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Great Global Energy Rewiring Accelerates: UAE To Double Crude Export Capacity Bypassing Hormuz Chaos
Great Global Energy Rewiring Accelerates: UAE To Double Crude Export Capacity Bypassing Hormuz Chaos
Days after the U.S. bombing campaign against Iran began, we pointed out on March 3 that the conflict was likely to accelerate a major Gulf infrastructure push to bypass the Strait of Hormuz. Saudi Arabia's East-West pipeline to the Red Sea stood out as the clearest signal that regional producers needed a credible Plan B for moving crude and crude products when the Hormuz chokepoint becomes disrupted. That logic is now coming into sharper focus...
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Apr 28, 2026 / Tyler Durden
First Loaded Crude Supertanker Clears Hormuz Without Using Larak Channel
First Loaded Crude Supertanker Clears Hormuz Without Using Larak Channel
Summary:
Idemitsu Maru did not use Larak Channel
Loaded Idemitsu Maru crude supertanker exited Hormuz this afternoon, marking the first such crude transit since the conflict began.
Loaded Mubaraz LNG tanker exited Hormuz earlier this month, also marking the first such LNG transit since the conflict began.
Polymarket
First Crude Supertanker Exits Hormuz
Following the Mubaraz LNG tanker's exit from the Hormuz chokepoint in recent weeks, the first such transit since the conflict began, new ship-tracking data from Bloomberg late Tuesday afternoon show that the first...
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Mar 24, 2026 / Tyler Durden
Circle Plunges Most Ever On Stablecoin Legislation, As Tether Prepares Full Audit
Circle Plunges Most Ever On Stablecoin Legislation, As Tether Prepares Full Audit
Circle Internet Group, the issuer of the USDC stablecoin, plunged the most on record as investors reacted to potential stablecoin regulation changes that could make the firm’s cryptocurrency less attractive to large holders, as it would be stripped of interest payments. Concerns that a competitor is readying a move into the US market also hurt Circle’s share price.
The stock declined as much as 22%, its steepest intraday drop ever, and leading losses across crypto-linked equities. Coinbase fell as...
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May 11, 2026 / Tyler Durden
Jeffries Calls On Half-Dozen Democratic States To Start 'Aggressive' Redistricting
Jeffries Calls On Half-Dozen Democratic States To Start 'Aggressive' Redistricting
Authored by Chase Smith via The Epoch Times,
House Minority Leader Hakeem Jeffries (D-N.Y.) on Friday named six Democratic states he wants to join New York in pursuing mid-decade redistricting ahead of the 2028 election—a longer-term play as both parties have raced to redraw maps before the November 2026 midterms.
“It’s going to be incredibly important that states like New York, New Jersey, Washington, Colorado, Oregon, Maryland and Illinois are aggressive in moving forward to ensure that there’s a fair national map,...
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