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UBS Warns Of "Scary" Oil Price Scenarios Once Inventory Buffers Run Dry

UBS Warns Of "Scary" Oil Price Scenarios Once Inventory Buffers Run Dry Drawing down crude inventories at a record pace, with SPR releases doing the heavy lifting to cushion the Gulf supply shock, only delays the move higher in crude oil prices. Once those buffers are depleted, oil risks being violently repriced higher. That is why the Trump administration's race to secure a peace deal with Iran and reopen the Hormuz chokepoint has taken on new urgency in recent weeks. The longer the critical waterway remains disrupted, the greater the risk...
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Sep 3, 2026 / Dave DeCamp
Iran Says It Launched Attacks on US Bases in Kuwait, UAE
The Iranian Army has announced that its forces launched missile and drone attacks targeting US bases in Kuwait and the UAE, attacks that it said were a response to the US strikes against Iran on Tuesday that killed civilians and soldiers. According to Iran’s PressTV, the Iranian Army, officially known as the Islamic Republic of […]
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Aug 25, 2026 / Tyler Durden
Dear Truck Owners: Secure Your Tailgates
Dear Truck Owners: Secure Your Tailgates First, thieves were cutting catalytic converters off petrol-powered vehicles because of the valuable platinum, palladium, and rhodium inside the exhaust systems, which convert toxic engine gases into safer emissions. Now, it appears thieves are targeting trucks in one part of the country, not for precious metals, but for entire tailgates. CBS affiliate KHOU 11, which serves Houston, Texas, recently reported on a vehicle-parts theft ring targeting trucks for their tailgates. The outlet interviewed a Texas truck owner whose tailgate had been stolen. While searching Facebook...
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Apr 29, 2026 / Tyler Durden
Canadian Education Minister Says Parents Have No Rights Over Their Children
Canadian Education Minister Says Parents Have No Rights Over Their Children Canada is losing its collective mind.  During a recent debate in the Nova Scotia House of Assembly, Education Minister Brendan Maguire (Progressive Conservative MLA for Halifax Atlantic) responded angrily to concerns about school policies on gender transitioning (without parental notification in many cases) and provincial funding for gender-related medical interventions for minors.  His argument?  Parental rights are not a factor and, essentially, do not exist in the eyes of the Canadian government. The debate was sparked by concerns raised by another MLA...
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