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Hormuz Normalization Begins As Saudi Supertankers Exit And A Flood Of Persian Gulf Oil Heads For Asia
Hormuz Normalization Begins As Saudi Supertankers Exit And A Flood Of Persian Gulf Oil Heads For Asia
Energy flows through the Strait of Hormuz are beginning to restart on Thursday after the interim U.S.-Iran peace deal, with several Saudi-controlled supertankers transiting the critical waterway and exiting the Persian Gulf.
There is a massive backlog of crude and LNG tankers in the Persian Gulf, preparing to exit the Hormuz chokepoint bound for Asia. Bloomberg says 31 supertankers, carrying about 62 million barrels of crude, could soon exit.
The actual number of crude...
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Jul 19, 2026 / Tyler Durden
China's Moonshot Eyes IPO After Sparking Another "DeepSeek Moment" For US AI Stocks
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The Weird Obsession With Flying First-Class Among America's Anti-Capitalists
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.@TMZ making sure you...
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Jul 28, 2026 / Tyler Durden
Erdogan's Ottoman Gambit: Turkey Prepares For New Regional Order
Erdogan's Ottoman Gambit: Turkey Prepares For New Regional Order
Authored by Chris Macintosh via InternationalMan.com,
Turkey is simultaneously dumping US Treasuries, deepening Russia’s energy embrace, rolling out a tax regime to poach capital fleeing the Gulf… and squaring off against an Israeli political class that now speaks openly of Turkey as an enemy. It’s strategic.
Turkey sold nearly all of its US Treasury holdings in March — cutting them from $16 billion to just $1.8 billion in a single month. The official narrative frames this as emergency reserve management amid a weakening...
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