FBI Offers $200,000 Reward To Catch Former US Air Force Specialist In Iran Spying Case

The Next Oil Rally Could Be Driven By Stockpile Refilling Authored by Irina Slav via OilPrice.com, The Middle East conflict has disrupted more than 1 billion barrels of oil supply, but China's massive strategic crude stockpile helped offset the shock by sharply reducing imports, preventing oil prices from surging even higher. Countries are now racing to build or replenish strategic petroleum reserves, with the IEA planning to refill the 400 million barrels it released during the crisis and major importers like India looking to expand their emergency stockpiles. This wave of reserve rebuilding...

Tyson Sinks, Walmart Falls After Trump Moves To Temporarily Lower Beef Import Tariffs Tyson Foods and Walmart shares moved lower around noon in New York, while major Brazilian meatpacker Minerva Foods moved higher on a Wall Street Journal report that says the White House will temporarily cut beef import tariffs According to the WSJ report, the plan would suspend the annual tariff-rate quota, which imposes higher duties once import limits are reached, allowing more foreign beef to flood the U.S. at lower tariff rates to suppress soaring prices. The move comes as the...

How China Is Remaking Its Vast Western Frontier China is undertaking a vast effort to reshape its western frontier, transforming Xinjiang and Tibet from remote borderlands into strategic hubs for industry, energy, tourism and trade, according to a new lengthy report from Financial Times. Under President Xi Jinping, Beijing is pouring investment into highways, railways, renewable energy projects, manufacturing bases and tourism infrastructure across a region that covers nearly a third of China’s territory. Officials see the west not as a distant hinterland but as a frontline for economic growth, national security...