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Iraq's Oil Collapse Sparks Race For New Export Routes
Iraq's Oil Collapse Sparks Race For New Export Routes
Authored by Simon Watkins via OilPrice.com,
Iraq's oil production has collapsed to just 1.39 million bpd after the Strait of Hormuz blockade stranded exports.
Baghdad is urgently trying to revive northern export routes through Turkey, including the Kirkuk-Ceyhan system and a new Kirkuk-Nineveh pipeline.
China is re-emerging as a major strategic player in Iraq's energy infrastructure, with Chinese firms heavily involved in Baghdad's new north-south pipeline expansion.
April was indeed the cruellest month for decades for Iraq's crude oil production, with an average of 1.389...
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Sep 8, 2026 / Tyler Durden
Europe's Von der Leyen Wants To Put Private Bank Deposits Under State Direction
Europe's Von der Leyen Wants To Put Private Bank Deposits Under State Direction
Submitted by Thomas Kolbe
How will we deal with private property in Europe in the future?
A highly complex debate follows from this question, one that European Commission President Ursula von der Leyen interpreted in her own very particular way on Friday. In a speech to French business leaders at the MEDEF’s La Rencontre des Entrepreneurs de France in Paris, the former defense minister talked about using EU citizens’ bank deposits to get the ailing eurozone, the European economy,...
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Oct 14, 2026 / Tyler Durden
Two Emirati Ships Sink In Hormuz In Under 24 Hours As IRGC Claims 5-6 Vessels Targeted Nightly
Two Emirati Ships Sink In Hormuz In Under 24 Hours As IRGC Claims 5-6 Vessels Targeted Nightly
Update(1240ET): While dozens of ships have come under attack by Iran in the Hormuz Strait and nearby areas since the war began, resulting in damage and fires aboard vessels, it remains much more rare for a tanker to sink at a total loss.
However, the WSJ has confirmed Wednesday that two have completely sunk in the last 24 hours, the first of which we reported on below. Here are the further details via WSJ:
Two...
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Aug 10, 2026 / Tyler Durden
Study Finds 93% Of Avocado Oil Chips Contain Other Oils. There Is A Solution ...
Study Finds 93% Of Avocado Oil Chips Contain Other Oils. There Is A Solution ...
A new University of California, Davis, study found that a shocking number of avocado oil-labeled chips at the supermarket, marketed as a healthier alternative to toxic seed-oil chips, might not be made with pure avocado oil and, in fact, contain other oils.
UC Davis researchers tested 54 avocado oil-labeled products purchased from California supermarkets and online retailers in 2025 and 2026 and found that 48, or 89%, contained cheaper oils despite being labeled as containing...
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