Article
UAE Crude Output Nears Record High Following OPEC Exit Amid Surge In Chinese Buying
UAE Crude Output Nears Record High Following OPEC Exit Amid Surge In Chinese Buying
The United Arab Emirates raised its crude output to near record highs above 3.8 million barrels per day in June, after the Gulf nation quit OPEC to escape production caps, Reuters reported citing two sources familiar with production data said on Monday. Bloomberg data showed even higher UAE exports, rising to 3.94mmb/d, just shy of the record hit in late 2025.
June's output was the highest since April 2020, according to Reuters estimates, exceeding levels seen before the...
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Mar 24, 2026 / Tyler Durden
US To Order 3,000 82nd Airborne Soldiers To Mideast; Tehran Appoints Larijani Successor, Cuts Gas Flows To Turkey
US To Order 3,000 82nd Airborne Soldiers To Mideast; Tehran Appoints Larijani Successor, Cuts Gas Flows To Turkey
Summary
WSJ, Fox reporting 3,000 elite Army Airborne soldiers to be ordered to Middle East.
Backchannel diplomacy vs skepticism: Abbas Araghchi reportedly signaled openness to negotiations with the US via envoy Steve Witkoff, but Israel has appeared cool on deal prospects or offramp.
Heavy exchange of fire and testing red lines: Iran continues missile and drone waves targeting Israel and US bases, amid reports of overnight airstrikes on military and gas infrastructure near Isfahan.
Iran reshuffles its...
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May 30, 2026 / Tyler Durden
Norway Lobbies To Persuade EU To Drop Arctic Drilling Ban
Norway Lobbies To Persuade EU To Drop Arctic Drilling Ban
Authored by Tsvetana Paraskova via OilPrice.com,
Norway, Western Europe's top oil and gas producer, has intensified lobbying at the European Union to persuade the bloc to remove or tweak its moratorium on Arctic oil and gas drilling.
Norway, which is not a member of the EU but is the biggest gas supplier to European markets, has sent nearly a dozen of its ministers to Brussels so far this year to discuss energy and trade and the state of the Arctic drilling.
The Iran...
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Jun 17, 2026 / Tyler Durden
Crypto Scammers Using Couriers To Collect Cash, Avoid Detection: FBI
Crypto Scammers Using Couriers To Collect Cash, Avoid Detection: FBI
Authored by Naveen Athrappully via The Epoch Times,
Crypto scammers are using couriers to pick up cash from victims in person to avoid being traced by banks, the FBI is warning.
The fraudsters first approach targets, typically seniors, with business or romantic proposals via social media, texts, or a fake cryptocurrency investment profile, the bureau said in a June 15 public service announcement alert.
“After establishing a relationship with the victim, the scammer suggests investing in cryptocurrency and instructs the victim to download...
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