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Why Hasn't Oil Hit $150 (Yet)?
Why Hasn't Oil Hit $150 (Yet)?
Authored by Robert Rapier via OilPrice.com,
Global oil inventories and floating storage have acted as temporary shock absorbers against the Hormuz disruption.
OPEC spare capacity has stabilized markets, but it cannot fully replace lost Persian Gulf exports indefinitely.
Prolonged disruption could eventually exhaust market buffers and trigger a much sharper oil price surge.
I think most energy analysts would have been shocked to learn that roughly three months into a total closure of the Strait of Hormuz, oil would be trading at just over $100 a barrel. I...
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Aug 16, 2026 / Jason Ditz
Dozens of Israeli Raids on Southwest Syria Reported in Last Two Weeks
Multiple new Israeli raids were reported over the weekend, including raids on villages in Quneitra and another incident on Friday in which Israeli forces opened fire on the western Daraa village of Maariyah. In Quneitra Governorate, troops raided Jbata al-Khashab, backed by six military vehicles, searching a home before withdrawing. Later Saturday, troops raided al-Rafid, […]
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Apr 30, 2026 / Alastair Crooke
The Mechanistic Fallacy — Why the West So Often Fails at Geopolitics
Some fifteen years ago I wrote that western reliance on its lens of secular rationality was no longer adequate as a means to understand the Israeli-Palestinian conflict. It was becoming obvious — even then — that the future of the region would be one of wars increasingly defined by religious symbols: i.e. Al-Aqsa versus the […]
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Apr 23, 2026 / Tyler Durden
RFK Jr. Tells Senate Glyphosate Causes Cancer
RFK Jr. Tells Senate Glyphosate Causes Cancer
Authored by Troy Myers via The Epoch Times,
Health and Human Services Secretary Robert F. Kennedy Jr. told senators on April 21 that glyphosate, a key ingredient in herbicides like Roundup, causes cancer and that human consumption of the chemical should be minimized.
His comments came amid growing political and legal controversy over the chemical, which is widely used in agriculture. During a Senate Budget Committee hearing, Sen. Brian Schatz (D-Hawaii) asked Kennedy whether the chemical caused cancer.
Without hesitation, Kennedy replied, “Yes.” Schatz also asked...
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