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Russia Bans Diesel Exports, Assuring Even Higher Prices
Russia Bans Diesel Exports, Assuring Even Higher Prices
As was widely speculated in recent days, Russia banned exports of diesel in order to avoid domestic shortages after a flurry of attacks by Ukrainian drones on the nation’s refineries.
“Today we introduced ban on exports of diesel,” Deputy Prime Minister Alexander Novak said at the government’s meeting with President Vladimir Putin.
The decision will further squeeze global fuel markets, which are already under pressure due to the supply disruption caused by the Iran war. Russia's decision means that the recent surge in the...
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May 31, 2026 / Tyler Durden
Non-English-Speaking Bus Driver Faces Manslaughter Charges After Horror Virginia Crash Kills Entire Family
Non-English-Speaking Bus Driver Faces Manslaughter Charges After Horror Virginia Crash Kills Entire Family
A commercial bus driver, who federal officials say could not speak English, faces two counts of involuntary manslaughter, with additional charges likely, after his charter bus plowed into vehicles on a Virginia highway Friday morning, killing five people, including an entire Greenfield, Massachusetts, family of four.
The New York Post reports that Virginia State Police revealed the 48-year-old bus driver, Jing S. Dong, was charged with two counts of involuntary manslaughter and will likely face additional charges after...
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Mar 30, 2026 / Tyler Durden
Voter ID Vindicated By Obama Judge
Voter ID Vindicated By Obama Judge
It took seven years, one reversed injunction, and an Obama-appointed judge to settle what most Americans already believed: requiring a photo to vote is not a civil rights violation.
This week, U.S. District Judge Loretta Biggs dropped a 134-page ruling upholding North Carolina's photo voter ID law and dismissing claims by the state NAACP and other left-wing civil rights organizations that Republicans designed the 2018 requirement to discriminate against black and Latino voters.
The decision is a huge victory for Republican legislative leaders, who have been...
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May 22, 2026 / Tyler Durden
Hormuz Shock Raises Recession Risk As Retailers Sound Alarm On Consumer Stress
Hormuz Shock Raises Recession Risk As Retailers Sound Alarm On Consumer Stress
Oil market experts at Rapidan Energy Group warn that a prolonged closure of the Strait of Hormuz could trigger an oil shock severe enough to hit consumers hard and push the economy into a downturn on a scale approaching that of the 2008 Great Recession.
That warning was reinforced by a UBS analyst, who cautioned that sharper slowdowns for working-class households could emerge this summer as gasoline pump prices average north of $4.50 per gallon this week and collide...
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