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WTI Holds Rebound Gains As US Fuel Exports Hit Record High, Production Dips, Huge SPR Drain

WTI Holds Rebound Gains As US Fuel Exports Hit Record High, Production Dips, Huge SPR Drain Oil prices are lower overnight (but dramatically off their lows) amid on-again, off-again optimism of an imminent US-Iran peace deal. Benchmark Brent fell as much as 12% to $96.75 a barrel in London, while West Texas Intermediate dropped up to 13%. European natural gas plunged as much as 14%. Oil and gas later pared about half of those losses after Trump said in a Truth Social post on Wednesday that if Iran doesn’t agree, “the bombing...
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Feb 17, 2026 / Dave DeCamp
SOUTHCOM Blows Up Three Boats in the Waters of Latin America, Killing 11 People
US Southern Command on Tuesday announced that its forces launched three separate strikes on alleged drug-running boats in the waters of Latin America the night before, blowing up three small vessels and killing at least 11 people. The command said that two of the boats were targeted in the Eastern Pacific Ocean, where eight people […]
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Mar 25, 2026 / Tyler Durden
Russia Launches Largest One-Day Drone Blitz Of Ukraine War
Russia Launches Largest One-Day Drone Blitz Of Ukraine War At least seven people were killed in Ukraine on Tuesday after Russia launched a truly massive drone attack that's said to be the largest of the four-year war. Counting both drones and cruise missiles, 979 warheads poured into Ukrainian airspace as diplomatic efforts at ending the war remain stalled and the world's attention focused almost entirely on the US-Israeli war on Iran.   Daylight death from above: A Russian Shahed drone above central Lviv (Reuters via New York Times) Ukrainian officials said it began...
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Apr 22, 2026 / Tyler Durden
Not So Fast: Virginia Judge Blocks Redistricting Referendum
Not So Fast: Virginia Judge Blocks Redistricting Referendum Update (1835ET): A Virginia judge ruled on Wednesday that the state’s redistricting referendum approved by voters a day earlier was invalid, nullifying the election results. "Virginia voters have spoken, and an activist judge should not have veto power over the People’s vote," said Virginia Attorney General Jay Jones, adding that the state would appeal.  As American Greatness notes further, Tazewell County Judge Jack Hurley Jr. ruled that the referendum was likely unconstitutional as it violated procedural requirements in the Virginia Constitution, including the timing of the vote and the...
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