Oil Tanker Going To China Forced To Reverse Course Before Crossing Hormuz Under US Blockade

As the Trump administration continues to grapple with the fallout from the betrayal of its core campaign promise to abandon the cycle of endless wars in the Middle East that have marred U.S. history since the dawn of the new millennium, the American public isn’t the only target of the barrage of propaganda it has […]

G-7 Leaders Reject SPR Release Plan, But 'Stand Ready' After Initial Jawbone Efforts Fade Update (1055ET): G-7 finance ministers used headlines in Asia, including calls for a meeting to discuss an SPR release, as a purely performative attempt to calm chaotic energy markets. Now that the emergency meeting is over, the group of leaders failed to agree on releasing crude supplies. Those headlines briefly hit Brent down from around $119/bbl to near $100, but once again, it appears to have been little more than a circus act as world leaders stare directly...