Andurand's "Hedge" Fund Lost 52% In First Two Weeks Of April On Levered Oil Bets

75 Gulf Energy Assets Damaged In U.S.-Iran War As Supply Shock Intensifies International Energy Agency (IEA) Executive Director Fatih Birol was interviewed by the French newspaper Le Figaro earlier on Tuesday and warned that the Gulf energy shock "is more severe than those of 1973, 1979, and 2022 combined" because it is affecting oil, gas, food, fertilizers, petrochemicals, helium, and global trade all at once. Birol said in the interview that more than 75 energy sites across the Gulf region have been attacked, with about a third severely damaged, suggesting tens...

Democrats Ask Judge To Block Parts Of Trump's Election Order Authored by Kimberley Hayek and Matthew Vadum via The Epoch Times, Democrats asked a federal judge Wednesday to block parts of President Donald Trump’s executive order on federal elections. The lawsuit challenges Trump’s directive, signed a day earlier, that will create a list of eligible voters in every state and prohibit the U.S. Postal Service (USPS) from sending absentee ballots to those not included on the list. The order, titled “Ensuring Citizenship Verification and Integrity in Federal Elections,” directs the Department of...

Jet-Ski Maker Crashes Most On Record As "Mind-Blowing" Tariff-Hit Sparks Worst-Case Scenario Fears BRP's US-listed shares crashed the most on record as the US cash session began, after the jet ski and snowmobile maker withdrew its financial outlook. The company warned that changes in the US tariff environment surrounding steel, aluminum, and copper could result in a $500 million hit before any mitigation efforts. BRP wrote in a statement: For BRP, the amendment mainly leads to a 25% tariff on the total value of imported snowmobiles and the majority of ORV models, replacing the...