"Approaching Unheard Of Inventory Levels": Exxon, Chevron Issue Apocalyptic Warning About What Happens Next To Oil

Iran State Media Says 'Enemy' Attacks On Southern Iran Overnight Summary Iran state media: 'Enemy' attacks on southern Iran overnight Trump: "This war will end immediately after our election." Iran escalates with "20 for 2" response doctrine: 20 targets for every 2-3 targets struck. Iran sets heightened conditions for war's end: Tehran calls for an end to attacks, Israeli withdrawal from Lebanon, an end to the Yemen blockade, and release of $24B in frozen assets. Shipping attacked: A tanker carrying 2M barrels of Iraqi oil was hit by a drone in Iraqi waters. Damage assessment in wake of overnight assaults: CENTCOM denies US warships were hit while saying 10 Iranian tankers have been destroyed. Regional reports say Jordan bases hit hard. Oil tops $100: Brent...

Brussels Eyes Wealth Taxes As Europe’s Fiscal Crisis Spirals Submitted by Thomas Kolbe A fatal fiscal dynamic has become entrenched across the European Union. In nearly every member state, public spending is accelerating at all levels — from municipalities and social insurance systems all the way up to the European Commission — while the private economy at best stagnates and its industrial core sectors visibly erode. This dangerous economic imbalance, in which a shrinking private sector is forced to finance a continuously expanding state apparatus, is already producing fiscal consequences visible in...

21-Year-Old Male Identified As Shotgun-Wielding Mar-a-Lago Intruder Update (1230ET): AP News reports that the 21-year-old male, armed with a shotgun and a gas canister, who was shot and killed by law enforcement at Mar-a-Lago early Sunday morning after breaching the outer layer of the security perimeter, has been identified as Austin Tucker Martin. 🚨 BREAKING: Mar-a-Lago intruder IDENTIFIED as 21-year-old, Austin Tucker Martin, who breached the secure perimeter and was shot dead, reports Fox’s @pdoocy. Tucker was reported missing by his parents and was LAST SEEN on Feburay 21st at 7:51pm. pic.twitter.com/xQv0kcAhJ4 — TV...