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U.S. Gasoline Tops $4.50 As "Shock & Awe" Level Approaches

U.S. Gasoline Tops $4.50 As "Shock & Awe" Level Approaches WTI futures plunged more than 11% to the $90-a-barrel level after Axios reported earlier this morning that the U.S. is nearing a preliminary agreement with Iran to end the war. The sharp decline suggests traders are beginning to price in a potential geopolitical de-escalation and the potential reopening of the Hormuz chokepoint. At the pump, however, the latest AAA data as of Wednesday morning show that the national average for regular 87-octane gasoline has climbed to $4.50 a gallon, the...
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Apr 19, 2026 / Tyler Durden
Uranium Supply Crunch Worsens Amid Kazakhstan’s Plan For Strategic Reserve
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Jun 13, 2026 / Tyler Durden
Somaliland Opens Diplomatic Office In Taiwan Despite Strong Objections From Beijing
Somaliland Opens Diplomatic Office In Taiwan Despite Strong Objections From Beijing Via The Cradle The breakaway African territory of Somaliland opened a new representative office in Taiwan on Friday, saying it had the right to establish diplomatic relations despite objections from Somalia. "We have the right to choose who we have relationships with. It's our prerogative, and so it hasn't been successful as far as pressure tactics," stated Mahmoud Adam Jama ​Galaal, Somaliland's representative to Taiwan, at a press conference to mark the office opening. Rti photo Taiwan's Deputy Foreign Minister Francois Wu also spoke, saying,...
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Jun 3, 2026 /
House Dems Are Upset Rep. Tlaib Will Force War Powers Vote on Lebanon
Several House Democrats expressed anger with Rep. Rashida Tlaib after the Democratic Congresswoman introduced a War Powers Resolution that would force President Donald Trump to halt Israel’s war against Lebanon.  The War Powers Resolution introduced by Tlaib in late March says, Tlaib unveiled her legislation in late March that requires the “removal of all US […]
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