Article
Qatari LNG Tanker Hit By Iranian Missile In Hormuz Chokepoint
Qatari LNG Tanker Hit By Iranian Missile In Hormuz Chokepoint
A fully loaded Qatari LNG tanker was struck by a projectile near the Omani coast while exiting the Strait of Hormuz, raising fresh concerns that disruptions across the key energy maritime chokepoint could persist longer than traders had expected. Brent crude rose more than 1% to $72.76 a barrel as traders reassessed the war-risk premium in the Gulf area.
The Al Rekayyat, owned by Qatar's state shipping company Nakilat, was struck early Tuesday about 8 nautical miles east of Limah, Oman,...
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Jul 30, 2026 / Tyler Durden
China Scoffs At Iran Arms Transfer Report, After Trump Pours Cold Water On Allegation
China Scoffs At Iran Arms Transfer Report, After Trump Pours Cold Water On Allegation
China has given its response on Thursday to a prior Reuters investigation which strongly alleged that Beijing is preparing to transfer up to 400 Chinese-made shoulder-fired air-defense missile launchers MANPADS to Iran.
The Reuters report was highly specific, even identifying the Hong Kong-based company that facilitated the signing of the arms deal between the Iranians and Chinese, but Beijing has rejected the report as a lie and 'groundless', saying there's no truth to it.
"China has made its position...
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Apr 17, 2026 / Tyler Durden
Cybertruck Sales "Propped Up" By SpaceX Buying Spree
Cybertruck Sales "Propped Up" By SpaceX Buying Spree
Bloomberg is out with a new report saying Tesla's Cybertruck sales were "propped up" in the fourth quarter by purchases from companies inside Elon Musk's business empire.
SpaceX accounted for 1,279 Cybertruck registrations, or about 18% of all U.S. Cybertruck registrations during the last quarter of 2025. The report went on to say that xAI, Boring Co., and Neuralink also purchased the stainless-steel EV during the period.
"That means almost one in every five Cybertrucks registered during the period were delivered from one part...
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Jul 21, 2026 / Dave DeCamp
US Identifies Soldier Killed in Iraq as 30-Year-Old Father From North Carolina
The US military on Tuesday identified the US Army soldier who was killed in Iraq on Saturday as Sgt. Michael Emmanuel Swinton, a 30-year-old father from North Carolina, the fourth US service member to be killed in the Iran war since Friday. US Central Command said that Swinton was killed during a controlled demolition of […]
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