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Virginia Redistricting Rout Deals Major Blow To House Republicans
Virginia Redistricting Rout Deals Major Blow To House Republicans
Democrats’ decisive win in Virginia Tuesday night has dealt a significant blow to Republican hopes of retaining control of the House.
By persuading voters to dismantle the state's independent redistricting commission - created just six years ago - Democrats wiped out four Republican-held congressional districts. This means Virginia's House delegation is now on track to shift to a 10-to-1 Democratic advantage, a dramatic reversal for a state that remained firmly in GOP hands not long ago.
That said, Democrats dropped $65 million on the races...
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Apr 5, 2026 / Dave DeCamp
US Loses at Least Six Aircraft in Iran War Since Friday
The US has lost at least six military aircraft during US-Israeli strikes on Iran on Friday and in the operation to retrieve a pilot and a weapons system officer (WSO) who manned the F-15 fighter jet that was shot down over Iranian territory. On the same day the F-15 was shot down, an A-10 attack […]
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May 28, 2026 / Tyler Durden
Bessent Warns Oman On Hormuz Toll Scheme, After Trump Threatened To 'Blow Up' US Ally
Bessent Warns Oman On Hormuz Toll Scheme, After Trump Threatened To 'Blow Up' US Ally
On an official level at least, Oman remains a close strategic partner and key ally of the United States in the Middle East; however, that relationship has been severely strained this month amid apparent Iranian-Omani cooperation regarding a potential toll system for the Strait of Hormuz. This of course flies in the face of the US posture in the region.
US Treasury Secretary Scott Bessent is the latest top Trump admin official to chastize Oman: "The United...
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Apr 29, 2026 / Tyler Durden
US Oil Exports Soar To New Record High As Inventories Tumble, SPR Drained Most Since October 2022
US Oil Exports Soar To New Record High As Inventories Tumble, SPR Drained Most Since October 2022
One week ago we lamented that the record oil inventory drawdown, which has seen over 250 million barrels drained from storage since the start of the war, has not led to higher oil prices (for those who missed it, Goldman forecast that global visible oil inventories are likely to reach record-low levels even in an optimistic scenario where Hormuz flows start to recover by the end of April).
Moments ago the already precarious inventory picture...
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