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Trump Says US Will Be ‘Taking’ Iran’s Kharg Island

President Trump on Thursday threatened Iran with a third straight night of bombing and said that the US would eventually be “taking” Iran’s Kharg Island, an island deep in the Persian Gulf that serves as a major oil export hub. “The United States will be hitting Iran (Whose Navy, Air Force, Radar, Anti Aircraft, and […]
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Mar 30, 2026 / Tyler Durden
Pakistan & Afghanistan Exchange Heavy Fire After Short-Lived Truce
Pakistan & Afghanistan Exchange Heavy Fire After Short-Lived Truce The prior truce between warring neighbors Pakistan and Afghanistan has been breaking down since last week. Some analysts are calling it a ceasefire in name only. The globe's attention has been on the Iran conflict, but heavy AfPak fighting has been on for almost the exact same length of time as Trump's Operation Epic Fury against Iran. But it hasn't received much attention in international headlines. Getty Images Earlier this month a short-lived truce had been announced by the two sides just ahead of...
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Aug 13, 2026 / Tyler Durden
StubHub Shares Plunge As Weak Outlook Fuels Fears World Cup Pulled Spending Forward
StubHub Shares Plunge As Weak Outlook Fuels Fears World Cup Pulled Spending Forward StubHub shares plunged 20% in premarket trading as uncertainty surrounding its second-half outlook fueled concerns that World Cup demand temporarily pulled forward discretionary spending on entertainment and events. ..back near four month lows... StubHub's second-quarter results were mixed. Revenue climbed 33% to $573.1 million, beating the $513.3 million Bloomberg consensus estimate, while adjusted EBITDA of $105.7 million also topped expectations. Earnings per share were flat, missing the 9-cent consensus estimate. 2Q26 Earnings Snapshot: Adjusted EBITDA: $105.7 million; estimate: $101.7 million EPS: $0;...
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Jun 22, 2026 / Tyler Durden
Ship Traffic Through Hormuz Chokepoint Continues As Normalization Efforts Remain "Fragile"
Ship Traffic Through Hormuz Chokepoint Continues As Normalization Efforts Remain "Fragile" U.S. and Iranian negotiators concluded a lengthy initial round of technical talks, backed by Qatar and Pakistan, with early progress reported. Still, the diplomatic road to a permanent peace deal remains fragile. For now, despite Tehran declaring on Sunday that the Strait was "closed," millions of barrels of crude continue to exit the Persian Gulf through the critical maritime chokepoint.  Bloomberg reports that five laden oil tankers carrying a combined 8 million barrels were seen entering or moving through...
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