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Oil Soars To Six-Week Highs Amid Trump Threats, US Production Dip, & 'Tank Bottoms' At Cushing

Oil Soars To Six-Week Highs Amid Trump Threats, US Production Dip, & 'Tank Bottoms' At Cushing Oil prices extended their rise this morning to six week highs as fighting between the USand Iran continued around the Persian Gulf and threats of a blockade in the Red Sea added to growing uncertainty about the flow of energy from the region. Secretary of State Marco Rubio said on Wednesday that U.S. forces would continue to attack Iran as long as it tried to exercise control over shipping traffic, which has dwindled in recent...
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May 14, 2026 / Tyler Durden
Europe's Dependence On US LNG Set To Surge
Europe's Dependence On US LNG Set To Surge By Irina Slav of OilPrice.com The European Union’s dependence on liquefied natural gas from the United States is set to rise significantly, reaching 80% of all LNG imports in two years, the Institute for Energy Economics and Financial Analysis has warned. In a report cited by Reuters, IEEFA noted that the European Union already imports significant volumes of U.S. liquefied gas, creating a potentially risky dependence on a single supplier. LNG imports from the United States into the EU accounted for 58% of overall LNG...
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Apr 30, 2026 / Tyler Durden
Humanoid Robots Enter The Workforce. How Long Before Workers Revolt?
Humanoid Robots Enter The Workforce. How Long Before Workers Revolt? The emergence of the humanoid robotics industry worldwide continues to gather pace. UBS analyst Phyllis Wang noted some of the most recent developments: The 2026 Beijing Humanoid Robot Half-marathon Race reflected the advancement of hardware technology; We are seeing financing accelerate among some companies, including several OEMs focusing on robotics AI and key component manufacturers (such as dexterous hands). For example, TARS has completed a pre-A funding round of US $455m. Local governments, industrial funds and industry leaders are all actively deploying...
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Apr 19, 2026 / Tyler Durden
Turkey Could Be 'Next Iran' For Israel: US Envoy Scrambles To Calm Tensions
Turkey Could Be 'Next Iran' For Israel: US Envoy Scrambles To Calm Tensions Via Middle East Eye US Envoy Tom Barrack has downplayed escalating tensions between Turkey and Israel as just "rhetoric" and pushed for regional cooperation between the two countries in security and energy projects. Speaking during a panel at the Antalya Diplomacy Forum, Barrack pushed back against comments from some officials in both countries that suggested they could come into conflict in the near future. "I think Turkey is just not a country to be messed with," Barrack said. ​​​​​Handout: Antalya Diplomacy Forum via AFP Barrack said that...
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