Article
From Hormuz To Houston: The US Takeover Of Global Energy Flows Ramps Up
From Hormuz To Houston: The US Takeover Of Global Energy Flows Ramps Up
Authored by Simon Watkins via OilPrice.com,
The Americas are replacing the Middle East as the key source of global oil supply, with crude exports from the Western Hemisphere hitting a record 14.5 million bpd while Strait of Hormuz traffic collapsed.
Trump’s broader energy strategy aims to weaken OPEC’s influence and cement U.S. dominance over global energy markets.
Venezuela, Argentina, and Brazil are emerging as the biggest growth engines, with Venezuela rebuilding output, Argentina rapidly expanding Vaca Muerta shale production, and...
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Monaco Bombing Attack Suspect Shot Dead In Ukraine, Intelligence Officer In Custody
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The saga of the Monaco package bomb attack carried out last week against an exiled Ukrainian oligarch just got even wilder and more mysterious, as the prime suspect has been found shot dead near Kiev.
The Guardian reports that "Ukrainian prosecutors said on Tuesday the woman had been found with a gunshot wound to the head and that two men had been arrested in connection with the case, including an officer with Ukraine’s military intelligence agency (HUR) and a former...
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Mar 28, 2026 / Tyler Durden
The Weird Obsession With Flying First-Class Among America's Anti-Capitalists
The Weird Obsession With Flying First-Class Among America's Anti-Capitalists
Whether it was the head of a left-wing nonprofit reportedly linked to a Marxist propaganda network connected to a China-based billionaire last week, or Democratic socialist Bernie Sanders on Friday afternoon, there was one common denominator among these "champagne" socialists: their obsession with living an affluent, elitist lifestyle, including flying first class.
TMZ reported on Friday that the socialist Senator from Vermont was flying first class out of Reagan National Airport yesterday afternoon as the government shutdown drags on.
.@TMZ making sure you...
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Aug 26, 2026 / Tyler Durden
India's Crude Import Bill Surges As Hormuz Shipping Rates Soar
India's Crude Import Bill Surges As Hormuz Shipping Rates Soar
Authored by Tsvetana Paraskova via OilPrice.com,
India's crude oil import bill has soared since the Iran war choked Middle Eastern oil supply, raised benchmark crude prices, quadrupled freight rates, and boosted insurance on a single Strait of Hormuz voyage to never-before-seen highs.
India has been paying elevated prices to import Middle Eastern crude not only because of the spike in oil prices, but also due to the surging costs to bring supply from the nearest region from which it can import crude.
The...
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