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Gulf Oil Is Available Again, But Asian Refiners Balk At Soaring Tanker Rates
Gulf Oil Is Available Again, But Asian Refiners Balk At Soaring Tanker Rates
Iran and the US have a peace deal? check (for 60 days, allegedly).
Strait of Hormuz open? check (for 60 days, allegedly).
Ships transiting freely? check (not really)
Massive build up of Gulf oil desperate to reach Asian refiners? check.
All great news, which means that oil should now flow freely and in huge amounts, right?
Wrong: two of Asia's largest refiners, PetroChina and Indian Oil, failed to secure very large crude carriers to lift Iraqi Basrah crude in late June, Reuters reported, while...
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Apr 14, 2026 / Tyler Durden
ECB Backs Tokenized EU Capital Markets (With Strict Guardrails)
ECB Backs Tokenized EU Capital Markets (With Strict Guardrails)
Authored by Christina Comben via CoinTelegraph.com,
The European Central Bank (ECB) set out a cautious path toward tokenizing Europe’s capital markets, saying the technology can deliver efficiency gains only if it remains anchored to central bank money, infrastructures remain interoperable, and regulation is “robust and supportive.”
In its latest Macroprudential Bulletin published on Monday, the ECB said distributed ledger technology (DLT) could help deepen the European Union’s savings and investments union, but warned that benefits will depend on interoperable infrastructure and policymakers keeping pace with...
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Jul 4, 2026 / Tyler Durden
Historians Set Record Straight On 5 Events That Shaped America
Historians Set Record Straight On 5 Events That Shaped America
Authored by Janice Hisle via The Epoch Times,
As America celebrates its 250th birthday, it’s prime time for historians such as Jeff Bloodworth to set the record straight.
Bloodworth, a professor at Pennsylvania’s Gannon University, noted that it had become trendy among historians to “demythologize” the Founding Fathers.
“But it has gone too far,” he told The Epoch Times. “The achievements of the Founders and the founding are obscured by the lists of sins.”
Now, he thinks “the pendulum is swinging back” toward a...
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Jun 18, 2026 / Tyler Durden
Continuing Jobless Claims Hit 3-Month-Highs
Continuing Jobless Claims Hit 3-Month-Highs
The number of Americans filing for unemployment benefits for the first time fell from 230k (4 month highs) to 226k (vs 225k exp) last week - elevated but still within the range of the last four years...
Source: Bloomberg
Pennsylvania and Oregon saw the largest rise in initial claims last week while Ohio and Illinois saw the biggest decline...
Meanwhile, continuing jobless claims rose back above 1.8 million Americans - the highest print in 3 months - but still well off cycle highs near 2 million in Q4...
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