Article
Tanker Owners Having The Best Week Of The Hormuz Crisis As VLCC Rates Soar
Tanker Owners Having The Best Week Of The Hormuz Crisis As VLCC Rates Soar
By Julianne Geiger of OilPrice.com
The Strait of Hormuz may be reopening, but don't tell tanker owners the crisis is over. They're making too much money.
As Middle Eastern producers scramble to move crude that has spent months stranded in the Persian Gulf, tanker rates have exploded higher, turning a slow return to normal into a windfall for shipping companies.
According to Reuters, the cost of hiring a tanker in the Gulf has nearly doubled in just a week, jumping...
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Apr 1, 2026 / Tyler Durden
Suspension Lifted On Helicopter Crews For Viral Fly-By At Kid Rock's Home
Suspension Lifted On Helicopter Crews For Viral Fly-By At Kid Rock's Home
Authored by Troy Myers via The Epoch Times,
Two AH-64 Apache helicopter crews were suspended, then quickly unsuspended Tuesday after they hovered next to Kid Rock’s “Southern White House” home in Nashville on Saturday.
The long-time country rock musician posted a video of the fly-by on X, showing him clapping and saluting the helicopter crews, whose suspension was a discretionary step for an investigation, the Army said in a statement Tuesday.
Department of War Secretary Pete Hegseth pulled that suspension later...
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May 28, 2026 / Tyler Durden
Remarkable Turns Of Events
Remarkable Turns Of Events
By Michael Every of Rabobank
It’s remarkable screen oil prices are little changed at below $100 today after Trump said the US is “not satisfied” over talks with Iran, days after claiming a deal was imminent, and hours after saying the terms the Iranians had leaked that the US agrees to --a real TACO-- were a “complete fabrication.”
It’s more remarkable when Trump added Iran and Oman will not control the Strait of Hormuz, which they say they will; vowed to blow up Oman if it misbehaves; struck...
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Jul 7, 2026 / Tyler Durden
Crude Spikes As US Scraps Iran Oil Waiver Ahead Of Expected Retaliation




