When Is a Ceasefire a Scam?

Yemen’s Ansar Allah, also known as the Houthis, announced Wednesday that its forces struck two more Saudi tankers as its forces continue enforcing a blockade on Saudi Arabia, which was recently imposed following Saudi strikes on Yemen’s Sanaa International Airport. Ansar Allah military spokesman Brig. Gen. Yahya Saree first announced a missile strike on a […]

IEA Delivers No SPR Action After Extraordinary Meeting As Crude Jawboning Mania Enters Day Two Update (1514ET):  For a second straight day, G-7 leaders attempted to push crude prices lower with headlines about an "emergency meeting" to discuss a possible Strategic Petroleum Reserve (SPR) release aimed at containing Brent and WTI crude prices. However, by late afternoon in New York, the Financial Times reported that the International Energy Agency (IEA) had concluded the meeting without reaching a decision on a coordinated release of crude stockpiles. Today's slide in Brent and WTI was...

Tesla Engineers Audit Chinese Suppliers As Optimus Commercialization Nears About a month after JPMorgan analysts toured Tesla's Fremont factory and confirmed a "targeted four-month transition following the end of S/X production in May" to humanoid production lines, a new report on Friday says that Tesla engineers arrived in China to inspect robotics component suppliers, as Elon Musk appears to be moving closer and closer toward the commercialization of humanoid robots. Bloomberg first reported this development as Tesla engineers arrived in Ningbo, a major port and manufacturing city in Zhejiang province...