Traders Puzzled As Physical Oil Prices Tumble Amid Surging Chinese Crude Sales, Plunging Imports

FBI Issues Warning For Vacant Property Owners Authored by Naveen Athrappully via The Epoch Times, American citizens who own vacant property parcels are being targeted by criminals in an identity theft scheme. “Criminals create fake identifications (drivers licenses and/or U.S. passports), Outlook email addresses, and Voice over Internet Protocol (VoIP) generated phone numbers and use them to impersonate landowners,” the FBI said in a June 16 public service announcement alert. An aerial view of single family homes in Miami, Fla., on Aug. 1, 2025. Joe Raedle/Getty Images The malicious actors “can obtain property parcel...

"Bit Of Chaos": Hormuz Shuts Agains As Ships Make U-Turn The Trump administration’s "baffle 'em with bullshit" methodology has been on full display, as the reopening of the Hormuz chokepoint on Friday drove a broad risk-on in markets: US equities soared, crude collapsed, and Treasury yields declined, based on the assumption that disruption to global energy flows had eased. However, as of early Saturday morning, those moves may prove premature. The Wall Street Journal reports that the world’s most important maritime chokepoint is once again closed to commercial transit. About 20 ships...

Trump Calls In FEMA To Respond To Sewage Disaster In Potomac River Authored by Jill McLaughlin via The Epoch Times, President Donald Trump is directing federal emergency teams to respond to a sewage spill on the Potomac River, calling it a “massive ecological disaster” and blaming local leaders for not handling the crisis, which began nearly a month ago. “There is a massive Ecological Disaster unfolding in the Potomac River as a result of the Gross Mismanagement of Local Democrat Leaders, particularly, Governor Wes Moore, of Maryland,” Trump posted on Truth Social...