, 2026 / Tyler Durden
Turkey Markets Crash After Court Unseats Opposition Head In Latest Erdogan Power Grab
Turkey Markets Crash After Court Unseats Opposition Head In Latest Erdogan Power Grab
Shortly after we learned that Turkey had sold virtually all of its Treasuries in March to defend the lira after the Iran war broke out, the country was thrown into fresh political turmoil on Thursday when a Turkish court removed the leader of the country’s main opposition party in a landmark ruling that triggered a stock market crash, including one marketwide halt, and could strengthen President Recep Tayyip Erdogan’s grip on power while further alienating foreign capital.
The...
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