DOJ To Ask Supreme Court To Intervene In E. Jean Carroll's Lawsuit Against Trump

President Donald Trump is considering sending US troops to Kharg Island to seize Iranian oil assets.  According to officials speaking with Axios, the President is considering ordering US troops to seize the Iranian oil assets on the island. Kharg Island is about 15 miles off the coast of Iran, and is home to the seaport […]

Bessent Examining Use Of Frozen Iranian Assets To Help Gulf Countries Rebuild Treasury Secretary Scott Bessent is reportedly pursuing a pathway to repurpose Iranian assets to compensate Amerca's Gulf allies which have suffered significant damage due to Iran's attacks in the wake of Trump's Operation Epic Fury. Over eighty oil, gas, and vital infrastructure facilities across the Gulf have been hit - with most of the attacks having occurred in March and April - with one recent report estimating up to $58 billion in damage. Iran has sought to justify these...

Gulf LNG Crisis Set To 'Make Coal Great Again' Our weekend wrap on the global energy crisis focused on Asia as ground zero and how the shock will ripple across the world, eventually hitting the US. This is now the second major energy crunch of the decade: first Russia's invasion of Ukraine, now the U.S.-Iran conflict. However, this one looks a lot more catastrophic. The immediate impact of this energy crunch will be a resurgence of coal, especially across Asia, as power grid operators will be forced to switch to...