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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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Jun 30, 2026 / Tyler Durden
Trump Threatens 'Big Problems' For Gasoline Retailers If They Don't Cut Prices
Trump Threatens 'Big Problems' For Gasoline Retailers If They Don't Cut Prices
Authored by Tom Ozimek via The Epoch Times,
President Donald Trump on Tuesday demanded that gasoline retailers immediately lower prices at the pump, warning of “big problems” if they fail to pass along the benefits of falling crude oil prices to consumers.
In an early-morning post on Truth Social, Trump said gasoline prices remain too high despite U.S. crude oil trading at about $68 a barrel and continuing to decline.
“Gasoline Retailers must get their Prices down, IMMEDIATELY!” Trump wrote.
“They’re too...
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May 8, 2026 / Tyler Durden
"Thermal Event" Triggers Service Disruptions At Amazon AWS Cloud Hub In Northern Virginia
"Thermal Event" Triggers Service Disruptions At Amazon AWS Cloud Hub In Northern Virginia
Amazon Web Services said that recovery efforts are still underway after a "loss of power during a thermal event" disrupted a Northern Virginia data center on Thursday evening.
"Mitigation efforts remain underway to resolve the impaired EC2 instances and degraded EBS volumes in a single Availability Zone (use1-az4) in the US-EAST-1 Region," AWS wrote on its Service Health page, indicating that its operational issue for "Amazon Elastic Compute Cloud (N. Virginia)" remained "impacted" as of early Friday morning.
AWS...
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Aug 13, 2026 / Dave DeCamp
Huckabee Calls Israeli Settler Siege of Palestinian Homes ‘an Act of Terror’ but Defends the Broader Settler Movement
US Ambassador to Israel Mike Huckabee has called an ongoing settler siege of Palestinian homes in the Israeli-occupied West Bank village of Qusra an “act of terror,” though he has defended the borader settler movement and the IDF despite its failure to end the siege after five days. Starting on Sunday, Jewish settlers set up […]
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