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Chevron, ConocoPhillips Warn About "Critical Shortages" Of Oil, Soaring Prices And Demand Destruction
Chevron, ConocoPhillips Warn About "Critical Shortages" Of Oil, Soaring Prices And Demand Destruction
This morning, most of the world's energy giants including Exxon and Chevron, reported stellar earnings as surging oil prices more than offset curtailed output. They also issued several loud warnings about the ongoing Hormuz blockage which is no closer to resolution.
ConocoPhillips was first, warning of imminent “critical shortages” of oil for some nations as the Iran war that has crippled global energy flows enters its third month.
The supply crunch that already pushed Brent prices up more than...
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"The National Security Premium": US Plan To Counter China In Critical Miners Could Drive Up Global Prices
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The US is pressing its allies to rethink how they source essential minerals, urging them to accept higher prices if it means reducing reliance on China, which currently dominates much of the global supply, according to a new report from Financial Times.
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Aug 5, 2026 / Tyler Durden
Former Haitian Police Officer And Naturalized US Citizen Pleads Guilty To Gun Running
Former Haitian Police Officer And Naturalized US Citizen Pleads Guilty To Gun Running
Authored by Michael Clements via The Epoch Times,
A naturalized U.S. citizen and former Haitian National Police officer pleaded guilty to smuggling at least 140 firearms to Haiti.
Soldiers patrol amid the sound of gunshots heard in the distance in Port-au-Prince, Haiti, on Oct. 17, 2024. Odelyn Joseph/AP Photo
Jean Robert Casimir, 53, of Lauderhill, Florida, pleaded guilty in U.S. District Court for the District of Columbia to conspiracy, smuggling, and violation of the Export Control Reform Act on Tuesday,...
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