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Russia Says UAE's 'OPECxit' Won't Spark Immediate Price War
Russia Says UAE's 'OPECxit' Won't Spark Immediate Price War
Russian Deputy Prime Minister Alexander Novak, quoted by the Russian news agency Interfax, downplayed fears that the UAE's planned OPEC exit will trigger an immediate oil price war and race to the bottom.
"In the current situation, what kind of price war can there be when there is a shortage in the market?" Novak said, adding with the Strait of Hormuz remaining all but closed, "a huge amount of oil isn't reaching the market today, and demand is significantly higher than...
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May 1, 2026 / Tyler Durden
Trump Pulling 5,000 US Troops From Germany In Punitive Move Amid Merz Spat
Trump Pulling 5,000 US Troops From Germany In Punitive Move Amid Merz Spat
In a huge late in the day Friday development, the Trump administration plans to pull some 5,000 troops from NATO member Germany, CBS is reporting. Citing senior defense officials, the Pentagon expects the troop draw down will happen over a six to twelve month period, Reuters has also separately reported, in what clearly appears a punitive measure aimed at Berlin by the Trump White House.
Over several years, and stretching back decades, the US has maintained the most...
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Apr 30, 2026 / Tyler Durden
UK Gov't Promises More Social Media "Restrictions"
UK Gov't Promises More Social Media "Restrictions"
Authored by Kit Knightly via OffGuardian.org,
While embattled PM Sir Keir Starmer takes a pointless grilling on the even more pointless existence of Peter Mandelson, other members of his cabinet were busily paving the way for the next construction phase of our increasingly dystopian society.
Speaking to Sky News earlier today, Education Secretary Bridget Phillipson promised…
“more action to keep young people safe online, including around social media”.
Which is delightfully vague.
Education Minister Olivia Bailey kept her cards similarly close to her chest, whilst trying to sound forceful:
“It is a...
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Jul 28, 2026 / Dave DeCamp
Yemeni Forces Target Another Saudi Tanker in the Red Sea
Yemen’s Ansar Allah, also known as the Houthis, announced on Tuesday that its forces targeted another Saudi tanker as Yemeni forces continue to enforce a maritime blockade on Saudi Arabia. According to Yemen’s SABA news agency, Ansar Allah military spokesman Yahya Saree said the NCC Ghazar, a chemical/oil products tanker, was targeted for “violating the […]
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