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Iran Oil Exports Through Hormuz Hit Wartime High
Iran Oil Exports Through Hormuz Hit Wartime High
While other countries line up on either side of Hormuz, hoping for clarity whether they actually can cross this time, Iran isn’t wasting any time moving its oil out of the Gulf via the Strait of Hormuz after the US lifted the naval blockade outside the chokepoint and the U.S. and Iran discuss a framework on a lasting peace deal.
Even as Western shippers and insurers remain wary of the conflicting signals about how open the Strait of Hormuz really is - after...
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Jun 4, 2026 / Tyler Durden
Obamacare Fraud Estimated To Cost $25 Billion This Year: Report
Obamacare Fraud Estimated To Cost $25 Billion This Year: Report
Authored by Lawrence Wilson via The Epoch Times,
Taxpayers will foot the bill for up to $25 billion in improper Obamacare payments due to organized fraud and improper enrollments in 2026, according to a June 3 report from Paragon Health Institute.
A pedestrian passes an insurance agency that offers Affordable Care Act plans in Miami, on Jan. 28, 2021. Joe Raedle/Getty Images
Some 6.2 million enrollments in the healthcare exchanges during the most recent open-enrollment period were improper, the report said, accounting for...
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Jan 20, 2023 / Matthew Gault
U.S. ‘No Fly List’ Leaks After Being Left in an Unsecured Airline Server
The list, which was discovered by a Swiss hacker, contains names and birth dates and over 1 million entries.
Read moreA copy of the U.S. No Fly List has leaked after being stored on an unsecure server connected to a commercial airline. The No Fly List is an official list maintained by the U.S. government of people it has banned from traveling in or out of the United States on commercial flights.
Jul 10, 2026 / Tyler Durden
UAE Oil Output Hits All-Time High, Doubling Pre-Crisis Levels
UAE Oil Output Hits All-Time High, Doubling Pre-Crisis Levels
Confirming reports from earlier this week, the latest estimates from the International Energy Agency signaled that the United Arab Emirates (UAE), which unexpectedly quit OPEC earlier this year in a shock move that threatened the cohesion of OPEC, produced 4.1 million barrels per day (bpd) of crude oil in June, its highest output ever.
The UAE’s crude oil production jumped from 3.3 million bpd in May to 4.1 million bpd in June after the country left OPEC effective May 1, started raising output, and...
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