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Europe Capitulates, Sees Iranian Hormuz Fee Collection As 'Inevitable'
Europe Capitulates, Sees Iranian Hormuz Fee Collection As 'Inevitable'
Europe capitulates at a moment Washington and Tehran (and possibly Oman) continue to be directly at odds over how future shipping traffic through the Strait of Hormuz energy chokepoint will be administered.
Bloomberg reports Thursday, "Some leading European powers now accept that ships transiting the vital Strait of Hormuz will have to pay fees to Iran and Oman, according to people familiar with the matter."
"The prospect of some sort of service fee in the aftermath of the US and Israeli war with...
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Jun 25, 2026 / Tyler Durden
Generational Crisis! Nearly A Third Of US Adults Under 35 Are Still Living With Their Parents
Generational Crisis! Nearly A Third Of US Adults Under 35 Are Still Living With Their Parents
Authored by Michael Snyder via The Economic Collapse blog,
Americans that are over the age of 55 control approximately 73 percent of all wealth in the United States.
Americans that are age 55 or younger control just 27 percent of all wealth in the United States.
Never before in history has there been a generational divide of this magnitude.
One of the reasons why there is such a generational divide is because housing has become so insanely...
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Feb 14, 2026 / Eric Margolis
Will Cuba Return to US Colonial Rule?
As the White House threatens war against Cuba, I am reminded of the charming evenings my parents and I spent at Havana’s venerable ‘Floridita Bar, sipping a newly invented cocktail, the Margarita, with the renowned writer, Ernest Hemingway. `Papa’ Hemingway, who then lived in Cuba, loved this island with a great passion and wrote about […]
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Aug 26, 2026 / Kyle Anzalone
Iran, Oman Reach Strait of Hormuz Revenue Sharing Deal
Iranian officials have announced that Tehran and Muscat will split the revenue generated by tolls for vessels crossing the Strait of Hormuz. The two countries also agreed to limited military transits through the critical waterway. “Agreements have been reached regarding each country’s share of the strait’s waters as well as Iran and Oman’s share of […]
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