Trump Says "Secret Military Mission" Allowed 200 Ships, 100 Million Barrels To Cross Hormuz

India Eyes Two New Sites To Expand Strategic Oil Reserves By Tsvetana Paraskova of OilPrice.com State-controlled Indian Strategic Petroleum Reserves Ltd (ISPRL) is finalizing feasibility studies for two new strategic petroleum reserves facilities as the world’s third-largest crude oil importer looks to boost its energy security. ISPRL, a government-owned special purpose vehicle, is finalizing a feasibility study for a facility at Bikaner in the state of Rajasthan in northwestern India and has completed a pre-feasibility study for a cavern in Bina in the central state of Madhya Pradesh, Indian media reported on...

America's Beer Slump Summed Up In One Chart Bank of America analysts spot a sobering milestone for America's beer industry: shipments are on track to fall below 1980 levels this year as stretched household budgets collide with changing drinking habits. The explosion of GLP-1 drug demand, cannabis products, and growing health concerns about booze are adding pressure on demand. BofA consumer staples analysts led by Peter Galbo outlined three key industry takeaways in a Tuesday note following their attendance at the annual Beer Insights Seminar, hosted by Beer Marketer's Insights (BMI)...

Things Get Interesting-er Authored by James Howard Kunstler, “It is one thing for the people (of Iran) to be ruled by globally feared autocrats armed to the teeth, but quite another to be governed by humiliated, now impotent incompetents and buffoons.” - VDH Wednesday the US / Iran ceasefire expires. It has been an interesting two weeks. The US used it to negotiate an end to hostilities, resupply our ships in the Arabian Sea, do maintenance on our ships and warplanes, dismantle Iran’s banking conduits, and blockade Hormuz to shut down the...