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Oil Prices Hold Gains As Gasoline Stocks Hit 12 Year Lows, Cushing 'Tank Bottoms' Loom
Oil Prices Hold Gains As Gasoline Stocks Hit 12 Year Lows, Cushing 'Tank Bottoms' Loom
Brent crude prices are rising back toward $100 per barrel this morning following the latest flare-up in fighting to threaten the U.S.-Iran ceasefire
Prices rose after the U.S. military said Iran fired missiles toward Kuwait and Bahrain, which failed to hit their targets.
The United States said it then struck an Iranian military ground control station on an island in the Strait of Hormuz.
API:
Crude: -6.8MM
Cushing: -279k
Gasoline: +3.5M
Distillate: -214k
DOE:
Crude: -7.97mm - biggest draw since Feb
Cushing: -583k
Gasoline: +3.36mm -...
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Mar 15, 2026 / Dave DeCamp
Trump Says He May Bomb Iran’s Kharg Island Again ‘For Fun’
President Trump said on Saturday that the US may bomb Iran’s Kharg Island again “for fun” and urged other countries to help the US open the Strait of Hormuz. The president made the comments a day after the US military struck the Persian Gulf island, where most of Iran’s oil exports move through. So far, […]
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Apr 8, 2026 / Tyler Durden
The New Financial Iron Curtain: Taxes, Capital Controls, & The War On Your Wealth
The New Financial Iron Curtain: Taxes, Capital Controls, & The War On Your Wealth
Authored by Chris Macintosh via InternationalMan.com,
There is a term called “gating” in the fund management world.
It refers to blocking investors from redeeming their funds. Funds do this sometimes as a precaution… and other times when they are in the poo.
Well, governments are the same. When they are in the poo, they also resort to their version of gating. It’s just called taxes.
I’ve always loved the Dutchies. Growing up in South Africa with the Afrikaners — descendants...
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Mar 14, 2026 / Mark Thornton
The Theory of the Bottom 99%
The “bottom 99%” aren’t losing to markets: they’re losing to the Cantillon effect.
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