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Oil Tanker Makes Red Sea U-Turn After Houthi Threats, Reroutes Around Africa In Costly Transit
Oil Tanker Makes Red Sea U-Turn After Houthi Threats, Reroutes Around Africa In Costly Transit
ING's Singapore-based head of commodities, Warren Patterson, was asked during a recent webinar what it would take for Brent crude to exceed $120 a barrel. His answer was "not much," warning that prices could soar well into triple-digit territory if the Strait of Hormuz remains blocked through August and threats to Red Sea shipping intensify.
Patterson's warning about disruptions at the Strait of Hormuz and the Bab el-Mandeb Strait echoes concerns voiced across commodity desks...
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Feb 20, 2026 / Tyler Durden
"We Saw It. We Passed": Blue Owl Fails To Secure Third Party Funding For $4 Billion Data Center
"We Saw It. We Passed": Blue Owl Fails To Secure Third Party Funding For $4 Billion Data Center
As we discussed extensively yesterday, Blue Owl already has huge headaches with its software exposure, being forced to dump a substantial amount of its SaaS-linked loans (to related parties among others) as it gates retail investors in its private credit fund amid a tsunami of redemption requests. We now learn that the massive private credit asset manager is also facing major hardware challenges too.
According to Insider, Blue Owl - which is also...
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May 18, 2026 / Tyler Durden
Russian Drone Hits Chinese Ship In Black Sea, Less Than 24-Hours Before Xi-Putin Summit
Russian Drone Hits Chinese Ship In Black Sea, Less Than 24-Hours Before Xi-Putin Summit
Just 24 hours before Presidents Vladimir Putin and Xi Jinping are set to meet for their planned summit in Beijing, soon on the heels of Trump's visit, and a geopolitical wrench may have just been thrown into the works.
According to Ukrainian President Volodymyr Zelensky, Russian forces have attacked a Chinese ship heading toward a Ukrainian port - a provocative move that threatens to seriously anger Beijing at the worst possible diplomatic moment.
via Ukraine Navy
Early Monday morning,...
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Jun 23, 2026 / Tyler Durden
SpaceX Builds A Regulatory Moat Around Its Starlink Empire
SpaceX Builds A Regulatory Moat Around Its Starlink Empire
Scotiabank analysts write that SpaceX is using the Federal Communications Commission (FCC) process to transform spectrum rights, service approvals, and satellite rulemaking into a regulatory moat around Starlink. This reinforces its position as the rocket and AI company moves to secure years of dominance as the leading space-based communications provider.
Scotiabank's Maher Yaghi and Joey Chan wrote in a note titled "SpaceX at the FCC: Building a Wider Regulatory Moat" that, after reviewing SpaceX's filings from October 2025 through June, there...
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