Navy Secretary John Phelan Abruptly Departs Trump Admin With No Explanation, "Effective Immediately"

Most Voters Want Immunity For Vaccine Companies Removed: Poll Authored by Zachary Stieber via The Epoch Times, A majority of voters say immunity for pharmaceutical firms should be removed in cases where the companies’ vaccines cause injuries, according to a new poll. Sixty percent of voters responding to the poll agreed that vaccine manufacturers should be stripped of immunity in such cases, including 33 percent who strongly backed withdrawing the immunity. Majorities across all age groups, genders, and races also supported the immunity abolishment. Just 27.5 percent of respondents did not think the immunity...

Iraq's Oil Collapse Sparks Race For New Export Routes Authored by Simon Watkins via OilPrice.com, Iraq's oil production has collapsed to just 1.39 million bpd after the Strait of Hormuz blockade stranded exports. Baghdad is urgently trying to revive northern export routes through Turkey, including the Kirkuk-Ceyhan system and a new Kirkuk-Nineveh pipeline. China is re-emerging as a major strategic player in Iraq's energy infrastructure, with Chinese firms heavily involved in Baghdad's new north-south pipeline expansion. April was indeed the cruellest month for decades for Iraq's crude oil production, with an average of 1.389...

Exxon & Chevron Shares Jump After Big Q1 Earnings Beat The impact of the war in Iran is on full display this morning in the earnings of two oil giants - Chevron and Exxon Mobil - as both smashed earnings expectations (despite sizable production outages). Ahead of the results, Exxon and Chevron had both flagged major reductions in 1Q earnings due to “timing effects,” or paper losses on derivatives tied to cargoes that had not yet reached their destinations before the end of the quarter. These accounting charges are expected to fully unwind...