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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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Mar 4, 2026 / Tyler Durden
Watch: Bessent Teases 'Series Of Announcements' To Stabilize Oil; Says Trump's 15% Tariff Will Kick In This Week
Watch: Bessent Teases 'Series Of Announcements' To Stabilize Oil; Says Trump's 15% Tariff Will Kick In This Week
Authored by Andrew Moran via The Epoch Times (emphasis ours),
President Donald Trump’s 15 percent global tariff will take effect sometime this week, Treasury Secretary Scott Bessent said.
Following the Supreme Court’s rebuke of the president’s signature economic policy last month, Trump imposed a 10 percent global tariff, invoking Section 122 of the Trade Act of 1974. A day later, Trump pledged to raise the rate to 15 percent.
Treasury Secretary Scott Bessent testifies before...
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Jul 25, 2026 / Tyler Durden
Rand Paul Should Make Fauci Answer For Wuhan And BeagleGate Lies
Rand Paul Should Make Fauci Answer For Wuhan And BeagleGate Lies
Authored by Anthony Bellotti via American Greatness,
Fauci no longer faces any realistic risk of criminal exposure for perjury or other past federal offenses covered by the pardon.
Next week, Dr. Anthony Fauci is scheduled to testify before Sen. Rand Paul's Senate Homeland Security and Governmental Affairs Committee. After years of stonewalling, evasions, carefully parsed denials, and outright lies, this hearing presents a rare opportunity to get answers from America's most notorious mad scientist, who recklessly funded dangerous animal experiments that likely...
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May 5, 2026 / Tyler Durden
Ramaswamy Wins Ohio GOP Gubernatorial Primary In Landslide
Ramaswamy Wins Ohio GOP Gubernatorial Primary In Landslide
Biotech entrepreneur and former 2024 presidential candidate Vivek Ramaswamy just beat the pants off of political newcomer Casey Putsch (R) by a margin of 82% - 18% (approximately 530,000 votes to 116,000) in the Ohio gubernatorial primary.
The win positions Ramaswamy to face Democrat Amy Acton, the former Ohio health director who led the state’s COVID-19 response and won her party’s nomination unopposed, in the November general election. Acton’s running mate is former Ohio Democratic Party chair David Pepper.
The Republican primary lacked suspense after...
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