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Oil Soars On Saudi-Houthi Missile Attack; Trump Reinstates Iran Blockade, Floats 20% 'Reimbursement'
Oil Soars On Saudi-Houthi Missile Attack; Trump Reinstates Iran Blockade, Floats 20% 'Reimbursement'
Summary
Reports of Houthi missiles launched on Saudi Arabia: oil extends gains near month-highs.
Trump says US blockade of Iran ports 'reinstated':Â states that US to be reimbursed at rate of 20% of cargo shipped for vessels wishing to transit. CENTCOM affirms with closure message.
Strikes escalated over weekend: US hit over 140 Iranian military targets; Iran attacks US-linked facilities across the Gulf.
Shipping tensions boil: Iran claims the strait is closed, but commercial vessels continue transiting under US protection.
Oil prices climb:...
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Aug 16, 2026 / Tyler Durden
Ukrainian Drone Swarm Attack Obliterates Wildberries' Largest Warehouse Near Moscow
Ukrainian Drone Swarm Attack Obliterates Wildberries' Largest Warehouse Near Moscow
Ukraine launched one of its largest kamikaze drone attacks of the war against Russia on Sunday, with Russia's Defense Ministry saying air defenses intercepted 822 Ukrainian drones overnight, including roughly 600 headed toward Moscow.
Ukrainian long-range missiles and drone swarms have targeted high-value military assets and oil and gas infrastructure deep inside Russia this year, with Ukraine stepping up its latest attacks on logistical networks, such as Russia's version of Amazon, called Wildberries.
🔥 Ukraine has taken 7 of Wildberries’ 10 largest...
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Mar 13, 2026 / Tyler Durden
Weekend At Bernie's In Iran As IRGC Now Run The Country, Use Strait As Toll Road
Feb 17, 2026 / P.Ian Szwajca
Freedom at the Extremes: Why Liberty Attracts Both the Brilliant and the Plain
Why does such a strong love of freedom appear both among towering intellects and among those of far more modest cognitive means?
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