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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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Aug 17, 2026 / Tyler Durden
Trump Says US To 'Substantially Reduce' Military Drills With S.Korea, Cites 'Very Good Relationship' With Kim
Trump Says US To 'Substantially Reduce' Military Drills With S.Korea, Cites 'Very Good Relationship' With Kim President Trump revealed Sunday he has ordered the Pentagon to scale back joint military exercises with longtime close ally South Korea, surprisingly mentioning his "very good relationship" with North Korean leader Kim Jong Un as a motivating factor in the decision. Trump said in a Truth Social posts that exercises, due to start on Monday, are costly and "send a signal that is totally inappropriate and hostile" to North Korea, which he said "has been...
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Jul 24, 2026 / Tyler Durden
NANO Nuclear And Fortil Advance Critical KRONOS Fuel System
NANO Nuclear And Fortil Advance Critical KRONOS Fuel System NANO Nuclear Energy has pushed another critical piece of its KRONOS MMR program toward preliminary design, this time with French engineering group Fortil. If there's a corner of the French industrial sector that America should be comfortable leaning into, their nuclear segment is arguably the safest bet. Their 57-reactor fleet, accounting for 70% of the country's electricity generation, is only surpassed by the US and Chinese commercial fleets. The companies said conceptual design work is nearly complete on the reactor’s Fuel Handling & Storage...
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May 27, 2026 / Tyler Durden
Hamas Confirms Death Of Its Top Military Commander In IDF Gaza Strike
Hamas Confirms Death Of Its Top Military Commander In IDF Gaza Strike Israel's military has just taken out a high-value target, with the confirmed death of the commander of Hamas's military wing, Mohammed Odeh. He was targeted in a a strike on the Gaza Strip Tuesday, in an operation which injured dozens more bystanders, given a residential building in a very busy market area of Gaza City was obliterated. via MSN However, the IDF and Shin Bet security service sought to explain that Odeh used the civilian residential buildings as a hideout, but that his...
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