Trump On Hormuz Blockade: "We're Like Pirates - And It's Very Profitable"

Trump Signs Sweeping Russia Sanctions Bill Into Law, Shrugging Off Kremlin Update(1837ET): That was fast, and on what's ended up being a busy late Friday afternoon at the White House - President Trump has signed the Russia sanctions bill into law, according to the White House. "The new law, the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, lets the president impose tariffs of up to 100% on the five largest purchasers of Russian oil and natural gas," CBS writes. "It also sanctions Russian President Vladimir Putin, who started Russia's...

Goldman Warns Diesel Crisis Is Setting Up The Next Gasoline Squeeze: Here's How Goldman Sachs commodity experts Yulia Zhestkova Grigsby and Daan Struyven warned in a Wednesday note that the global diesel crisis is tightening gasoline supplies as refiners prioritize higher-margin diesel production. This shift raises the risk of further gasoline price increases ahead of the US midterm elections. The US national average diesel price has already reached a record $6.40 a gallon, adding to household and business fuel costs. "The key reason for this new recommendation is that refiners' switching...

These Are The Countries Importing The Most Military Drones Two countries at war with each other account for more than nine in ten of the military drones that crossed borders over the past four years. Ukraine took delivery of 8,664 foreign-supplied military drones from 2022 through 2025, most of them American, while Russia received 6,720, mostly Iranian Shahed-136s, according to SIPRI data compiled by Visual Capitalist. Taiwan, a distant third, received 291. SIPRI's count leaves out most of what is actually flying. It tracks only large drones and long-range one-way attack models,...