UAE Threatens Military Response After Iran Missile Attack Results In Injuries, Fire At Key Oil Site

The COVID Playbook Returns: Energy Rationing & The Politics Of Crisis Control Authored by Chris MacIntosh via Doug Casey's International Man, This recent headline from New Zealand should itself send chills down your spine… “Government reveals details of fuel crisis rationing plan – and who will be prioritized.” Anytime the pointy shoes get to decide who will and who will not get something, you must realise that you’re about to get royally screwed. The uncomfortable parallels between the Convid response and the proposed fuel rationing plan cannot be ignored. On the surface, the Fuel Response...

Oil Tanker Earnings Soar To $470,000 A Day As Hormuz Hopes Drive Tanker Frenzy By Tsvetana Paraskova of OilPrice.com Oil tanker rates have soared since the U.S. and Iran announced the memorandum of understanding as oil importers scramble to charter vessels to pick up Persian Gulf cargoes in the hope these can transit the tentatively reopening Strait of Hormuz.  One tanker has been provisionally booked to ship crude from the Persian Gulf to India at a rate that’s nine times the benchmark for the route, shipbrokers told Bloomberg on Wednesday.   South Korea’s Sinokor...

Researcher Finds Backdoor In Chinese-Made Routers Sold Worldwide Authored by Evgenia Filimianova via The Epoch Times, Cybersecurity company VulnCheck said on Aug. 5 that it has found that more than 20 models of a Chinese-made wireless router sold worldwide contain a hidden backdoor that could allow unauthorized access to devices connected to the network. File photograph of ethernet cables running from the back of a router in Washington on March 21, 2019. Mandel Ngan/AFP/Getty Images The finding adds to growing Western concerns about cybersecurity risks posed by Chinese-made networking equipment. Western governments have...