"We've Burned Through All Buffers": Oil Traders Warn Market Running On Fumes

California Insurance Regulators Say State Farm Mishandled Wildfire Claims Authored by Dylan Morgan via The Epoch Times, The California Department of Insurance announced on May 4 it filed an enforcement action against State Farm, alleging the company significantly mishandled claims from survivors of the 2025 Los Angeles wildfires. “Wildfire survivors came to us for help, and we followed the facts,” Insurance Department Commissioner Ricardo Lara said. “Our investigation found that State Farm delayed, underpaid, and buried policyholders in red tape at the worst moment of their lives. That is unacceptable, and we are...

The IDF continued its constant violations of the US-backed Gaza ceasefire on Monday by launching attacks across the Strip as an Israeli-backed militia also clashed with Hamas-aligned fighters on the ground. Gaza’s Health Ministry said in its daily update on Monday that Israeli attacks killed at least two Palestinians and injured 22 over the previous […]

Saudi Arabia has discussed a non-aggression pact with Middle East states and Iran in conversations with its allies about what the region will look like following the end of the US-Israeli war against Iran, the Financial Times has reported. The report noted that the US’s Gulf Arab allies are worried they will be left with […]