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US Unleashes Another Wave Of Crude From Strategic Reserve As Gas Prices Soar
US Unleashes Another Wave Of Crude From Strategic Reserve As Gas Prices Soar
The U.S. government will loan 53 million barrels of oil from the Strategic Petroleum Reserve (SPR) to petroleum companies in a bid to relieve elevated gas and oil prices amid the conflict with Iran.
In a news release on Monday, the Department of Energy (DOE) announced it would release the crude oil from its sites in Louisiana and Texas to contribute to the International Energy Agency’s (IEA’s) move to stabilize the price of oil, which has often risen...
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Mar 1, 2026 / Tyler Durden
AI Boom And European Bond Markets: A Deep Dive
AI Boom And European Bond Markets: A Deep Dive
Submitted by Thomas Kolbe
The “credit pump” could rightfully claim its place as a symbolic flag of the European Union. With virtually unlimited access to the bond market, politics magically transforms an inexhaustible credit stream into political maneuvers and ideological wizardry. Through this manipulation of money, processes and institutions are transplanted into the real world that, under normal circumstances, could never have surpassed the fantasies and limits of political ideology.
Wind turbines in forests, fully electric cargo bikes in an industrial nation that...
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Sep 1, 2026 / Tyler Durden
Iran Begins Retaliation Amid Trump's 'Large & Powerful Strikes' - Explosions Heard In Jordan
Iran Begins Retaliation Amid Trump's 'Large & Powerful Strikes' - Explosions Heard In Jordan
Summary
Explosions in Jordan reported amid initial Iranian retaliation.
Reports of fresh US strike wave on southern Iran, oil soars
Bessent Says Hormuz Will Be "Worthless Piece of Water" In Two Years
Iran offers conditional ceasefire: Pezeshkian says Iran will return to talks if the US honors prior commitments, which Tehran says it has violated.
Tankers hit in Strait of Hormuz: Two supertankers struck exiting Hormuz, escalating energy-market risks.
Oil prices surge: Brent crude rose above $92/barrel.
Diesel supply squeezed: Refinery disruptions are driving diesel prices and margins sharply...
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Oct 28, 2026 / Dave DeCamp
Araghchi: Iran Ready To Defend Itself But Still Giving Diplomacy a Chance
Iranian Foreign Minister Abbas Araghchi said on Wednesday that while Tehran is ready to defend itself, it’s also still giving diplomacy a chance, comments that come amid reports of renewed efforts from Gulf Arab states to avert another US-Israeli attack on Iran. “While our Brave Armed Forces are fully prepared to defend the Homeland, Iran […]
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