Progressives and Conservatives Are Wrong About Taxing the Rich

The Omani Foreign Minister said that significant progress was made during talks between the US and Iran on Thursday.  “We have finished the day after significant progress in the negotiation between the United States and Iran,” Omani Foreign Minister Badr Albusaidi wrote on X. “We will resume soon after consultation in the respective capitals. Discussions […]

Russia's Oil Windfall Vanishes As Urals Crashes To $42 A Barrel By Charles Kennedy of OilPrice.com Russian crude oil prices have fallen back to where they were before the Middle East war, with its flagship Urals averaging just $41.66 a barrel during the first three days of July. The drop wipes out the revenue boost Moscow received from the conflict and pressures a federal budget that assumes oil prices of about $59 a barrel.  Urals had averaged more than $59 a barrel every month since March and climbed to $60.92 in June after...