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Iranian Tankers Cross US Naval Blockade After Trump Deal Allows Iran To Restart Oil Sales
Iranian Tankers Cross US Naval Blockade After Trump Deal Allows Iran To Restart Oil Sales
The first Iranian ships crossed the area of the US naval blockade without obstruction after a memorandum of understanding was reached to end the war between Washington and Tehran, Iran’s semi-official Fars News Agency reported Tuesday.
At least three Iranian oil tankers and two cargo ships carrying essential goods broke through the US naval blockade following an accord between the countries.
A large Iranian VLCC and another vessel used to transport livestock moved from open waters toward...
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May 15, 2026 / Tyler Durden
Collum: Was Fed Chair Warsh Chosen For A Controlled Demolition?
Collum: Was Fed Chair Warsh Chosen For A Controlled Demolition?
Supposed monetary hawk Kevin Warsh, who was officially sworn in as the 17th Fed Chair earlier this week, will now face the dilemma of staying true to his hawkish roots or caving to his unabashed high-rate hating President. That is, of course, unless there’s a deeper plan at play…
Last night, Cornell professor Dave Collum hosted Michael Lebowitz and Stephanie Pomboy for a deep dived into ‘How F***ed Markets Are’ where Dave posited the theory that Warsh man be a demolition...
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May 21, 2026 / Tyler Durden
“We Must Leap Forward Into New Energy” - Canaccord’s Inaugural Nuclear Nexus Conference
“We Must Leap Forward Into New Energy” - Canaccord’s Inaugural Nuclear Nexus Conference
A new report from Canaccord Genuity captures the main threads from the firm’s first Nuclear Nexus conference, where fission and fusion developers, academics, and investors gathered to confront the practical barriers to scaling nuclear power.
The event highlighted a shared recognition that surging electricity demand from AI data centers “finds itself bottle-necked by the physical reality of the grid”, forcing a hard look at fuel supply chains, regulatory timelines, and technology choices that can actually deliver power this...
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Oct 23, 2026 / Tyler Durden
Barclays To Axe 5,000 Jobs As Britain's Youth Employment Crisis Deepens
Barclays To Axe 5,000 Jobs As Britain's Youth Employment Crisis Deepens
Bloomberg cites a Barclays corporate presentation saying the bank is cutting 5,000 jobs as it pushes ahead with cost-cutting measures and adopts artificial intelligence to improve efficiency.
The reductions would affect about 5% of the bank's workforce. The London-based lender employed about 93,000 people globally at the end of 2025, according to Bloomberg data.
Barclays said it was "structurally reducing" costs to "generate capacity for investment." The presentation also touched on organizational simplification and greater efficiency, supported by AI.
Separately, a...
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