Iran Threatens Attack On US Navy In Hormuz, As Pentagon Rejects IRGC Claim American Warship Hit

Israeli Defense Minister Israel Katz said on Thursday that Israel was waiting for a “green light” from the US to break the ceasefire and renew attacks on Iran to plunge the country into the “stone age,” and finish off the Khamenei family, a sign that the truce is on the brink of collapse. “Israel is […]

Record Tanker Rates Leave Heavy Crude Stranded In The Americas Authored by Irina Slav via OilPrice.com, Record tanker rates are creating a heavy crude glut in the Americas, pushing Canadian, Colombian, and Ecuadorian crude prices down roughly $10 per barrel. Shipping costs have surged to $40 per barrel, making American heavy crude increasingly uneconomical for Asian and European refiners. The global diesel crunch is set to persist, as tanker shortages prevent heavy crude from reaching markets where demand remains strong. The Middle East crisis has driven tanker rates to all-time highs and...

NYC Mayor's 'Racial Equity Plan' Would Direct City Resources To 'Black And Brown New Yorkers' Authored by Bryan Hyde via American Greatness, Democratic New York City Mayor Zohran Mamdani has introduced a “racial equity plan” directing city resources to “black and brown New Yorkers” in an attempt to “confront institutional and systemic racism within our city.” The mayor’s policy proposal targets housing, health, and economic opportunities, and seeks to address disparities by prioritizing neighborhoods and residents that have supposedly been historically marginalized by economic or structural factors. Mamdani’s Preliminary Citywide Racial Equity Plan...