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Three Supertankers Carrying 6 Million Barrels Exit Strait Of Hormuz
Three Supertankers Carrying 6 Million Barrels Exit Strait Of Hormuz
Three commercial supertankers carrying a combined 6 million barrels of Middle East crude oil have successfully exited the Strait of Hormuz, according to Reuters.
The vessels departed the strategic waterway on Wednesday, after being stranded inside the Persian Gulf for over two months, lending hope to an end to the closure of the strait.
The crude cargoes were split evenly among three Very Large Crude Carriers (VLCCs) heading to Asian refining hubs. The first was Universal Winner, a South Korean-flagged supertanker carrying...
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Aug 24, 2026 / Tyler Durden
Our World 'Is Coming Apart Now... In Astounding Ways'
Our World 'Is Coming Apart Now... In Astounding Ways'
Authored by James Howard Kunstler,
Cookery For All
“We’re only cooked if we accept it.”
- Blaine Holt on “X”
They don’t call economics the dismal science for nothing.
It has been noted - since Thomas Carlyle minted the term in 1849 (objecting to the emancipation of black slaves on Britain’s colonial sugar plantations as a harm to productivity) - that attempts to manage the billion-footed transactions of human beings always find a way to bite back.
But how can this creature we call society not try to regulate its affairs, with evils...
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Jun 8, 2026 / Tyler Durden
Pentagon Names Alibaba, Baidu, And BYD In Updated Chinese Military Companies List As DoD Contracting Bans Loom
Pentagon Names Alibaba, Baidu, And BYD In Updated Chinese Military Companies List As DoD Contracting Bans Loom
The Department of Defense has filed a major update to its official list of "Chinese military companies" operating in the United States, formally naming or reaffirming high-profile firms including Alibaba, Baidu, BYD, BGI Group, and Autel as companies linked to Beijing's military-civil fusion strategy.
The notice, filed on Monday and scheduled for Federal Register publication on June 10, comes just weeks before new restrictions on Department of Defense contracting with listed entities take effect...
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Apr 19, 2026 / Tyler Durden
Turkey Could Be 'Next Iran' For Israel: US Envoy Scrambles To Calm Tensions
Turkey Could Be 'Next Iran' For Israel: US Envoy Scrambles To Calm Tensions
Via Middle East Eye
US Envoy Tom Barrack has downplayed escalating tensions between Turkey and Israel as just "rhetoric" and pushed for regional cooperation between the two countries in security and energy projects.
Speaking during a panel at the Antalya Diplomacy Forum, Barrack pushed back against comments from some officials in both countries that suggested they could come into conflict in the near future. "I think Turkey is just not a country to be messed with," Barrack said.
Handout: Antalya Diplomacy Forum via AFP
Barrack said that...
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