Cronyism and Regulatory Capture

US Central Command said on Monday that US military helicopters sank six Iranian boats, an allegation Iranian officials have denied, according to Iranian media, as the ceasefire between the US and Iran appears to have collapsed. The comments from CENTCOM Commander Adm. Brad Cooper came after Iranian media reported that Iran struck a US warship […]

Saudi Arabia's Most Critical Pipeline Restored After Drone Attack A key Saudi oil pipeline to the Red Sea was restored on Sunday and is now pumping at full capacity after an Iranian drone attack last week damaged a pumping station. The East-West pipeline is back at full capacity, moving about 7 million barrels per day and restoring critical energy flows from Saudi's Persian Gulf oil fields to the Red Sea port of Yanbu, bypassing the turmoil in the Strait of Hormuz. Bloomberg quoted the Saudi energy ministry as saying that Saudi...

Trump Broadens Interior's Role In National Energy Emergencies Authored by Tom Gantert via The Epoch Times, President Donald Trump expanded the number of Cabinet officials who can independently exercise emergency powers involving the nation's energy supplies for the second time in six months. Interior Secretary Doug Burgum testifies on Capitol Hill on April 29, 2026. Madalina Kilroy/The Epoch Times An executive order issued Sept. 8 gives the interior secretary authority under the Defense Production Act that had previously rested largely with the energy secretary. Trump added the energy secretary alongside the commerce secretary...