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'Wright Is Wrong': Trump Rejects Energy Secretary's Comment That Gas Prices May Not Drop Under $3 Until 2027
'Wright Is Wrong': Trump Rejects Energy Secretary's Comment That Gas Prices May Not Drop Under $3 Until 2027
Pain at the pump might not ease up for American consumers until 2027, according to Energy Secretary Chris Wright, who said on April 19 that the price of a regular gallon of gas could stay above $3 for the rest of the year.
Wright said a price of $3 per gallon of gas “could happen later this year, [but] that might not happen until next year” in an interview that aired on CNN’s...
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Mar 30, 2026 / Kyle Anzalone
Report: Iranian Oil Profits Doubled Since Start of War
Since the US and Israeli surprise attack on Iran, Tehran has continued to export oil that is selling at significantly higher prices. According to an analysis by The Economist, nearly all of the oil tankers currently exiting the Persian Gulf are linked to Iran. After the surprise attack on February 28, Tehran closed the Strait […]
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Jun 4, 2026 / Kyle Anzalone
Khamenei: US-Israeli System of Domination Has Been Defeated
Iranian Supreme Leader Ayatollah Seyed Mojtaba Khamenei said that the US and Israel had suffered a humiliating defeat. In a statement published on Thursday, Khamenei said the US and Israel’s “system of domination” has suffered a historic defeat. He explained that Washington and Tehran had shifted to targeting Iranian society through psychological warfare. 🔺 Iran’s […]
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Jun 4, 2026 / Tyler Durden
S&P Denies SpaceX Fast Index Entry, Delaying $14BN In Passive Inflows By At Least A Year
S&P Denies SpaceX Fast Index Entry, Delaying $14BN In Passive Inflows By At Least A Year
Earlier today, in our forensic analysis of the SpaceX IPO, we said that according to BNP estimates, the company's inclusion into the S&P500 some 6 months after the offering would unlock $13.4 billion worth of inflows.
It turns out that that is not going to happen 6 months after the IPO. In fact, the earliest it may happen is 12 months after Friday's break for trading... and realistically well after that.
That's because after the close...
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