Gaming the Clock for Industry

US Allows Venezuela To Fund Maduro's Defense After Court Challenge Authored by Tom Gantert via The Epoch Times, The United States will ease sanctions on Venezuela to allow its regime to pay legal fees for former Venezuelan leader Nicolás Maduro in a U.S. drug trafficking case, according to a court filing in the U.S. District Court for the Southern District of New York. The April 24 filing states that the U.S. Treasury Department authorized an exception to existing sanctions, permitting funds to be used for Maduro’s legal defense. Maduro is awaiting trial on...

Australia Considers Emergency Powers To Protect Domestic Gas Supply Authored by Tsvetana Paraskova via OilPrice.com, Australia’s government intends to consider using emergency powers to protect domestic natural gas supply in case of a shortfall on its east coast in the third quarter of 2026. The potential consideration of using such powers would be part of the steps the Albanese Government is taking to secure domestic gas supplies for Australian households and industry as the Middle East conflict disrupts global energy markets. Australian Minister for Resources, Madeleine King, has given notice of her intention to consider...

The US Intelligence community estimates that Iran maintains nearly all its missiles used to control the Strait of Hormuz. President Donald Trump has claimed that the Iranian military is nearly defeated.  Senior officials speaking with The New York Times are alarmed that US intelligence agencies have assessed that Iran has operational access to 30 of […]