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Saudi Arabia Vs UAE

Saudi Arabia Vs UAE By Benjamin Picton, Senior Market Strategist at Rabobank The Little Red Hen Markets are bulled-up this morning on prospects for peace in the Iran war. The S&P500 and NASDAQ closed at fresh all-time highs and Brent crude prices closed 7.8% lower at $101.27/bbl. While some analysts are understandably wary of another Axios report touting progress in Middle East relations (and therefore lower oil prices!), markets are clearly not in a mood to look a gift horse in the mouth. Iranian foreign ministry spokesman Ismail Baghieri told news sources that...
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Jul 15, 2026 / Tyler Durden
Indian Companies Increasingly Turn To Chinese LLMs Due To "Unsustainable" US Token Bills
Indian Companies Increasingly Turn To Chinese LLMs Due To "Unsustainable" US Token Bills Several weeks ago we laid out the increasingly attractive proposition for global enterprises that are Chinese LLM: 95% of the latest US frontier model capabilities and 10% of the cost. Why pay the premium, when one way or another someone will steal your IP, be it Dario Amodei or Beijing? India, it appears, agrees.  According to the NIkkei, Indian companies are increasingly leaning on Chinese large language models - developed by DeepSeek, Alibaba and Moonshot AI (the same LLMs...
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Jul 10, 2026 / Tyler Durden
US Nuclear Regulator Seeks Simpler Environmental Reviews To Boost Nuclear Expansion
US Nuclear Regulator Seeks Simpler Environmental Reviews To Boost Nuclear Expansion Authored by Evgenia Filimianova via The Epoch Times, The U.S. Nuclear Regulatory Commission (NRC) on July 8 proposed narrowing environmental reviews for new and renewed nuclear reactor licenses, a move the agency said would reduce costs, as the Trump administration pushes to expand nuclear energy. In this aerial view, the shuttered Three Mile Island nuclear power plant stands in the middle of the Susquehanna River near Middletown, Pa., on Oct. 10, 2024. Chip Somodevilla/Getty Images The proposal would change how the NRC...
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Jul 12, 2026 / Tyler Durden
Third Round of US Strikes Hits 140 Targets After Hormuz Ship Attack; Iran Retaliates On Kuwait, Jordan Bases
Third Round of US Strikes Hits 140 Targets After Hormuz Ship Attack; Iran Retaliates On Kuwait, Jordan Bases Update 1210ET.  The escalation cycle intensified overnight and into early Sunday as the US conducted its third round of strikes this week, while Iran enforced its declared closure of the Strait of Hormuz and launched retaliatory attacks across multiple Gulf states. CENTCOM confirmed strikes began around 7:15 p.m. ET Saturday night, hitting approximately 140 Iranian military targets. These focused on degrading IRGC capabilities to threaten commercial shipping, including radars, missile/drone sites, launch systems, and...
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