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What Does The End Of OPEC Mean For The Iran War And Global Energy Prices?

What Does The End Of OPEC Mean For The Iran War And Global Energy Prices? Did the UAE just trigger a once in a century shift in global energy markets?  The United Arab Emirates on Tuesday said it was quitting OPEC by May 1st after 60 years as a member, dealing a blow to the cartel ​as the Iran war exposes discord among Gulf nations and Iran. The exit of the UAE, one of the group's biggest producers with 15% of total exports, weakens ‌OPEC's control over global oil supplies and widens...
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Jul 28, 2026 / Tyler Durden
New British Defense Secretary Says Europe "Shaken Out Of Complacency" By Trump
New British Defense Secretary Says Europe "Shaken Out Of Complacency" By Trump Authored by Guy Birchall via The Epoch Times, Newly appointed British Defence Secretary Wes Streeting said on July 26 that Europe will one day thank U.S. President Donald Trump for “shaking us out of our complacency” on defense spending. Speaking to British broadcaster Sky News, Streeting said that he genuinely believes “when this period of history is written, Europe will thank President Trump for shaking us out of our complacency and forcing us to stand on our own two feet...
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Oct 9, 2026 / Tyler Durden
Saudi Pilot Among 3 Killed In Riyadh Airport Attack; Houthis Under Pressure On Red Sea Coast
Saudi Pilot Among 3 Killed In Riyadh Airport Attack; Houthis Under Pressure On Red Sea Coast Saudi Arabia has finally reopened King Khalid International Airport in Riyadh on Friday following attacks by the Houthis that killed three people and injured several on Thursday, and caused widespread flight suspensions and delays in the region. Airport facilities and aircraft were hit in the attack, with at least one Saudi Airlines passenger plane having been destroyed. The airline announced that tragically one of its pilots was killed. "It is with profound sadness that Saudia announces...
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Sep 17, 2026 / Tyler Durden
We Are Not In A Recession... So Why Are We Borrowing Like It?
We Are Not In A Recession... So Why Are We Borrowing Like It? Authored by Ken Buck via The Epoch Times, Despite a lot of talk about fiscal responsibility, lawmakers in Washington are continuing to run up the tab on America's already maxed-out credit card. The U.S. annual deficit - the difference between the revenue that the federal government collects and what it spends each year - reached $1.8 trillion through the first 10 months of the current fiscal year. With two months still left to go, this year's deficit will exceed...
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