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Saudi Arabia's Most Critical Pipeline Restored After Drone Attack
Saudi Arabia's Most Critical Pipeline Restored After Drone Attack
A key Saudi oil pipeline to the Red Sea was restored on Sunday and is now pumping at full capacity after an Iranian drone attack last week damaged a pumping station.
The East-West pipeline is back at full capacity, moving about 7 million barrels per day and restoring critical energy flows from Saudi's Persian Gulf oil fields to the Red Sea port of Yanbu, bypassing the turmoil in the Strait of Hormuz.
Bloomberg quoted the Saudi energy ministry as saying that Saudi...
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Jul 30, 2026 / Tyler Durden
"Looks Like World War Z!": Spain's Ceuta Invaded By Thousands Of Military-Aged Male Illegals
"Looks Like World War Z!": Spain's Ceuta Invaded By Thousands Of Military-Aged Male Illegals
Shocking footage circulating on X shows thousands of migrants breaching Spain's border into its North African enclave of Ceuta from Morocco on Thursday, overwhelming local police and exposing a serious national security failure.
The invasion comes shortly after Prime Minister Pedro Sánchez's Socialist-led government signed up 1 million illegal aliens to legalize their status under a new program to bring them into the workforce. However, the program applied only to migrants already living in Spain before Jan....
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Sep 29, 2026 / Tyler Durden
Russia Tightens Secrecy On Energy Exports
Russia Tightens Secrecy On Energy Exports
Authored by Charles Kennedy via Oilprice.com,
Refinery production figures, export contracts and tanker routes are now off-limits to public reporting in Russia, under a decree Putin signed Monday, Reuters reported. The Kremlin points to unfriendly actions by Washington and its allies as the reason, and the restrictions took effect on signing, with the government given 10 days to define exactly which product codes are covered.
Data on refining volumes at Russian plants is now restricted, along with contract details, including product names, quantities, prices, buyers, sellers,...
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Oct 21, 2026 / Tyler Durden
"A Good Idea": SpaceX Jumps On Blowout Quarter, Musk Confirms Committees Discussing Tesla Merger
"A Good Idea": SpaceX Jumps On Blowout Quarter, Musk Confirms Committees Discussing Tesla Merger
Update (1730ET): The earnings call has seen SPCX shares extend their after-hours gains amid a tsunami of attention-grabbing comments from Elon Musk and CFO Bret Johnsen.
Perhaps the most shocking was Musk saying that he sees between $500 billion and $1 trillion of annual recurring revenue by the end of 2027.
Then he stepped it up further:
Musk says there’s a small opportunity for SpaceX to have 20 gigawatts of AI compute online next year.
Musk says he’s been spending a...
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