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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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Apr 2, 2026 / Tyler Durden
Iran To Attack Logistical Hubs In Israel, Gulf After Its Tallest Bridge Destroyed
Iran To Attack Logistical Hubs In Israel, Gulf After Its Tallest Bridge Destroyed Earlier we reported there are signs that the US and Israel are expanding attacks on Iran civilian infrastructure, after reports emerged Thursday that fresh airstrikes hit a highway bridge connecting Tehran and Karaj, according to Fars News Agency. Several people were injured, and multiple areas of Karaj were also struck. The bridge was actually just constructed, having been inaugurated earlier this year. Fars identified it as the B1 bridge, dubbed the highest bridge in the Middle East. Tehran also...
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Mar 22, 2026 / Tyler Durden
US Treasury To Partner With Education Department To Collect Student Loan Debt
US Treasury To Partner With Education Department To Collect Student Loan Debt Authored by Naveen Athrappully via The Epoch Times (emphasis ours), The U.S. Department of the Treasury and the Department of Education (ED) jointly announced a new partnership under which the Treasury will assume responsibility for collecting on defaulted federal student loan debt, according to a March 19 joint statement from the departments. Secretary of Education Linda McMahon speaks outside the U.S. Supreme Court in Washington on Jan. 13, 2026. Madalina Kilroy/The Epoch Times The Federal Student Assistance Partnership will enhance the...
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May 24, 2026 / Tyler Durden
German Taxpayers Bled Dry: Mass Migration Cost €40 Billion In 2025
German Taxpayers Bled Dry: Mass Migration Cost €40 Billion In 2025 Via Remix News, Migrants cost German taxpayers — just at the federal level — €24.8 billion in 2025, according to new data in the “refugee costs report” from the German Federal Ministry of Finance. However, the true sum is much higher. The €24.8 billion is strictly the federal bill. The actual, combined national cost of migration for Germany is that €24.8 billion plus the massive, separate billions that the individual states and municipalities had to pull from their own local tax revenues to cover their...
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