Article
Fire Erupts At Major Australian Refinery, Amplifying Fuel Shock As "Green" Killed Refining Buffer
Fire Erupts At Major Australian Refinery, Amplifying Fuel Shock As "Green" Killed Refining Buffer
Australia's failed "green" domestic energy policies had already sparked a fuel-supply shock shortly after the U.S.-Iran conflict disrupted tankers at the Hormuz chokepoint. Now, a fire has broken out at the larger of Australia's two remaining oil refineries, adding even more fuel supply woes.
Victoria state fire authorities said the blaze erupted at Viva Energy's 120,000-barrel-per-day Geelong refinery, one of only two operating oil refineries left in Australia. The refinery accounts for roughly...
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Apr 20, 2026 / Tyler Durden
CBP To Begin First Phase Of Tariff Refunds Following Supreme Court Ruling
CBP To Begin First Phase Of Tariff Refunds Following Supreme Court Ruling
Authored by Aldgra Fredly via The Epoch Times,
U.S. Customs and Border Protection (CBP) is set to begin the first phase of its refund process for certain tariffs on April 20, following a ruling by the Supreme Court in February.
CBP will deploy the Consolidated Administration and Processing of Entries (CAPE) through its Automated Commercial Environment (ACE) system, which would allow businesses to seek refunds for tariffs they paid that were imposed by President Donald Trump under the International Emergency...
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Apr 7, 2026 / Tyler Durden
Trump Threatens To 'Take Out Entire Country Of Iran' Tomorrow Night, Demands 'Free Traffic Of Oil' In Hormuz
Trump Threatens To 'Take Out Entire Country Of Iran' Tomorrow Night, Demands 'Free Traffic Of Oil' In Hormuz
Summary:
Trump threatens "Iran can be taken out in one night... maybe tomorrow"; Warns 'every bridge and power plant' will be destroyed
WSJ reports US military is making preparations for potential strikes on energy targets in Iran. Universities and airports are already being hit.
A Sunday night Axios report on a US-proposed 45-day ceasefire has by Monday morning been rejected by Iran, which later on Monday issued a 10-point letter via Pakistan.
Israel strikes large petrochemical plant...
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May 12, 2026 / Tyler Durden
"Neither Credible Nor Attractive": eBay Rejects GameStop's Takeover Bid
"Neither Credible Nor Attractive": eBay Rejects GameStop's Takeover Bid
eBay's board released a statement on Tuesday morning, rejecting GameStop CEO Ryan Cohen's unsolicited, non-binding acquisition proposal, calling it "neither credible nor attractive."
"We have concluded that your proposal is neither credible nor attractive," Paul S. Pressler, eBay's chairman of the board of directors, wrote in a statement.
Pressler cited concerns over GameStop's financing, the risks of a combined business, leadership and governance questions, and the potential impact on eBay's valuation and long-term growth.
Pressler laid out the concerns:
eBay's standalone prospects,
the uncertainty regarding your...
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