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Betting On TACO? Oil Slides Despite Unraveling 'Diplomacy' In Iran; Trump Warns China & Russia
Betting On TACO? Oil Slides Despite Unraveling 'Diplomacy' In Iran; Trump Warns China & Russia
Summary
Diplomacy signals emerge: Pakistan is reportedly exploring renewed US-Iran talks, while Trump is set to meet Netanyahu next week amid the escalating conflict.
War continues with 13th straight night of bombing: The US carried out a 13th straight night of strikes on Iran as Tehran launched fresh attacks on US-linked targets in Bahrain, Jordan, Kuwait, and Iraq.
Oil eases: Crude prices fell by week's end despite continued fighting, as scant reports of possible diplomatic efforts outweighed ongoing regional attacks.
Trump warns Russia, China: Trump cautioned China and Russia against supplying arms or targeting help to Iran.
Political pressure grows at home: A new Fox News poll...
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Jul 8, 2026 / Tyler Durden
Senate Defense Bill Would Establish Fund For Government To Buy Into Private Companies
Senate Defense Bill Would Establish Fund For Government To Buy Into Private Companies
Authored by Kevin Stocklin via The Epoch Times,
A new bill in Congress would enshrine into law the ability of the executive branch to buy into private companies, and create a fund to finance the purchases.
The Pentagon in Arlington, Va., in this file photo. Carolyn Kaster/AP
The current Senate version of the National Defense Authorization Act gives the Defense Department explicit authority to take ownership stakes in companies. A provision titled "Equity Investments and Related Matters" establishes a new...
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Sep 12, 2026 / Tyler Durden
US Limits Its Air Defense Coverage For Tankers Sailing Through Hormuz: Report
US Limits Its Air Defense Coverage For Tankers Sailing Through Hormuz: Report
Via The Cradle
The US military has reduced the daily window in which it offers air defense to commercial ships transiting the Strait of Hormuz, the Financial Times (FT) reports on Saturday.
Since May, Washington has sought to break Iran's control of Hormuz by providing air defense for vessels sailing through the strategic strait along a southern route hugging the coast of Oman.
Image source: US Air Force
Iran imposed a blockade on the strait shortly after the US and Israel launched an...
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Jul 15, 2026 / Kurt Nimmo
The House Speaker’s Refashioned Red Scare
Speaker of the House Mike Johnson finalized the Republican plank for the upcoming midterm election. It will not be about affordability, inflation, and the economy. It will not be about Trump’s undeclared war. The position going forward will be about communism. “The election will be over whether we’re gonna maintain our freedom in a constitutional […]
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