Newsom Declares Emergency In Orange County; EPA Head Says Chemical Tank Will "Likely Fail"

'We Outright Grabbed The Wallets': Bessent Boasts $1BN In Iran State Crypto Seized To Date Washington's economic war on Iran and its 'shadow' banking network continues, as on Friday Treasury Secretary Scott Bessent announced the US has seized $1 billion in Iranian cryptocurrency assets as part of the economic component of President Trump's Operation Epic Fury. The billion dollar figure represents the running total seized to date, building on prior milestones in the conflict, particularly a recent major April 2026 freeze of $344 million in USDT on the Tron blockchain. By close of April,...

Novorossiysk Restarts Oil Loadings At Reduced Capacity After Drone Strike By Julianne Geiger of OilPrice Russia has restarted limited oil loadings at its Black Sea port of Novorossiysk after a drone attack earlier this week forced a full suspension. Operations at the Sheskharis terminal resumed late Thursday, but only one berth is currently active. A single cargo of roughly 80,000 tons is expected to depart, well below the terminal's normal capacity of about 700,000 barrels per day. The restart comes after the Monday strike that caused fires at a fuel terminal and damaged...

DoW Finalizes Deal With Top AI Firms For National Security Work The Department of War has finalized agreements with OpenAI, Google, SpaceX/xAI, Microsoft, Amazon, Nvidia, and Reflection AI to deploy AI tools in "classified settings." This means these tools will operate within secure government networks where sensitive or secret national security information is handled, according to The Wall Street Journal. Anthropic's Claude had previously been one of the few AI tools available on Palantir's Maven platform. However, after the DoW labeled Anthropic a supply chain risk, the department pushed to broaden...