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Europe Faces Summer Jet Fuel Crisis As Iran War Slashes Supply
Europe Faces Summer Jet Fuel Crisis As Iran War Slashes Supply
Authored by Tsvetana Paraskova via OilPrice.com,
Europe faces an imminent jet fuel crisis as the Iran war and Hormuz disruption cut off key Middle Eastern supplies.
Long-term refinery closures and rising import dependence have left Europe highly exposed, with limited alternatives and growing competition from Asia.
Airlines are already cutting capacity and warning of higher fares, with potential flight cancellations looming as fuel shortages intensify.
Accelerated refinery closures in the past decade and increased dependence on kerosene from the Middle East have exposed...
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Apr 9, 2026 / Dave DeCamp
Iran’s Parliament Speaker Says ‘Time Is Running Out’ for the US and Israel To Honor Ceasefire
Mohammad Bagher Ghalibaf, the speaker of Iran’s parliament, said in a post on X on Thursday night that “time is running out” for the US and Israel to honor the ceasefire agreement by putting an end to Israel’s attacks on Lebanon. Ghalibaf’s post included the image of text that outlined three parts of Iran’s position […]
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May 5, 2026 / Tyler Durden
The Golden State Has Fallen: Welcome To The Islamic Republic Of California
The Golden State Has Fallen: Welcome To The Islamic Republic Of California
Authored by Rabbi Michael Barclay via American Greatness,
On April 8, the California Assembly Committee on Public Employment and Retirement voted 19–0 to adopt AB2017, followed on April 22 by the California Assembly Committee on Appropriations, which voted 7–0 to adopt the bill. And with those votes, all that is left for this to become California law is the passing of it by the State Assembly and Senate and approval by the governor.
And with it, the state of California...
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Apr 17, 2026 / Tyler Durden
Brave New Autonomous World Takes Shape On America's Highways
Brave New Autonomous World Takes Shape On America's Highways
Wall Street remains hyper-focused on whether the hyperscalers' AI-driven data center buildout, now approaching $700 billion and roughly 10 times 2020 levels, will ultimately generate enough returns to justify the massive spending boom.
Goldman analysts, led by Mark Delaney, focused on the "impact of AI on profit pools" and, more specifically, on the incremental profit AI-enabled initiatives in the transportation space could ultimately generate.
The good news is that nearly a year after Delaney's June 2025 note to clients, his team found that...
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